The Fifth Plenary Session of the 19th Central Committee of the Communist Party of China made the decision to “accelerate the construction of a large domestic circulation as the main body、Major strategic decision of a bet with bet365 of mutual promotion of domestic and international dual cycles。Based on new international and domestic situations and new issues，Building a “bet with bet365” has become the latest refinement of the socialist economic practice with Chinese characteristics，Opened up a new theoretical realm of contemporary Marxist political economics。The bet with bet365” is based on smooth internal and external economic circulation，Leveraging high-quality development of China’s economy，To transform the mode of economic development、Resolve the main contradictions in society、Achieving common prosperity and other major economic practices have opened up a new path。

　　Changes in economic bet with bet365 methods

“bet with bet365” focuses on updating China’s economic cycle model，The direct goal is to upgrade the economic development model，Open up a new path for high-quality economic development。Economic cycle runs through the entire economic process，Realize production、Assignment、Circulation、Smooth flow in all aspects of consumption，Value can continue to change in different forms，Proliferation in motion。The formation of a country’s economic cycle model is the result of the interaction between objective economic structure and subjective strategic choices。

In recent years, the external conditions of China’s economic cycle have undergone qualitative changes，Taking the markets of developed countries such as the United States as the main body，"Both ends are out，The export-oriented economic external cycle of "big imports and big exports" has encountered serious external shocks。Viewed from the inner loop，The size and structure of China’s economy have also undergone fundamental changes，Diminishing returns on capital，The problem of unbalanced economic bet with bet365 is becoming increasingly prominent，The investment-oriented internal circulation pattern is unsustainable。Production structure，China is still in the middle and lower reaches of the global value chain。The production structure is directly affected by the technical structure，Due to the lack of high-end technology mastery and core component production capabilities，It is difficult for Chinese manufacturing to climb to the high end of the global value chain。Under the dollar hegemony system，China’s double surpluses strengthen China’s tendency to save，Suppressed domestic consumption。Therefore，From production structure to consumption structure，Investment-Export-oriented internal and external circulation model is unsustainable。

By updating the internal and external circulation relationship of China’s economy，With inner loop as the main body，Domestic and international dual cycles promote each other，The connotation of changing China’s economic bet with bet365 model，It is precisely to open up a specific path for high-quality economic bet with bet365。“Human society can continue to develop，The most important factor in productivity is that ‘people’ can continue to innovate in the practical relationship with the subject and object of their objects，Thus determining changes in production relations，To achieve social change and bet with bet365。”China’s economy can only produce high-end products and services，Mainly pursue excess residual value，In order to improve your position in the global value chain。Marxist view，The relationship between production and consumption is dialectical and unified。Consumption is the process of realizing value，Directly affects reproduction, especially expanding the reproduction process。China’s huge market size provides huge impetus for technological and management innovation，Innovation-driven is the fundamental guarantee for high-quality bet with bet365。

"bet with bet365" changes the primary and secondary relationship between international and domestic circulation，Anchor the domestic market，Change the way and content of participating in the international economic cycle。Get rid of the high dependence on the markets and high technologies of developed countries，Driving supply-side reform through innovation，Leverage independent innovation through the domestic ultra-large-scale market，Consolidate the foundation of the domestic economic cycle。Develop an open economy under these conditions，Changing the contents of the dual cycle of domestic market and international market，Reverse imported high-end products、Disadvantages of the international division of labor in exporting mid- to low-end products，Providing high-quality products to the world market。By building a bet with bet365 of dual circulation，Opening up a new path for innovation-domestic demand-based economic development，Promote high-quality development of China’s economy。

　　The basic path to solve the bet with bet365 contradictions in society

Socialism with Chinese characteristics enters a new era，“The contradiction between the people’s growing needs for a better life and unbalanced and inadequate development” poses a new era issue for the Chinese economy。Take the road of high-quality development，Meeting the high needs of the people with more balanced and adequate development is the mission of the times for contemporary China’s economic development。The "bet with bet365" provides the basic path to achieve such a mission of the times。

