General Secretary Xi Jinping proposed in this year's "NPC and CPPCC Sessions" that facing the future, we should gradually form the new development pattern, with the domestic cycle as the mainstay and the domestic and foreign cycles promoting each other. It requires the domestic market and the international market to be better connected through giving full play to the potential of domestic demand. In this way, we can better utilize two markets and resources at home and abroad, and realize more robust and sustainable development.In the past, the key to our success of globalization as guest is to make good use of the international market. China has a huge comparative advantage in terms of production factors, so that we have incomparable competitive advantages after entering the global value chain. However, after the financial crisis in 2008, the economic globalization as guest is called an unsustainable development strategy.Therefore, we should upgrade to host the globalization as soon as possible, which uses domestic demand to connect domestic and foreign markets. In this way, we can make the domestic market play a decisive role in the economic growth and the allocation of resources, and change the form, method, and channel of China’s participation in the international industrial competition.The main point to the success of hosting the globalization lies in the need to forming a unified national market. Its basic condition is to produce strong domestic demand or super market scale advantage, and this market can provide more opportunities for global resources and factors.


