BEIJING, Oct. 18, 2022 /PRNewswire/ — At the first press conference of the 20th National Congress of the Communist Party of China (CPC) held on Monday, some foreign reporters asked how the Chinese government will reduce its dependence on foreign imported resources such as iron ore, crude oil, natural gas and soybeans to achieve a more self-sufficient economy.
Zhao Chenxin, a member of the CPC Leadership Group of the National Development and Reform Commission (NDRC) and deputy director of the NDRC, frankly and explicitly responded by saying that it is wrong to think that China will scale back its opening-up efforts or even turn to a “self-sufficiency.” He said that General Secretary Xi Jinping stressed repeatedly that building a new development pattern is an open domestic and international dual circulation, not a closed domestic single circulation. He also expounded on China’s understanding that economic globalization trend is…
