Xi chairs symposium with business leaders; “…

The top news out of China today is Xi’s meeting with and speech to a group of public and private business leaders. Among his words of encouragement, promises of more effective policies to help the firms and appeals to patriotism, he again repeated the phrase “我们要逐步形成以国内大循环为主体、国内国际双循环相互促进的新发展格局 We must gradually form a new development pattern with the domestic cycle as the main body and the domestic and international cycles mutually promoting each other”.

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