Interview: IMF official says simultaneous implementation of key reforms to support China's recovery, "dual circulation"


  • World
  • Thursday, 05 Nov 2020

WASHINGTON, Nov. 4 (Xinhua) -- Simultaneous implementation of key structure reforms will help support China's balanced recovery from the COVID-19 pandemic and its new economic development pattern of "dual circulation," an International Monetary Fund (IMF) official has said.

First introduced in May this year, the "dual circulation" strategy, which takes the domestic market as the mainstay while letting domestic and foreign markets boost each other, has been placed high on Chinese authorities' agenda as the global economy suffers from the impact of the pandemic.

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