CHINA-ECONOMY: CCP CC ISSUES DOCUMENT REGARDING 'DUAL CIRCULATION'

The Central Committee of the Communist Party of China (CPC) and the State Council jointly on April 10 issued a key document titled “Opinions about accelerating the establishment of a unified domestic market” that prescribed new measures to break down local protectionism and other blockages that restrict local consumption. The document was to clarify issues concerning 'dual circulation' and promote it. (Comment: The dual circulation strategy was first announced in May 2020 by the Politburo Standing Committee of the Chinese Communist Party (CCP) and later revised by Xi to prioritize “internal circulation.”)





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