The w88 casino registration system reflects China’s determination to open up (Finance Question)

Cui Fan

10month89826_9914

In fact, the Standing Committee of the 12th National People’s Congress9month3The existing administrative approval provisions related to w88 casino and Taiwanese investment management laws have been modified. According to the latest regulations, in the future, any foreign-invested enterprise that does not involve2015If there are special management measures for access such as prohibited categories, restricted categories, and encouraged categories in the 2015 edition of the "w88 casino Industry Guidance Catalog" such as equity and executive requirements, enterprise establishment and changes will be changed from approval to filing, and filing is not a prerequisite for industrial and commercial, foreign exchange registration and other procedures.

For a long time, China's foreign-funded and domestic-funded enterprises have had two different management systems. On the one hand, domestic and foreign capital face different tax treatments, there is a special approval system for the establishment and change of foreign-invested enterprises, and foreign capital access faces many restrictions; on the other hand, the establishment and improvement of the socialist market economic system objectively requires that all market entities be treated equally, and the establishment of a business environment with fair competition is an inevitable trend.

It is worth noting that the implementation of the foreign investment registration system is not an isolated incident. For example, the successive pilot projects of China's free w88 pilot zones in recent years are also substantive explorations of the reform of the foreign investment management system, with a view to forming experience that can be replicated and promoted. Now, based on the existing free w88 zone reform experience, the Chinese legislative body has decided to amend the relevant foreign investment management laws and promote the negative list management model to the whole country. The areas within the negative list will be subject to corresponding special management measures. The areas outside the negative list will be managed in accordance with the same principles for domestic and foreign investment. The establishment and changes of foreign-invested enterprises will be subject to a filing system and will not require special approval.

It can be said that this reform of the w88 casino registration system adopts the approach of “establishing the backbone first and then adding branches and leaves”. When the conditions for the promulgation of the w88 casino Law were not yet mature and the integration of the three w88 casino laws into one had not yet been completed, the w88 casino registration system was implemented first. This reform has captured key issues and made key breakthroughs in a timely manner, which is worthy of praise. But at the same time, we must also realize that reform still has a long way to go.

Judging from the future development trend, the integration of the three w88 casino laws into one is still the direction of future reform. Relevant regulations will be gradually cleared up, and the national security review system also needs to be improved. This reform will reduce the number of approvals for the establishment and change of foreign-invested enterprises95%Above. As China further opens up and w88 casino negotiations continue to make new progress in the future, the number of approval matters involving restrictions on special management measures is expected to continue to decrease.

It needs to be noted that this reform of the w88 casino registration system is the continuation of2008This is an important milestone in the reform of the foreign investment system after the integration of the domestic and foreign tax systems. It can also be said to be the most important opening up measure after China has fulfilled its opening obligations after joining the WTO. Against the backdrop of the current global economic downturn and the rise of w88 protectionism and anti-globalization trends, China's further opening up has undoubtedly added a bright spot to the process of global w88 and investment liberalization. It has also used facts to refute the outside world's doubts about China's determination to reform and open up. It is undoubtedly the right time.

From a more macro perspective, the reform of the registration system for foreign-invested enterprises is not only an important measure to reform the w88 casino system, but also an inevitable requirement for improving the fair competition system of the socialist market economy. At the same time, it may also play a role in promoting changes in the administrative management system and promoting the transformation of government functions.

In the context of rising w88 protectionism, expanding opening up against the trend not only reflects China’s confidence in its own industrial competitiveness and healthy and sustainable economic development, but also demonstrates to the world China’s determination to expand opening up and the courage to deepen reform.

It is foreseeable that this reform will play a positive role in stabilizing the current economic situation and promoting the healthy development of the national economy, and will have a profound impact on the recovery of the world economy.

(The author is a professor at the w88 casino)

Attachment: Original linkhttp://paper.people.com.cn/rmrbhwb/html/2016-10/10/content_1717296.htm