On April 27,2023,US National Security Advisor Jake Sullivan delivered a speech at the Brookings Institution titled“Reinvigorating US Economic Leadership,”1 giving a comprehensive account of the Biden administration’s international economic agenda and presenting for the first time the“new Washington consensus”which lay down the ideological foundations for future economic strategic planning in the United States.The fact that a senior official in charge of national security announced US international economic policy sends an unusual signal.Moreover,US Secretary of Commerce Gina Raimondo,Secretary of the Treasury Janet L.Yellen,and President Biden have delivered several vital speeches on American economic strategy.Some basic ideas demonstrated in these speeches represent the major consensus the US strategic elite have formed based on the shifts in the US domestic interest groups’structure and social ideology.They outline the primary direction of the future economic strategy of the United States and show that it is undergoing the most significant transformation of economic thoughts and strategic posturing since the 1970s.This transformation will profoundly affect the evolution of the future international economic order and significantly impact China’s economic development and security.
