September 16, 2020 Wednesday

We will study and implement the principles of the Third Plenary Session of the 20th CPC Central Committee | We will improve the systems and mechanisms for high-level opening up

Information source: Communist Party Network Release time: 2024-08-29

  The "Decision of the Central Committee of the Communist Party of China on Further Comprehensively Deepening Reform and Promoting Chinese-style Modernization" adopted by the Third Plenary Session of the 20th CPC Central Committee highlighted "improving the system and mechanism of high-level opening up to the outside world" and made a series of arrangements。这是在以中国式现代化全面推进强国建设、民族复兴伟业的关键时期,以习近平同志为核心的党中央统筹国内国际两个大局作出的重大战略部署,为当前和今后一个时期推进高水平对外开放提供了根本遵循和行动指南。

  First, fully understand the significance of improving the system and mechanism of high-level opening up

  Since the 18th National Congress of the CPC, we have pursued a more proactive strategy of opening up and made historic achievements and changes in opening up。Solid steps have been taken to build China into a strong trading country,到2023年,Trade in goods has been the largest in the world for seven consecutive years,Trade in services is among the largest in the world,Digital trade is growing rapidly;The status of a major two-way investor is increasingly consolidated,The structure of utilizing foreign capital has been continuously improved,Steady development of overseas investment cooperation;Multilateral, bilateral and regional economic and trade cooperation has yielded fruitful results。Practice has fully proved that opening up brings progress, closure inevitably leaves one behind, and opening up is a key move for our country's development。On the new journey, improving the system and mechanism of high-level opening up is of great epoch-making value and far-reaching historical significance。

  1. The inherent requirements for promoting Chinese-style modernization。习近平总书记指出:“开放是中国式现代化的鲜明标识”,“只有开放的中国,才会成为现代化的中国”。To achieve the largest and most difficult modernization in human history, we need to leverage the advantages of a very large market to attract global resources and enhance the linkage effect of both domestic and international markets and resources。Improving institutions and mechanisms for high-level opening up and raising the quality and level of trade and investment cooperation will help lay a stronger economic foundation for China-style modernization, create a more favorable international environment, provide more solid strategic support, and expand the space for development of China-style modernization。

  2. Strong driving force for high-quality development。习近平总书记指出:“以开放促改革、促发展,是我国发展不断取得新成就的重要法宝。Since the reform and opening up, our economic development has been achieved under open conditions, and high-quality development in the future must also be carried out under more open conditions。To fully, accurately and comprehensively implement the new development concept, accelerate the construction of a new development pattern, and strive to promote high-quality development requires that we fully improve the level of opening up。Improving the institutions and mechanisms for high-level opening up and advancing deep-level reform and high-level opening up in a coordinated manner will help accelerate the development of new quality productive forces and promote effective qualitative improvement and reasonable quantitative growth of the economy。

  Since the 18th CPC National Congress, China has firmly pursued a win-win strategy of opening-up, become a major trading partner of more than 140 countries and regions, and contributed about 30 percent to world economic growth。From November 5 to 10, 2023, the sixth China International Import Expo with the theme of "New Era, Shared Future" will be held in Shanghai, with an exhibition area of about 36.70,000 square meters, a total of 289 world Top 500 and industry leading enterprises participated in the exhibition, exceeding the previous level, reflecting the huge attraction of the Chinese market。The picture shows the audience visiting the China Pavilion of the National Comprehensive Exhibition。

  3. Responsibility as a major country in promoting economic globalization。习近平总书记指出:“经济全球化是不可逆转的历史大势”。In recent years, economic globalization has encountered countercurrents, and a few countries have engaged in "decoupling and breaking the chain", "small courtyard and high wall", and promoted the three-shore separation of "back to shore, near shore and friendly shore"。Relevant studies show that the "world Openness Index" is on a downward trend。This requires us to stay on the right side of history and firmly oppose anti-globalization, pan-security, unilateralism and protectionism。Improving institutions and mechanisms for high-level opening up and promoting trade and investment liberalization and facilitation will help deepen international cooperation in the industrial chain and supply chain, jointly foster new drivers of global development, build an open world economy, and promote economic globalization that benefits all。

