China Daily | Strategy Set to Fit into New Era of Globalization

release time:2021-01-18

By Andrew Moody


A great piece by Andrew Moody on how China’s dual circulation economic strategy is actually a manifestation of a new era of globalization.  Dr. Edward Tse was quoted here.

Edward Tse, CEO and founder of Gao Feng Advisory, a management consultancy, believes that dual circulation is a concept that fully embraces the emergence of "globalization 2.0".

He said globalization 1.0 was the Made in China era of China being the center of supply, while now, with a huge new middle-income group, the nation is a center of demand as well as supply.

"This is the new pattern of dual cycles of global supply and demand which epitomizes a new era of globalization," he said.

China's dual circulation strategy, in which the domestic economy is the mainstay and the domestic and international economies complement each other, has already attracted much international interest and comment.

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Dr. Edward Tse

CEO of Gao Feng Advisory

Gao Feng Advisory 

Gao Feng Advisory Company is a professional strategy and management consulting firm with roots in China coupled with global vision, capabilities, and a broad resources network

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