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China Central Radio and Television International Online: (Tu Xinquan) Let the free w88 pilot zone become the "fusion agent" between China's and other countries' economic systems

Published: May 18, 2020 Editor: liyuqing

(Source: China Central Radio and Television International Online 2020-05-17)   

On the occasion of the third anniversary of the establishment of Shaanxi Pilot Free w88 Zone,Tu Xinquan, Dean of the China WTO Research Institute at the w88 casinoAccepted an exclusive interview with International Online and analyzed how the China Free w88 Pilot Zone should play a positive role in stabilizing foreign w88 under the severe situation of "anti-globalization" and "anti-free w88" countercurrents and the new coronavirus epidemic sweeping the world. Tu Xinquan said: "The free w88 pilot zone is a very important 'test field' for China's reform and opening up. Under the current situation, we must further play the role of the 'test field' and use a bolder and more active attitude to promote the various experimental work of the free w88 pilot zone in reform and opening up, so as to better integrate the economic systems of China and other countries."

   (The manuscript is the content of the third anniversary cooperation of the Shaanxi Free w88 Zone. It was interviewed by teacher Wei Yichao. It involves the content of the Shaanxi Pilot Free w88 Zone and mentions Xi’an. It provides suggestions for the development of the Shaanxi Pilot Free w88 Zone from the perspective of the overall Free w88 Pilot Zone. The "Interview with International Online" in the article was modified by teacher Wei Yichao) [A] Tu Xinquan, Dean of the China WTO Research Institute at the w88 casino: Let the free w88 pilot zone become the "fusion agent" between China's and other countries' economic systems

  Tu Xinquan, Dean of the China WTO Research Institute at the w88 casino

  “Others” want to “close the door” to China, China cannot “close the door”

   The spread of the COVID-19 epidemic is reshaping the global economic and political order. The impact of the epidemic has spread to the global industrial chain, and the distrust of various countries has increased. Behind the danger signals such as "de-Sinicization" and "decoupling" is that China's foreign w88 exports are moving forward under pressure.

  “In fact, some rhetoric such as ‘de-China’ has been around for some time, and this epidemic has indeed exposed or exacerbated the problems that have existed in international w88 and globalization in the past few years. Some countries may want to 'decouple' from China or 'close the door' to China. For China, what we can do is to further open up to the outside world, respond to "decoupling" with "coupling", and respond to "anti-globalization" with "participation in globalization". "Tu Xinquan has a clear attitude towards how China should respond to the current global economic situation.

 Since the emergence of economic globalization in the mid-1980s, countries around the world have based themselves on globalization and benefited from it, and the industrial chain of each country cannot be separated from the global industrial chain. Under the current situation, even if China has the most complete industrial chain system in the world, it cannot be alone.

 Tu Xinquan said that based on China’s economic structure and resource endowment, the benefits that globalization has brought to China are considerable. At the same time, some global shocks will also cause a certain rebound on China.

  “The current epidemic has caused some difficulties. For example, in terms of foreign w88, due to economic blockades or epidemic prevention and control measures in some countries, the demand for Chinese products has dropped significantly. In addition, our imports also rely on foreign raw materials and intermediate products. Therefore, it has affected my country's w88 and economic development from both directions. "Others" want to "close the door" to us, and we cannot "close the door" to us. China must continue to maintain its momentum of promoting globalization. ” Tu Xinquan analyzed.

  Bilateral and regional cooperation is the trend, and the free w88 pilot zone can implement the commitments first

  Although the global economy is currently struggling to move forward and the "anti-globalization" trend is undercurrent, economic globalization and w88 liberalization are still the major trends in world economic development. In recent years, the world's major economic sectors have initiated the establishment of multiple bilateral or multilateral FTAs ​​(free w88 agreements), such as the Asia-Pacific Economic Cooperation Organization, the Regional Comprehensive Economic Partnership, etc.

 At the same time, China is also constantly promoting the diversification of trading countries and regions and the diversification of foreign w88 channels. So what role can the pilot free w88 zone play in China's process of expanding opening up to the outside world and building an open world economy?

Tu Xinquan believes that judging from this epidemic, all countries are trying to shorten the supply chain and gather the supply chain in a certain region, thereby improving the economic security of their country. Therefore, bilateral and regional w88 agreements may be a future direction. Under this circumstance, domestic pilot free w88 zones have a higher value under the framework of international free w88 agreements.

   “For example, during the phased implementation of a bilateral free w88 agreement, it can be tested first in the domestic free w88 pilot zone, and then promoted nationwide as promised. This can not only play the role of the free w88 pilot zone, but also consolidate and strengthen the relationship between the free w88 pilot zone and the partner countries in the free w88 agreement.” Tu Xinquan introduced. Therefore, to a certain extent, the pilot free w88 zone is not only limited to domestic economic and w88 economic system reform, but can also play a greater role in participating in international w88 collaboration.

