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What are the reasons for building a new pattern of development in China?
The reason for this is the following:

At present, the world is in the midst of a once-in-a-century great change. Only by deeply understanding and grasping the general trend of world development and actively adapting to the development trend of the times can we seize the opportunity, overcome the challenge and remain invincible.

First, a new round of scientific and technological revolution and industrial transformation is in the ascendant, and it is imperative to seize the commanding heights of scientific and technological innovation based on domestic advantages. Since mankind entered the industrial society from the agricultural society, scientific and technological innovation and the accompanying industrial revolution have gone through several stages of mechanization, electrification and automation.

Nowadays, with the new round of scientific and technological revolution and the accelerated evolution of industrial transformation, new technologies, new applications and new formats such as artificial intelligence, big data and Internet of Things are in the ascendant, which are profoundly changing human production methods, lifestyles and concepts.

The international competition around the dominance of intelligent technology and intelligent industry is extremely fierce. Whoever can seize the opportunity will take the lead in international competition and push economic development into the fast lane.

Therefore, China should seize the opportunity, base itself on its own advantages, strengthen the construction of independent innovation capability, strive to break through key core technologies, seize the commanding heights of scientific and technological competition and future development, transform all sectors of the national economy with the technological achievements of the new round of scientific and technological revolution, and realize the connotative growth driven by innovation, which not only meets the inherent requirements of high-quality economic development in China, but also opens up new opportunities for the development of global enterprises.

Second, economic globalization is at a crossroads, and it is imperative to reshape the new impetus of economic globalization. Economic globalization is the product of scientific and technological progress and socialization of production, which determines that economic globalization is an irresistible historical trend. Before the international financial crisis broke out in 2008, economic globalization reached its climax, and global industrial chain, supply chain and value chain were formed.

In recent years, the trend of anti-globalization has risen, and protectionism and unilateralism have made waves, which has seriously hindered the process of world economic recovery.

Facing the surging tide of anti-globalization, China must speed up the construction of a complete domestic demand system, focus on releasing the potential of domestic demand, inject new kinetic energy into economic globalization while achieving high-quality economic development, stabilize the global economic cycle, lead economic globalization to develop in an open, inclusive, inclusive, balanced and win-win direction, and make important contributions to building a community of human destiny and achieving a win-win situation.

Thirdly, the epidemic has caused serious impact and damage to the global industrial chain supply chain, so it is imperative to stabilize and maintain the security of the industrial chain supply chain. Since the beginning of this year, the global spread of COVID-19 epidemic has accelerated the change of the world, and the global industrial chain supply chain has been impacted by non-economic factors, and the world has entered a period of turbulent change.

Some countries put forward the strategic demand of localization of manufacturing industry on the pretext of improving the ability of epidemic prevention and control and realizing economic recovery, and help the manufacturing industry return by providing economic compensation by the government. Some countries use extreme pressure to suppress other countries, which adversely affects the security and stability of the global industrial chain supply chain.

China took the lead in controlling the epidemic and comprehensively promoted the resumption of work and production, which boosted the confidence of global economic growth.

China strives to build a complete domestic demand system, actively maintains the stability and security of industrial chain supply chain, and promotes the formation of a new development pattern with domestic macro-cycle as the main body and domestic and international dual-cycle promoting each other, which not only helps to accelerate China's economic growth, but also helps to inject confidence into the world economy under the shadow of the epidemic and create new opportunities for common development of the world.

Fourthly, China has entered a new stage of development, and it is inevitable to adjust its development strategy. In the past few decades, China has made full use of its low factor price advantage and export-oriented strategy to create a miracle in the history of world economic development, but this development path has become narrower and narrower.

Tracking and imitation technology is difficult to support the rapid economic development; China's per capita GDP has reached 1 10,000 US dollars, and the advantage of low labor cost has been greatly weakened.

In recent years, with the changes in the external environment and the endowment of China's development factors, the kinetic energy of both markets and resources in the international cycle has obviously weakened, while the potential of China's domestic demand has been continuously released, and the vitality of the domestic cycle has become increasingly strong, which objectively has a changing trend.

Therefore, we must adapt to the changes in the situation, change our development ideas, adjust our development strategies, and build a new development pattern based on smoothing the national economic cycle.