Promote high-level opening-up with institutional openness

2023-01-11

Recently, the 38th meeting of the Standing Committee of the 13th National People's Congress passed a decision on the revision of the Foreign Trade Law. The newly revised Foreign Trade Law has deleted the provisions on the registration of foreign trade operators. According to the decision, from December 30, 2022, the local competent commercial departments will stop the registration of foreign trade operators. For market entities applying for import and export licenses, technology import and export contract registration certificates, quotas, state-owned trade qualifications and other relevant certificates and qualifications, the relevant departments will no longer require them to provide foreign trade operator filing and registration materials. This is an important measure to expand institutional openness and build a new system of an open economy at a higher level, which is conducive to promoting high-quality development of foreign trade and high-level opening up. The development history of China's foreign trade management is also a history of gradual opening to the outside world. In 1994, China's Foreign Trade Law was promulgated and implemented. Article 9 of it clearly stipulates that foreign trade operations engaged in the import and export of goods and technology must be approved by the competent foreign economic and trade department of the State Council. At that time, in addition to state-owned foreign trade enterprises, it was mainly large and medium-sized state-owned production enterprises that could obtain the license for foreign trade operation. Since 1999, some large-scale private production enterprises can apply for foreign trade operation rights, but there are still certain thresholds in terms of registered capital, sales revenue, export supply, etc. In the next few years, this threshold gradually decreased. In 2004, the amended Foreign Trade Law changed the original licensing requirements to "Foreign trade operators engaged in the import and export of goods or technology shall register with the competent foreign trade department of the State Council or the agency entrusted by it". The change from the licensing system to the filing and registration system is an important step in the liberalization of foreign trade management rights. With the development of market economy, the registration system of foreign trade operators has not constituted a substantive barrier to engage in foreign trade business, but it is still a procedural burden for enterprises. The deletion of the provisions on the filing and registration of foreign trade operators means that China has made further significant progress in simplifying administration and delegating powers in the field of foreign trade. From approval to filing, and now to cancel the filing, it is an important step for China to promote the reform of "release, management and service", and also the embodiment of institutional openness. The cancellation of the registration of foreign trade operators is also a beneficial attempt that has been tested by practice. Since December 1, 2019, the Standing Committee of the National People's Congress has authorized the State Council to temporarily adjust the application of relevant laws in the pilot free trade zone. The registration of foreign trade operators can be cancelled in the pilot free trade zone. The relevant adjustment will be implemented within three years. Since the implementation of the reform pilot, the relevant procedures for foreign trade operators have been simplified, and the convenience has been significantly improved, which has been widely recognized by market entities. Practice has proved that the reform measure of canceling the registration of foreign trade operators is feasible. The three-year pilot free trade zone experiment has accumulated experience and created conditions for the eventual cancellation of the registration system of foreign trade operators nationwide. This time, the Standing Committee of the National People's Congress has amended the Foreign Trade Law and deleted the provisions on the registration of foreign trade operators. Cancelling the registration of foreign trade operators is not only beneficial

Edit:wangwenting    Responsible editor:xiaomai

Source:china.cn

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