Xinhua commentary: taking reform and opening up as a driving force for economic development -- the fifth of a series of comments on implementing the spirit of the meeting of the Political Bureau of the CPC Central Committee and doing a good job in economi

2022-08-05

The meeting pointed out that reform and opening up should be used as a driving force for economic development. "We will continue to implement the three-year action plan for the reform of state-owned enterprises", "promote the healthy and sustainable development of the platform economy", "actively promote exports, expand imports, do a good job in the introduction of technology and foreign capital, and promote the high-quality development of the" the Belt and Road "... Focusing on further deepening reform and opening up, the meeting made important arrangements. The more severe and complex the situation is, the more we need to drive reform and opening up. We should fully implement the spirit of the meeting of the Political Bureau of the CPC Central Committee, help consolidate the momentum of economic recovery through deepening reform and opening up, and inject continuous vitality into promoting high-quality economic development. In June, the third Qingdao summit of leaders of multinational corporations was held as scheduled, and 99 key foreign-funded projects were signed; In July, the second China International Consumer Goods Expo ended in Hainan, with more than 2800 well-known brands from more than 60 countries and regions participating; In September and November, China will also usher in the 2022 service trade fair and the Fifth China International Fair... A series of international exhibitions held in China will release a clear signal to the outside world that China will continue to expand its opening up. Many responsible persons of multinational companies participating in the exhibition said that China, which is constantly opening up, has become a fertile land for foreign investors. "The more difficulties and challenges we face, the more we need to unswervingly promote reform and opening up, especially those that have an important impact on stability." Wang Yiming, vice president of the China Center for international economic exchanges, said that it is necessary to accelerate the implementation of important reforms, further enhance the confidence of market participants and stimulate market vitality. Unswervingly and comprehensively deepening reform and opening up has added impetus to China's economic stability under the pandemic. In the second quarter, the economy withstood the pressure to achieve positive growth. In June, the growth rate of foreign trade further picked up. In the first half of the year, the foreign investment absorption maintained a double-digit growth... A series of economic indicators stabilized and improved, which confirmed the vitality of China's economic recovery. Since the beginning of this year, a series of measures to deepen reform and opening up have been introduced continuously: -- comprehensively deepening reform and deepening reform. Accelerate the construction of a national unified market and promote the smooth flow of commodity factor resources in a wider scope; Accelerate the construction of a modern infrastructure system; Focus on strengthening the construction of digital government, and promote the reform of the financial system below the provincial level; We will promote the sustained recovery of consumption and strive to break down institutional and institutional barriers in the field of consumption. The regional comprehensive economic partnership agreement (RCEP) came into force; The cross-border e-commerce comprehensive pilot zone was further expanded to 132 cities and regions across the country; The new version of the negative list of foreign investment access in the country and pilot free trade zone has been implemented, and the construction of Hainan free trade port has been steadily promoted... Wang Jun, director of the China chief economist forum, said that in the face of economic fluctuations, macro-control policies can help smooth the short-term fluctuations of the economy, while reform and opening-up give consideration to the immediate and long-term, and provide deep-seated impetus for economic growth by focusing on solving structural and institutional problems. Although the International Monetary Fund recently lowered the world economic growth forecasts for 2022 and 2023, the world economic forum president Borg

Edit:Wei Li Bin    Responsible editor:Yin Bing

Source:XinhuaNet

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