Super-large-scale market is a new comparative advantage formed in China's economic development. The basic characteristics of the strategy of economic globalization based on super-large-scale market are as follows: on the basis of large population, people's income will continue to grow, making the scale of domestic demand largest in the world; shaping the international status of a strong local currency; absorbing global capital, technology and talents to flow to the country with the advantage of more opportunities of success in the strong domestic market.To make good use of China's large-scale market advantage, another important development strategy is how to rely on this important comparative advantage to develop innovation economy and build a new country driven by innovation as soon as possible. Developing innovation-driven economy based on domestic demand market will cultivate new dynamic competitive advantages for Chinese enterprises to participate in a new round of economic globalization. The connotation of this new dynamic competitive strategy mainly includes three aspects: We should start from the promotion of domestic entrepreneurship and innovation and promote high-level introduction; With the goal of enhancing the competitiveness of domestic industries, we should go global on a large scale and construct various global value chains along the nodes of the global city network. For example, relying on the Yangtze River Economic Belt, we should promote Chinese brand enterprises to participate in overseas infrastructure construction and production capacity cooperation along “the Belt and Road Initiative”. We should promote domestic reform through opening-up and accelerate the pace of China's innovation-driven national construction.To promote the formation of large-scale market advantage, we also need to consider the issue of Institutional Innovation: We should promote the formation of super-large-scale market advantage by promoting regional market integration, promote the formation of super-large-scale market advantage by reforming the income distribution system, and improve the investment desire and investment ability of private enterprises by focusing on equal competition conditions of all kinds of ownership enterprises.