  4. Important measures to build a community with a shared future for mankind。习近平总书记指出:“构建人类命运共同体是世界各国人民前途所在。Mankind is increasingly becoming a community with a shared future, and deep-seated problems in global development are prominent。This requires us to share a common future and encourage all countries to work together to meet challenges and achieve common prosperity。Improving institutions and mechanisms for high-level opening up, high-quality Belt and Road cooperation, and promoting the implementation of the global development initiative, global security initiative and global civilization initiative will help make the international economic order more just and equitable, and make greater contribution to the building of a community with a shared future for mankind。

  Second, accurately grasp the basic connotation of high-level opening up

  The more China develops, the more open it will become。China will only open its door wider to the outside world。We must fully grasp the spirit of the Third Plenary Session of the 20th CPC Central Committee, unswervingly advance opening-up at a high level, and carry out opening-up in a wider scope, in a wider area and at a deeper level。

  1. High-level opening-up is an institutional opening-up that matches international high standards。Institutional opening up is an important symbol of high-level opening up。Since the 18th National Congress of the Communist Party of China (CPC), we have continued to deepen opening-up based on the flow of factors of production and steadily expanded institutional opening-up by adopting high-standard international economic and trade rules。At present, there is still room for improvement in institutional opening-up。To advance opening-up at a high level, we need to take the opportunity of joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and the Digital Economy Partnership to promote a higher level of alignment of international rules such as rules, regulations, management and standards in key areas, and create new advantages for an open economy at a higher level。

  2. A high-level opening up is a more active independent and unilateral opening up。Independent opening-up and unilateral opening-up to the least developed countries are both important forms of China's initiative to open its market to the world。Since the 18th CPC National Congress, the construction of the pilot Free Trade Zone and the Hainan Free Trade Port has been an important practice of independent opening up, and has effectively played the role of a comprehensive test platform for reform and opening up.We have further expanded the range of products to which we grant zero-tariff treatment to the least developed countries。To advance opening-up at a high level, we need to be more proactive in opening up, further relax market access, give full play to the role of open platforms as pioneers and pilots, increase support for the least developed countries, and promote common global opening-up with our own opening-up, so as to achieve positive interactions。

  (3) High-level opening to the outside world is to seize the opportunities of digital green opening up。Digital greening is a new and important engine for world economic development。Since the 18th National Congress of the Communist Party of China, the development of China's digital economy and green economy has accelerated, and the import and export value of services that can be digitally delivered in 2023 (measuring digital delivery trade including digital product trade, digital service trade, digital technology trade and data trade) has exceeded 2.7 trillion yuan, cross-border e-commerce imports and exports reached 2.4 trillion yuan of trade and investment cooperation in the field of new energy has made great contributions to global green transformation。To advance high-level opening up, we need to go digital green, accelerate the transformation of development mode, deepen international cooperation on digital economy and green development, actively participate in and lead the formulation of international rules, and strengthen new drivers and advantages of development。

  4. Opening-up at a high level is opening-up that meets the people's needs for a better life。Improving people's well-being is the fundamental purpose of opening up。Since the 18th National Congress of the Communist Party of China, opening up has strongly promoted stable growth, stable employment, and improved people's livelihood. Foreign trade and foreign investment have directly and indirectly created more than 200 million jobs, and a large number of high-quality imports have promoted industrial upgrading and consumption upgrading。At present, people's yearning for a better life has generally shifted from "whether or not" to "whether or not".。To advance opening-up at a high level, we need to ensure and improve people's livelihood in opening-up, consolidate the basic market for foreign trade and foreign investment, turn the dividends of opening-up into a driving force for development, promote coordinated development among regions, and deliver more benefits of opening-up to the people。

  5. Opening up to the outside world at a high level is about win-win cooperation。History has repeatedly proved that openness, inclusiveness and win-win cooperation are the right path for the world。Since the 18th CPC National Congress, China has firmly pursued a win-win strategy of opening-up, become a major trading partner of more than 140 countries and regions, and contributed about 30 percent to world economic growth。The CIIE will continue to perform better and provide new opportunities for the world with China's new development。International cooperation and openness and sharing are needed more than ever before to solve development challenges。To promote high-level opening up, we need to strengthen the bond of interests with other countries, deeply participate in the global division of labor and cooperation, maintain a diversified and stable international economic structure and economic and trade relations, and promote common development。

