Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

Research on Industrial Transformation from the Perspective of “Double Cycle”

Authors
Teng Zihan1, a
1Department of International Economy and Trade, Southwest University of Finance and Economics, Chengdu, Sichuan Province, China
Corresponding Author
Teng Zihan
Available Online 26 March 2022.
DOI
10.2991/aebmr.k.220307.323How to use a DOI?
Keywords
Dual circulation; Industrial transformation; Reinforcing chain; Industrial policy
Abstract

Under the background of complex world economic situation and increasing uncertainty and instability, China’s proposal to build a new development pattern of “large cycle and double cycle” is of great strategic significance. China has a huge consumer market, a mature and perfect digital economy and strong policy support. Therefore, under the increasing downward pressure of export trade, domestic industries should actively promote transformation and upgrading based on the domestic cycle. Although China has a long industrial chain and a wide range of industrial categories, there are still problems of weak innovation ability, insufficient vitality and poor factor allocation, especially in special periods. Therefore, we need to take further measures to create an enterprise innovation culture, make good use of the domestic market, supplement and strengthen the chain, and improve the industrial policy.s

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
26 March 2022
ISBN
978-94-6239-554-1
ISSN
2352-5428
DOI
10.2991/aebmr.k.220307.323How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Teng Zihan
PY  - 2022
DA  - 2022/03/26
TI  - Research on Industrial Transformation from the Perspective of “Double Cycle”
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 1963
EP  - 1968
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.323
DO  - 10.2991/aebmr.k.220307.323
ID  - Zihan2022
ER  -