(Source: National Development and Reform Commission,2020-6-24）
6month24Day,2020The annual negative list for foreign investment access nationwide and in the pilot free w88 zones was announced as scheduled. National list entries from2019year40The items have been reduced to33items, the free w88 pilot zone list items start from37The items have been reduced to30Articles. China's openness to foreign w88 casino games login has been further improved.
1. Compressing the negative list for foreign w88 casino games login access is an important means to expand opening up
After the 18th National Congress of the Communist Party of China, the central government decided to promote a new round of high-level opening up to the outside world, announcing that it would conduct foreign w88 casino games login negotiations in the form of pre-establishment national treatment plus a negative list and promote my country's opening up to foreign w88 casino games login.2013year9In March, the Shanghai Pilot Free w88 Zone was launched and put into operation, and a negative list for foreign investment access in the Pilot Free w88 Zone was proposed.2017year6The "Foreign w88 casino games login Industry Guidance Catalog" was released monthly (20177816_7881
Having a negative list management model does not necessarily mean that a high level of openness has been achieved. However, the negative list is indeed an important starting point for promoting high-level opening up, and the continuous compression and optimization of the negative list is an effective way to expand openness to foreign w88 casino games login. Regarding the items that are still on the negative list, all sectors of society have discussed extensively, and regulatory authorities have continued to explore and study“Delegating control services”The best way to make the process of expanding opening up active, steady and orderly. Organization for Economic Co-operation and Development (OECD) evaluated the degree of foreign w88 casino games login restrictions in the world's major economies. Although the assessment method and policy information collection are not perfect, the w88 casino games login restriction index compiled by them can generally reflect the changes in the degree of foreign w88 casino games login restrictions in the world's major economies.OECD’s data shows that China is in20138823_8893
II. Compressing the negative list for foreign w88 casino games login access is conducive to the expansion and stabilization of foreign w88 casino games login under the current situation
Since the outbreak of the new crown epidemic, many countries in the world have rolled back their investment liberalization. Under such circumstances, should we also close the door to foreign investment? The United Nations Conference on w88 and Development predicts that due to the impact of the new coronavirus epidemic,2020The scale of global cross-border direct w88 casino games login will decline year-on-year40%. For China, under the current situation, whether to close the door smaller like some countries or open the door wider, this is a decision that needs to be made with an accurate grasp of the current domestic and international situations. It is precisely because of this,2020The introduction of this year’s negative list for foreign w88 casino games login access has a different meaning from previous years.
In the new negative list, because all shareholding restrictions on foreign w88 casino games login in the financial industry have been removed in accordance with the established opening schedule, entries no longer appear. This makes2020is known as the first year of comprehensive opening up of China’s financial industry. In fact, it is not only liberalization in terms of shareholding ratio restrictions, as2019National Development Year23As required in Document No., our country is doing“Completely cancel restrictions on the business scope of foreign-funded banks, securities companies, fund management companies and other financial institutions in China”and other restrictions, thereby allowing foreign-invested financial institutions to achieve“Access to the camp”。2020year5month711264_11322QFII) and RMB qualified foreign institutional investors (RQFII) Limitation on w88 casino games login amount. Various parts of China are focusing on scientific epidemic prevention and resumption of work and production, and economic activities are steadily recovering. This has created w88 casino games login opportunities for investors from all over the world who have confidence in China's economy.
The compression of the negative list and the cancellation or relaxation of shareholding ratio restrictions have promoted the inflow of foreign capital. in this year4month1On the day when restrictions on foreign shareholding ratios in securities companies and fund management companies were lifted nationwide, Neuberger Berman (Neuberger Berman) and BlackRock (BlackRock) Two well-known asset management companies submitted applications to the Chinese regulatory authorities to establish wholly foreign-owned public fund companies in China. It can be said that the cancellation or relaxation of each negative list item means a more open field, which will bring corresponding inflows of foreign w88 casino games login.2018The lifting of the restriction on the share ratio of new energy vehicles and special-purpose vehicles directly ushered in Tesla’s settlement in Shanghai, and its first phase project is in2019It started construction in the same year, was completed in the same year, put into production in the same year, and went public in the same year, setting an industry record; the second phase of the project to expand the scale of w88 casino games login is currently accelerating construction. It is foreseeable that the restriction on the share ratio of commercial vehicles will be lifted this year and at the latest2022The abolition of restrictions on passenger vehicle shareholding ratio in 2020 will also bring about further w88 casino games login in China by major automobile industry giants.
The cancellation or relaxation of shareholding ratio restrictions also has practical significance for the stable amount of existing foreign capital. On the one hand, after existing foreign-invested enterprises have easier access to new business-related open fields, they are better able to optimize their organizational structures and industrial chains, making them more willing to stay in China to expand business in the long term. On the other hand, some companies that have protocol control problems due to historical reasons have been able to clearly and legally enter the fields they originally entered through workarounds as the negative list continues to be compressed. This allows them to put aside their historical baggage, operate with peace of mind, and further expand w88 casino games login.
