General Secretary Xin Jinping specially emphasized in his speech at the expert symposium on economic and social fields on August 24th that we must achieve the intensive growth driven by innovation. From the current situation, it is not only necessary but also imminent to realize intensive growth and build an independent, controllable and safe industrial system.Strategic Connotation and Realization Mechanism of Dual Circulation“To form a new development pattern that takes the domestic market as the mainstay and allows the domestic and foreign markets to boost each other” is the latest strategic deployment based on the comprehensive judgment on current situation. The core of the dual circulation is the integration of industry and innovation chains, and the key is to reshape the domestic regional market.The Innovative Path of Promoting the Intensive Growth through Dual CirculationTo fix weak links under dual-circulation background, we need to do the following things. First of all, we should vigorously promote the market-based reform of production factors. Secondly, we need to actively perfect the industrial chain and improve the value chain. Thirdly, it’s of great necessity to enhance the governance level of international innovation chain.
