The Theoretical Logic and Implementation Path of Constructing the New Development Pattern of “Double Circulation” from the Perspective of Political Economy

Abstract

This paper based on the theory of marxist political economics “binary” thought, puts forward total contradiction movement in the process of social production is a new development pattern of “binary” theoretical basis, establishes a new development pattern of “binary” rely on “factor market”, “product marketing”, and needs to make full use of the domestic market on the basis of expanding the international market “market space”. At the same time, it definitely points out that “efficient market” and “efficient government” are the fundamental guarantee of the new development pattern of “double circulation”. The constraint conditions of constructing the new development pattern of “double circulation” are analyzed from four dimensions: economic system, innovation ability of market subjects, regional location and industrial structure. Finally, according to the realistic constraints of constructing the new development pattern of “double circulation”, the paper puts forward the concrete implementation path: in the top-level design of the economic system, the market should play a decisive role in the allocation of resources, and the government should play a greater role; in the aspect of cultivating the innovation ability of market subjects, we should implement the innovation-driven strategy and promote comprehensive innovation with scientific and technological innovation as the core. In terms of regional and regional cooperation and development, we will coordinate regional development internally and integrate into the global economy in an all-round way externally. At the level of industrial structure optimization and upgrading, efforts should be made to optimize the supply-side structural reform and strive to achieve a benign interaction between supply and demand.