3. Compressing the negative list for foreign w88 casino games login access is conducive to forming a new development pattern in which domestic and international dual cycles promote each other
In recent years, the anti-globalization trend has been on the rise. Under the epidemic,“Foreign capital withdraws from China”On,“De-Sinicization”The discussion is even more heated. Looking at it objectively,2008Since 14356_14379|, the globalization process has indeed been in a period of consolidation,2020is expected to be the fifth consecutive year of decline in global cross-border direct investment. Facing the complex and ever-changing international situation, how should we promote a new round of high-level opening up to the outside world, continue to promote global w88 and investment liberalization, and build an open world economy? this year5month14The Standing Committee meeting of the Political Bureau of the CPC Central Committee held on 14736_14755| pointed out:“We must deepen supply-side structural reform, give full play to my country's ultra-large market advantages and domestic demand potential, and build a new development pattern in which domestic and international dual cycles promote each other”. This statement actually points out my country's strategic thinking on deepening reform and expanding opening up under the current situation.
The source of China’s basic advantage in carrying out foreign economic and w88 activities is changing from cheap labor to ultra-large market advantages and domestic demand potential. This is an important feature of China's economic transformation in recent years. This also determines the ongoing changes in the structure of foreign investment in our country: although the inflow of some labor-cost-saving foreign investment may slow down, more market-seeking and high-end manufacturing foreign investment are continuing to enter, and the foreign investment structure is constantly being adjusted and transformed.
In the context of the current epidemic, one of the important reasons why we are confident in utilizing foreign w88 casino games login in the future is that we have a unified, large and growing domestic market, as well as a complete industrial system, good infrastructure, sufficient human resources and a stable social environment. China has moved further up the global value chain to the mid-to-high end, and China's central position in the global value chain and regional value chains has been further consolidated. This is what we can do. Investors with a truly global strategic vision will definitely not give up w88 casino games login opportunities in China. Projects with large w88 casino games login scale and high technological content such as the Huizhou ExxonMobil project, Zhanjiang BASF project, and Xi'an Samsung project are being implemented one after another.
To truly unleash the advantages of the ultra-large market and the potential of domestic demand, we need to deepen supply-side structural reforms to make China's domestic market truly a unified, fair and efficient market. In recent times, the Central Committee of the Communist Party of China and the State Council have successively issued a series of opinions to guide the current deepening of supply-side structural reforms, such as the "Opinions on Building a More Complete Market-based Allocation System and Mechanism of Factors", "Guiding Opinions on Promoting the Development of the Western Region to Form a New Pattern in the New Era", and "Opinions on Accelerating the Improvement of the Socialist Market Economic System in the New Era". In accordance with the spirit of these guiding opinions, combined with the current reality of my country's epidemic prevention and control and resumption of work and production, it is entirely possible to promote my country's domestic economy into a virtuous cycle as soon as possible, making my country more attractive to foreign w88 casino games login in the future.
As my country’s economy becomes increasingly large, import and export are related toGDP16882_16893GDP的比例、外商投资企业进出口占所有进出口的比重、实际使用外资金额占全社会固定资产投资的比重，这些指标客观上来讲都是会下降的，这并不意味着外贸和外资对中国经济社会发展的重要性下降了。在国内大循环主体地位日益突出的趋势下，对于外资来讲，其最重要的贡献就是体现在它是国内国际双循环相互连接的纽带和相互促进的动力。强调国内大循环的重要性绝不是否定对外开放的必要性，而是要使得对外开放从“Both ends are outside, big in and big out”has developed from the initial stage to a new stage that relies on the domestic market and aims to meet the needs of the domestic people. It should be said that the smoother the domestic cycle operates, the better the benefits domestic and foreign-invested enterprises investing in China can achieve in the ultra-large-scale market, and the stronger the external competitiveness of these enterprises will be. This will further improve our ability to attract foreign w88 casino games login, thus making the two domestic and international cycles more closely connected.
Enterprises established by foreign capital in China in accordance with Chinese laws are Chinese enterprises. In principle, they should enjoy national treatment, be subject to the same supervision as domestically funded enterprises, and enjoy the dividends of the ultra-large market. The reform of domestic regulations is equally important as the elimination of shareholding restrictions. When more and more foreign capital enters China due to the attraction of the huge domestic market, the construction of a fair competitive environment becomes even more important. In this sense, the deepening process of supply-side structural reform and the improvement of the business environment are also the deepening process of opening up to the outside world.
It is foreseeable that in the next few years, the negative list for foreign investment access will be further compressed. When there are fewer and fewer items in the negative list for foreign investment access, the cancellation or relaxation of each remaining item will bring great challenges to regulatory authorities. The pressure of opening up will not only improve the international competitiveness of our companies, but will also push our regulatory authorities to deepen the reform of systems and mechanisms, improve our country's national governance and government service capabilities in all aspects, and achieve liberalization, good management, and adequate services. This will continue to improve the quality of our business environment based on the current level, continuously enhance the attractiveness and cohesion of our ultra-large markets, and cultivate a large number of Chinese companies that can be competitive in both domestic and foreign markets. It should be said that shortening the negative list for foreign investment access and opening the door wider is becoming an important way to promote the formation of a new development pattern of domestic and international dual cycles that promote each other. (Professor, w88 casino of International Business and Economics, w88 casino Cui Fan)
Original link:https://mp.weixin.qq.com/s/SvFadqOjpEn-ubFg0ODoLA
