Abstract: The long-term high dependence on foreign wood supply does not meet the requirement of the new dual-circulation pattern with domestic cycle being dominated. The key to reducing China's wood dependence on foreign trade is to increase domestic wood supply, thereby transforming international wood supply as the mainstay to domestic timber supply as the mainstay. The results show that China can be independent of imported wood log and sawn timber in wood supply quantity based on the increasing possibility of China's wood production. If the growth and decline of forest resources are balanced, China's wood supply dependence of foreign import can be greatly reduced. There is still great potential to increase the bamboo substitution of wood. So China already has the conditions to supply wood mainly depending on domestic forest resources. Wood production utilization is not inconsistent with forest resource protection, and the advanced experience of typical provinces should be learned to improve domestic wood supply capacity. Some effective measures should be taken to promote the development of the bamboo industry, and processing technology needs innovation to make up for the shortcomings in the quality of domestic wood supply.