  6. A high-level opening to the outside world is one that promotes balanced development and security。The more open we are, the more we must pay attention to security and balance development and security。Since the 18th CPC National Congress, we have firmly implemented the overall national security concept, woven a tight and open safety net, and effectively prevented and defused various risks。At present, opening-up and cooperation face a complex and grim international situation, and uncertainties and unpredictable factors are on the rise。To promote high-level opening up, we need to adhere to the positive interaction between high-quality development and high-quality security, strive to improve the capacity and level of opening up regulation, enhance comprehensive strength through greater opening up, and dynamically safeguard national economic security。

  Third, the main tasks of improving the institutions and mechanisms for high-level opening up

  我们要以习近平新时代中国特色社会主义思想为指导,We will study and implement the principles of the Third Plenary Session of the 20th CPC Central Committee,We will strengthen the Party's overall leadership over opening-up at a high level,Adhere to the basic state policy of opening up,We will continue to promote reform through opening-up,Relying on the advantages of China's ultra-large scale market,Enhance openness in expanding international cooperation,We will build a new system of an open economy at a higher level。

  1. Steadily expand institutional opening。Not only to the international first-class level, but also actively participate in the formulation of international rules。We will take the initiative to align high-standard international economic and trade rules and ensure that rules, regulations, management and standards are compatible in property rights protection, industrial subsidies, environmental standards, labor protection, government procurement, e-commerce and the financial sector, and create a transparent, stable and predictable institutional environment。We will further open up independently, open up our commodity, service, capital and labor markets in an orderly manner, and open up more unilaterally to the least developed countries。

  We will uphold the multilateral trading system with the WTO at its core, fully and deeply participate in the reform of the WTO, promote the resumption of the normal operation of the dispute settlement mechanism, and strive to conclude the first set of multilateral digital trade rules。We will actively participate in the reform of the global economic governance system and provide more global public goods。We will expand the network of high-standard free trade areas facing the world, raise the level of openness of China's free trade agreements, and actively incorporate digital, green, and standard rules。We will establish a compliance mechanism that aligns with international rules, strengthen trade policy compliance, and improve the environment for open cooperation。

  2. Deepening reform of the foreign trade system。We will accelerate efforts to build a strong trading country, further enhance the status of the international division of labor, and move towards the middle and high end of the global value chain。We will build a system of institutional support and policy support for a strong trading country, and strengthen coordination between trade policies and fiscal, tax, financial, and industrial policies。We will promote regulatory innovation in customs clearance, taxation, and foreign exchange, create an institutional environment conducive to the development of new forms and models of business, and accelerate the reform of integrated domestic and foreign trade。We will improve the trade risk prevention and control mechanism, improve the export control system and the trade remedy system, formulate supporting regulations and rules for the Export Control Law, promote the formation of a mechanism for dealing with trade frictions in coordination with multiple actors, and build a strong national security barrier in the trade field。

  We will improve and upgrade trade in goods。We will actively expand new growth areas such as trade in intermediate goods and green trade, and promote international cooperation on standards and conformity assessment of foreign trade products。We will build a commodity trading center and a global distribution and distribution center, support various entities in orderly layout of overseas distribution facilities, and support eligible regions in building international logistics hubs and commodity resource allocation hubs。Improve service trade through innovation。We will fully implement the negative list for cross-border trade in services, promote comprehensive pilot and demonstration programs to further open up the service sector, and encourage professional service institutions to enhance their international service capabilities。Develop new offshore trading businesses where conditions permit。We will establish and improve a cross-border financial service system and enrich the supply of financial products and services。Innovate and develop digital trade。We will develop trade in digital products, digital services, digital technologies and data, and accelerate the digital empowerment of the entire trade chain。We will promote the development of comprehensive pilot zones for cross-border e-commerce。We will hold exhibitions such as the Import Expo, Canton Fair, Service Trade Fair and digital Trade Fair。

