The Strategy of the Mutual Promotion of Domestic and International Circulation of China: Analysis of Swot and Countermeasures and Suggestions

President Xi Jinping introduced the strategy of the mutual promotion of domestic and international circulation of China(Dual Circulation) On May 14, 2020. This paper integrates method of qualitative analysis with quantitative analysis to analyze the Strengths, Weaknesses, Opportunities and Threats(SWOT) of the "dual circulation" strategy in China. At the same time, Ordinary Least Square (OLS) function is used for regression analysis. The research shows that it is necessary to improve the development of high-tech industry and increase the number of patent applications for high-tech industry. The Chinese government and enterprises must stimulate consumption and improve people's consumption level. Finally, According to the SWOT of the "dual circulation" strategy, some countermeasures and suggestions are put forwared.