  The reform of the free w88 pilot zone cannot be general in line with industry and foreign economic and w88 relations

   The current global epidemic prevention and control situation has made the already sluggish global economic situation full of variables. Although China is steadily advancing the resumption of work and production, it still needs to be prepared to fight a tough battle due to the impact of the global supply chain.

In Tu Xinquan’s view, it is very important for China to continue to open up to the outside world during the epidemic and to maintain smooth import and export. The free w88 pilot zone can play a greater role. "The free w88 pilot zone is a very important 'test field' for China's reform and opening up. The focus of the test is institutional innovation. It is not a lowland for various preferential policies, but a highland for reform and opening up. Only by further leveraging the role of the 'test field' and taking a bolder and more active attitude to promote the 'test' in the reform and opening up of the free w88 pilot zone can we better integrate the economic systems of China and other countries." Tu Xinquan said.

  At present, China has established 18 free w88 pilot zones, from south to north, from the coast to the inland, forming a crisscross "free w88 network". The free w88 pilot zones distributed in various provinces and cities have different missions, which also determines that they must be "exclusive" for different countries.

Tu Xinquan believes that in order to implement the pilot free w88 zone, an industrial foundation is still needed. The industrial base is inevitably linked to the local conditions and is closely related to the geographical location, industrial system and factor endowments of each place. And this is the “characteristic gene” of each pilot free w88 zone. For example, Hainan aims to face Southeast Asia, while the Shaanxi Pilot Free w88 Zone aims to face Central Asia and Europe.

   “The Shanghai Pilot Free w88 Zone has almost completed its initial reforms and system exploration. Therefore, other pilot free w88 zones, including the Shaanxi Pilot Free w88 Zone, must seek better policy support based on the industrial foundation of their own provinces and cities and the basis of foreign economic and w88 relations.” Tu Xinquan said bluntly.

Specifically speaking, the Shaanxi Pilot Free w88 Zone should strive to promote institutional reforms related to industrial development on the basis of a relatively clear industrial development orientation, rather than general institutional reforms; in addition, the Shaanxi Pilot Free w88 Zone should carry out distinctive cooperation with countries and regions along the "Belt and Road" to make the development of economic and w88 relations between its own industry and specific countries and regions smoother.

  The Shaanxi Pilot Free w88 Zone should play a technical bridge role and also provide relief to private enterprises

  In the “One Belt, One Road” initiative, Shaanxi has become an important window for China to open to the west, and it is also closely connected with the eastern and central regions. The unique regional location makes the Shaanxi Pilot Free w88 Zone naturally have the development goal of promoting the construction of the “Belt and Road” and the in-depth implementation of the Western Development Strategy.

   In recent years, the Shaanxi Free w88 Zone has continuously empowered the development of Shaanxi's "three economies" through the opening of China-Europe freight trains and fifth traffic rights. Now, as the country proposes to speed up the process of "new infrastructure construction", Shaanxi has also smelled the surging new momentum of China's economy.

    “A very important advantage of our cooperation with countries along the ‘Belt and Road’ is that we have mastered many practical technologies for industrialization, which can be gradually promoted along the ‘Belt and Road’. Shaanxi has a strong scientific, educational and technical foundation. In In this regard, Shaanxi can play the role of a technological bridge. Through the gradient transfer of technology, it can help the industrialization and manufacturing development of countries along the ‘Belt and Road’ and also cultivate the extension of our own industrial chain. I think the Shaanxi Free w88 Pilot Zone can focus on this aspect,” Tu Xinquan suggested.

  In three years, the Shaanxi Pilot Free w88 Zone has achieved considerable development. As of the end of 2019, there were 57,853 new market entities in the Shaanxi Pilot Free w88 Zone. In addition to foreign-funded enterprises, a large part of them are private enterprises.

  Tu Xinquan said that in recent years, the Chinese government has paid special attention to the improvement of the business environment, and the free w88 agreements signed have also paid more and more attention to some domestic system adjustments. In general, private enterprises are smaller in scale and have fewer channels to obtain policy information, so there may be imbalances in the policy implementation process. Allowing market entities, especially private enterprises, to develop well is what government departments at all levels need to do urgently in the face of macroeconomic changes and external pressures.

    “The core of the business environment is fair competition. Creating a better environment at the institutional level is a great support for private enterprises. Especially under the epidemic, private enterprises have weak ability to resist risks and need some emergency and temporary policy support, including financial support, tax incentives, etc.” Tu Xinquan said.


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