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In biological brains, recurrent connections play a crucial role in cortical computation, modulation of network dynamics, and communication. However, in recurrent spiking neural networks (SNNs), recurrence is mostly constructed by random connections. How excitatory and inhibitory recurrent connections affect network responses and what kinds of connectivity benefit learning performance is still obscure. In this work, we propose a novel recurrent structure called the Laterally-Inhibited Self-Recurrent Unit (LISR), which consists of one excitatory neuron with a self-recurrent connection wired together with an inhibitory neuron through excitatory and inhibitory synapses. The self-recurrent connection of the excitatory neuron mitigates the information loss caused by the firing-and-resetting mechanism and maintains the long-term neuronal memory. The lateral inhibition from the inhibitory neuron to the corresponding excitatory neuron, on the one hand, adjusts the firing activity of the latter. On the other hand, it plays as a forget gate to clear the memory of the excitatory neuron. Based on speech and image datasets commonly used in neuromorphic computing, RSNNs based on the proposed LISR improve performance significantly by up to 9.26% over feedforward SNNs trained by a state-of-the-art backpropagation method with similar computational costs.