How to coordinate the relationship between opening up, innovation and development when economic development enters the new normal? This is an old question, but it has a new connotation. Specifically, it is how to deal with the relationship between high-level introduction, large-scale going out and innovation driven, and cultivate the comparative advantage of participating in a new round of international competition. Whether this problem can be solved is directly related to the basic pattern of China's economic development and the enhancement of international competitiveness.At present, China is facing an international environment of sluggish aggregate demand, while domestic factor prices are rising, and the competitive advantage of traditional labor-intensive industries is weakening. Under such conditions, only by speeding up technological progress, improving the quality of workers and management level, can Chinese enterprises digest the pressure of factor cost increase and form a new international competitive advantage by continuously improving productivity. In short, only by forming an innovation driven development pattern and entering the fast track of structural adjustment can China's export competitive advantage be maintained. In order to adapt to this trend change, we should build a high-level open economic pattern mainly based on domestic demand, actively integrate into the global innovation network, comprehensively improve China's ability to use the global "brain", that is, global wisdom and resources, so as to cultivate China's new advantages in participating in International competition. On the one hand, high-level introduction. Through the construction of various domestic development platforms and the optimization of institutional environment, China's huge domestic demand is taken as the attraction to absorb all kinds of advanced global production factors. On the other hand, go out on a large scale. Relying on and serving the demand of the domestic market, we should make use of China's huge foreign exchange reserves to absorb various advanced production factors.