  3. Deepening reform of the management system for foreign investment and outbound investment。We will build an "invest in China" brand, intensify efforts to attract and utilize foreign investment, and adhere to the combination of high-quality import and high-level global development。We will continue to widen market access for foreign investment。We will expand the list of industries in which foreign investment is encouraged, appropriately reduce the negative list for foreign investment, implement a full lifting of restrictions on foreign investment in the manufacturing sector, and promote orderly opening up of telecommunications, the Internet, education, culture, and medical care。We will deepen the reform of the system and mechanism for promoting foreign investment, guarantee the national treatment of foreign-funded enterprises in the acquisition of factors of production, qualification licensing, standard-setting, and government procurement, and support participation in the upstream and downstream supporting cooperation of the industrial chain。We will improve the system and mechanism for promoting and guaranteeing outbound investment, improve the management and service system for outbound investment, and promote international cooperation in the industrial chain and supply chain。

  We will create a market-oriented, law-based and internationalized business environment。We will further improve the round table conference system for foreign-funded enterprises, coordinate timely solutions to difficulties faced by foreign-funded enterprises, and protect the rights and interests of foreign investors in accordance with the law。We will improve the living convenience system for foreigners entering China, including residence, medical treatment and payment。

  The Third Plenary Session of the 20th CPC Central Committee proposed to implement the strategy of upgrading pilot free trade zones and encourage initial and integrated exploration。China (Hunan) Pilot Free Trade Zone, relying on inland ports to carry out parallel import pilot vehicles, accelerated the innovation and development of automobile circulation system。The picture shows the designated port storage yard for vehicle import at Chenglingji Port in the test area。

  4. We will improve the layout of regional opening-up。We will foster and give full play to regional comparative advantages and better leverage the role of opening up in promoting regional economic development。We will accelerate the formation of a pattern of all-round opening up in which both land and sea are interconnected and the East and West benefit each other in both directions。We will consolidate the leading position of the eastern coastal region in opening up and raise the level of opening up in the central, western and northeastern regions。We will give full play to the advantages of opening elements such as coastal, border, river, and transportation arteries, optimize the division of regional opening functions, and create open highlands with diverse forms。We will implement the strategy of upgrading pilot free trade zones。We will give greater autonomy to reform, encourage pioneering and integrated exploration, promote innovative development of the whole industrial chain, and actively copy and promote institutional innovation。We will accelerate the construction of the Hainan Free Trade Port and further promote trade and investment liberalization and facilitation。

  We will improve the mechanism for Hong Kong and Macao to play a better role in the country's opening up。We will leverage the advantages of the "one country, two systems" system, consolidate and elevate Hong Kong's position as an international financial, shipping and trading center, support Hong Kong and Macao in building a hub for high-end international talents, and maintain a world-class business environment for Hong Kong and Macao。To deepen cooperation in the Guangdong-Hong Kong-Macao Greater Bay Area, and strengthen the convergence of rules and mechanisms。We will improve the systems and policies for promoting cross-strait economic and cultural exchanges and cooperation, and deepen integrated development across the Straits。

  5. Improving and advancing the high-quality Belt and Road cooperation mechanism。We will deepen economic and trade cooperation and promote high-quality Belt and Road cooperation。We will establish more international cooperation mechanisms for unimpeded trade, investment cooperation, trade in services, and e-commerce, and promote the negotiation and signing of free trade agreements and investment protection agreements with more countries。We will continue to implement the Belt and Road Action Plan on Science, technology and Innovation, and strengthen multilateral cooperation platforms in green development, digital economy, artificial intelligence, energy, taxation, finance and disaster reduction。

  We should carry out practical cooperation, improve the integration of land, sea and sky networks, build a multi-dimensional connectivity network under the Belt and Road Initiative, and coordinate major landmark projects and "small but beautiful" livelihood projects。We will build high-quality economic and trade cooperation zones and other overseas cooperation parks。Construction of "Silk Road e-commerce" cooperation pilot zone。We will deepen cooperation in green infrastructure, green energy and green transportation。


  Source: Seeking truth


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