Abstract:This paper measures the level of domestic and international double cycle in China based on the correlation between global industrial network nodes, and identifies the industries facing high risks in the evolution process of “Dual Circulation” pattern based on the construction of quantitative indicators by complex network method. The study found that: (1) The marginal effect of “external circulation” which driving China’s economic development is weakening, while “domestic cycle mainly” has become the common feature of global powers, including China, and this feature has a tendency to strengthen; (2) China’s industries with a relatively high level of E-I index highly coincides with the field of “urgent to conquer core technologies”, and these industries face a high risk of “bottleneck”; (3) The “disparity” index shows that the concentration of China’s resource industries and high value-added manufacturing industries is relatively high, and these industries urgently need to build “alternative source industry backup system”; (4) The “EB” index shows that in the global industrial network system formed by the flow of intermediate products, more than one-third of the key link “independent reliability” in the “industrial path” of China’s manufacturing industry need to be improved urgently. Based on the findings, policy suggestions: accelerate the construction of a unified domestic market, improve the ability and quality of original innovation and independent innovation, create a safe and reliable regional industrial chain system through the complementary advantages of cities in the region, mutual borrowing of scale, industrial symbiosis and innovation synergy, in order to accelerate the high-quality development of the “Belt and Road” and open up a more diversified market for the global layout of the industrial chain.