China is looking to rely more on domestic consumer spending, shifting its growth engine from state-led investment and exports, seen here at the Port of Lianyungang in Jiangsu province. Photo: Bloomberg China is looking to rely more on domestic consumer spending, shifting its growth engine from state-led investment and exports, seen here at the Port of Lianyungang in Jiangsu province. Photo: Bloomberg
China is looking to rely more on domestic consumer spending, shifting its growth engine from state-led investment and exports, seen here at the Port of Lianyungang in Jiangsu province. Photo: Bloomberg

Explainer |
What is China’s dual circulation economic strategy and why is it important?

  • China’s emphasis on growth through exports is being bolstered by a focus on domestic demand as the international trade environment comes less supportive
  • The coronavirus has highlighted the risks and vulnerabilities inherent in deep trade integration, spurring countries to reduce their reliance on other economies

Knowledge |   China Economy
China is looking to rely more on domestic consumer spending, shifting its growth engine from state-led investment and exports, seen here at the Port of Lianyungang in Jiangsu province. Photo: Bloomberg China is looking to rely more on domestic consumer spending, shifting its growth engine from state-led investment and exports, seen here at the Port of Lianyungang in Jiangsu province. Photo: Bloomberg
China is looking to rely more on domestic consumer spending, shifting its growth engine from state-led investment and exports, seen here at the Port of Lianyungang in Jiangsu province. Photo: Bloomberg
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