Integration of entry and exit promotes high-level opening-up to the outside world

2023-12-28

The latest data from the Ministry of Commerce shows that from January to November this year, there were 48078 newly established foreign-invested enterprises in China, a year-on-year increase of 36.2%; The actual amount of foreign investment used was 104.033 billion yuan, a year-on-year decrease of 10.0%. This reflects that against the backdrop of weak global trade exports, China's foreign trade is under certain pressure. At the same time, in the first 10 months of this year, China's total import and export value of goods was 34.32 trillion yuan, with a year-on-year growth rate of 0.03% instead of a slight decrease of 0.2% in the first three quarters. China's foreign trade has shown stability and resilience. As one of the "three carriages" driving economic growth, foreign trade plays an important role in stabilizing the economy, stabilizing expectations, and promoting development. Based on this, we need to further expand high-level opening-up to the outside world, actively build the "Invest in China" brand, and consolidate the stable and positive trend of foreign trade. Stabilize the fundamentals and cultivate new momentum, promoting high-level export oriented opening-up to the outside world. In recent years, the global economic landscape has undergone profound changes, affecting the basic situation of foreign trade and investment. China needs to strengthen the construction of international trade partnerships, actively participate in the international multilateral trade system, and strengthen bilateral relations with major trade partners; Promote innovation and diversification of trade methods, optimize traditional cross-border trade supply chain management and trade processes; Strengthen the management of foreign trade risks, establish more comprehensive foreign trade risk warning and response mechanisms, and work together. We should prioritize cultivating new drivers of foreign trade as the primary task of high-level opening-up for export-oriented trade, accelerate the development of strategic emerging industries such as new energy vehicles, high-end manufacturing, and biotechnology, actively utilize digital technology to optimize trade processes, vigorously promote the development of digital trade to reduce transaction costs, continuously strengthen green trade and low-carbon development, and actively promote the improvement of the export growth rate of new energy vehicles, lithium batteries, and photovoltaic products in foreign trade. Promoting reform through competition and consolidating high-level market access oriented opening-up to the outside world. We should deepen the self reform of the service industry and ensure high-level market access oriented opening-up to the outside world. Taking the telecommunications and healthcare sectors as examples, the government can provide more market opportunities for related enterprises by lowering the entry threshold for foreign investment and relaxing market access restrictions. Strengthen industry supervision and standard formulation, through measures such as establishing clear industry standards, strengthening market supervision, ensuring fair competition, and protecting consumer rights, to ensure the improvement and effective implementation of the industry regulatory system, and to ensure a positive "catfish effect" between the industry and the market after opening up. Participate in the construction of international high standard digital economic and trade rules, and lead international rule-based high-level opening-up to the outside world. Faced with the spread of trade protectionism, China has firmly chosen to continue expanding its opening up. In September and November 2021, China officially applied to join the Comprehensive and Progressive Trans Pacific Partnership Agreement and the Digital Economy Partnership Agreement, and actively promoted relevant processes, leading the international rule-based high-level opening up. In the current era of rampant trade protectionism, the community with a shared future, the correct concept of justice and benefit, and the international development concept of openness, inclusiveness, mutual benefit and sharing coincide with various concerns such as maximizing government benefits and enterprise profits in the digital economy era. Deepen the reform of free trade zones (free trade ports) and create a high-level integrated system for opening up to the outside world. After 4 experiences

Edit:Luo yu    Responsible editor:Wang xiao jing

Source:ECONOMIC DAILY

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