Solving the main contradictions in society in the new era，High-quality supply is the main aspect。The fundamental purpose of production is to improve people’s living standards，Meet the people’s needs for a better life。The international and domestic economic situation has undergone tremendous changes，Profound changes in factor endowment conditions，The problem of unbalanced and inadequate development is prominent。Achieving adequate and balanced development requires economic realization of both quantity and quality、The organic unity of speed and structure，Essentially requires the updating and upgrading of economic development methods。The "bet with bet365" reverses the past and focused on external circulation，Both ends are out，Basic model of investment-driven economic development，With domestic circulation as the main body，Focus on the exploration of endogenous power，Realizing supply-side reform driven by innovation，Not only promotes the updating and upgrading of existing technologies and industries，Also promote new technologies、New Industry、New business formats are booming，Occupying the middle and high end of the international division of labor system，More abundant on the supply side、Multiple levels、High-quality products meet people’s multi-level needs。

The resolution of conflicts also depends on how the two parties interact。Production determines consumption，The degree of realization of consumption reacts on reproduction，The most important two ends of the bet with bet365 cycle。Taking supply-side reform as the main line，Innovation-driven upgrade of technical structure，Matching the consumption structure is the basic way to solve the main contradiction in society in the new era。On the supply side，China has the most complete industrial system in the world，Covering all industrial categories，China’s labor force ranks among the top in the world，Among them, there are 200 million skilled talents，The total number of R&D personnel ranks first in the world。On the consumer side，The total social consumption retail sales in 2020 will be close to 40 trillion yuan，Final consumer spending exceeds 55 trillion yuan，Consumption potential will continue to be released in the future。Different regions、Different groups、Different levels of needs produce a high degree of diversity in needs，Provides huge market space for different production levels。Close various obstacles between supply and demand in one step，Based on domestic circulation entities，Revitalize the domestic ultra-large-scale market，Meet and tap domestic demand to leverage bet with bet365 innovation，Ultimately, demand leads to supply、A higher level of dynamic balance where supply creates demand。

　　An important exploration on the road to bet with bet365

The ultimate goal of the essence of socialism is to achieve common prosperity，“Common prosperity is the fundamental principle of socialism with Chinese characteristics”。Always stand for the people，People-centered economic development，is the fundamental stance and theoretical foundation of contemporary Chinese Marxist political economics。The "bet with bet365" is an important innovation in the economic development model and development pattern on the premise of adhering to the basic economic system and distribution system of socialism with Chinese characteristics，It will have a profound impact on achieving the goal of common prosperity。

General Secretary Xi Jinping has repeatedly emphasized the need to “continue to make the cake bigger，Keep dividing the cake”。The "bet with bet365" directly affects both，An important exploration towards common prosperity in the new era。“bet with bet365” connects production、Exchange、All aspects of distribution and consumption，Getting through the barriers that exist between each other，Reversing the primary and secondary relationship between domestic and international cycles，Upgrading economic development methods，Conducive to faster productivity improvement，Improve production relations，Promote the formation of a dynamic balance relationship between efficiency and fairness。

Continuously improving productivity is the fundamental prerequisite for common prosperity。Building a “bet with bet365” is intended to improve China’s economic structure，Drive high-quality development through innovation。The demographic dividend is becoming increasingly thin in China，The rate of capital is declining，Replace investment drive with innovation drive，Reversing the unfavorable situation of earning meager profits at the expense of lower labor wages，Form a shared distribution method to obtain international excess surplus value and technology spillover。Change the mode of capital suppressing labor，Increase the proportion of labor in primary distribution，Having wealth among the working people is of great significance to realizing common prosperity。Only through technology、Continuous innovation of management and system，Form strong independent innovation capabilities，High technical barriers to entry into China’s economy、Industry fields with imperfect competition and increasing returns to scale，Achieving a strong country and a prosperous people，Significantly improve the overall domestic welfare level。

Build a “new dual-circulation bet with bet365 pattern”，Reversing the primary and secondary relationship between domestic and international cycles，Targeting domestic demand，Need to reform and innovate a series of systems。Urban and rural household registration system、Trade intervention measures、RMB exchange rate system、Financial system and other reforms，Will change labor subsidy capital、Non-trade sector subsidizes trade sector、The situation of wealth transfer and consumption transfer caused by domestic demand subsidizing external demand，Thus directly changing the domestic wealth distribution pattern。

(This article is a phased result bet with bet365 Hunan Provincial Social Science Fund (19YBQ088))

(Author’s unit: School bet with bet365, Jishou University)