The conditions and environment for the development of China's open economy are undergoing major changes, and the past low factor cost advantage is becoming a huge market scale advantage. To foster the new pattern of dual circulation with domestic circulation as the mainstay is to implement an economic globalization strategy based on domestic demand, and use domestic demand as a competitive advantage to encourage enterprises to participate in the international economic cycle. The internal logic of this strategy is: expanding domestic demand-attracting global resources-developing an innovative economy-aiming at the upgrading of basic industry and the modernization of industrial chain and building a large-scale circular pattern with the domestic economy as the mainstay- fostering a new development paradigm with domestic and international circulations reinforcing each other. The key to the full implementation of this strategy lies in opening up both externally and internally. At present, the urgency and importance of opening up internally are higher than opening up externally. Further opening up internally has become the basis and prerequisite for deepening the opening up externally, which can be considered from three levels: macro, meso and micro. It can be started from reforming the national income distribution system, promoting high-quality economic integration strategy by region and focusing on removing obstacles to private economic development respectively.
