Make Coordinated Efforts to Advance the Building of Modern Circulation System in the Context of the New Development Pattern

The circulation system links production and consumption. It is not only the basis on which the new development pattern is built but also an important guarantee for achieving domestic circulation. During the 14th Five-Year Plan period, improving the modern circulation system is essential for ensuring...

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Bibliographic Details
Published inChina finance and economic review Vol. 10; no. 3; pp. 111 - 128
Main Author Yi, Shaohua
Format Journal Article
LanguageEnglish
Published Heidelberg De Gruyter 02.12.2021
De Gruyter Poland
Subjects
Circulation
Commodities
Consumption
Domestic markets
Economic development
Logistics
modern circulation system
new development pattern
Quality
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Summary:The circulation system links production and consumption. It is not only the basis on which the new development pattern is built but also an important guarantee for achieving domestic circulation. During the 14th Five-Year Plan period, improving the modern circulation system is essential for ensuring unimpeded domestic circulation and supporting high-quality economic development. This paper expounds on the new changes of and requirements on the circulation system under new circumstances, summarizes the current situation of the circulation system, analyzes the problems and challenges that the circulation system is faced with according to new requirements, and makes recommendations and puts forward main measures in a targeted way, so as to provide references for promoting coordinated development of the modern circulation system.
ISSN:2095-4638
2196-5633
DOI:10.1515/cfer-2021-0019