One Other Key of the "Dual Circulation":Establishing a Modern Industrial System with International Competitiveness

A new round of international industrial competition has commenced years ago. Professor Rui Mingjie from Fudan University School of Management pointed out that this competition is in essence the competition in the formulation of industrial standards, the governance of the industrial chain, the industrial development platform, the system of industrial and technological innovation, and the talent training. In the context of this latest industrial revolution, we must follow the "dual circulation" strategy and improve our international competitiveness, which can’t be realized unless we improve the weaknesses in our industrial chain first. Professor Rui threw light on the three directions to focus on:

1. Work on weaknesses in the high-end industries among the basic industries, such as new energy, unmanned driving, big data analysis, artificial intelligence algorithm, etc.

2. Work on weaknesses in the industries manufacturing finished products, such as new energy automobile, commercial aircraft engine, smart production equipment, smart operating system, high-end medical equipment, etc.

3. Work on weaknesses in the industries manufacturing intermediate products, such as high-end chip. 

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