This year marks the fifth anniversary of the strategic concept of "building a new pattern of development that is dominated by the domestic circulation and promotes and international circulation" put forward by General Secretary Xi Jinping. Over the past five years, General Secretary Xi Jinping has personally planned, commanded, and promoted the new practice of a new pattern of development. Whether it is the smooth national economic cycle or the high-level self-reliance and strength, significant achievements have been made, and some regularings of accelerating the construction of a new pattern of development have been formed in practice, which need to be further grasped and utilized in the future practice of building a new pattern of.
To grasp the relationship between deepening supply-side structural reform and strengthening demand-side management

Supply and demand are the two basic aspects of the relationship of the market economy, a dualistic relationship that is both opposite and unified, depending on each other and conditioning each other. Without demand, supply cannot be realized, and new can give birth to new supply; without supply, demand cannot be satisfied, and new supply can create new demand. The serious imbalance and dislocation of supply and demand, and thesmooth cycle, are one of the roots of major risks in the economic and financial fields. The key to building a new pattern of development lies in the unimpeded smooth economic cycle Whether it can be achieved mainly depends on whether the two ends of supply and demand have strong power, overall matching, dynamic balance, and positive interaction. This requires the organic combination the strategy of expanding domestic demand and the deepening of supply-side structural reform, and the simultaneous efforts of the two ends of supply and demand, coordinated cooperation, to form a level of dynamic balance in which demand pulls supply and supply creates demand, to achieve the virtuous cycle of the national economy.

On the one hand, demand-side management must be strengthened, and a complete domestic demand system must be formed quickly. General Secretary Xi Jin emphasized: "Expanding domestic demand is not only related to economic stability, but also to economic security. It is not a temporary measure, but a strategic move. We need to make up for the shortcomings in domestic demand, especially consumption, so that domestic demand can become the driving force and stable anchor to pull economic growth." We should study the law of evolution of the quantity and quality of the people's growing need for a better life, strive to expand the consumption demand supported by income and the investment demand with reasonable returns. On other hand, we need to deepen the structural reform of the supply side continuously, advance and retreat, protect and press, enhance the adaptability and balance of supply and demand We always insist on focusing the development of the economy on the real economy. We will deepen the high-end, intelligent, and green development of manufacturing industry, develop strategic emerging, and accelerate the development of the digital economy. In particular, we should insist on the integrated deployment of the innovation chain, industrial chain, and talent chain, promote deep integration, continuously promote scientific and technological innovation and institutional innovation. Break through the blockages, constraints, and vulnerabilities in supply, enhance the competitiveness and security of the industrial and supply chains, and existing demand and create new demand with independent and controllable, high-quality supply. At the same time, we should insist on coordinated efforts and dynamic balance on both the supply demand sides.