Internal and external circulation prompt high-quality development of China's economy

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China is expected to target a GDP growth of greater than 5 percent for 2023 toward a strong economic recovery. Meanwhile, the country has gone on a path of fully opening up, with big opportunities for the rest of the world. To take a closer look at the potential of China’s economic recovery in 2023, CGTN host Tian Wei invites experts for deeper insights. Xiao Geng, director of the Institute of Policy and Practice from the Shenzhen Finance Institute of the Chinese University of Hong Kong, Shenzhen, said in terms of investment and consumption, more emphasis needs to be on liberalization, and it’s time to focus on the so-called internal circulation. Jim Rogers, chairman at Rogers Holding, emphasized the importance of external circulation and said China should continue to open up to the outside world.

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