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Yicai Global: (Tu Xinquan) A more international business environment requires a more market-oriented domestic environment

Published: July 12, 2024 Editor: Liu Xuan

(Source: China Business News 2024-07-09)


Exclusive interview with Tu Xinquan, Dean of the China WTO Research Institute at the University of International Business and Economics  

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Not only does my country’s trade growth rate with ASEAN, its largest trading partner, continue to be higher than that of the whole

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How to judge the contribution of exports to economic growth this year

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So this provides a good w88 online casinow88 casino gamesfoundation for our export growth in the first half of this year

Many international organizations and financial institutions have made predictions about the global economy

At least so far we have not seen any factors that interrupt this improvement trend

The proportion of developing countries has increased

The growth of import and export of my country and the countries and regions co-building the “Belt and Road” is also very impressive

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Tu Xinquan: In my country’s overall foreign trade structureIntermediate goodsSo in fact, the complementary trade relationship between us and developed countries is undergoing great changes

China Business News: “Three New Things” are a highlight of trade in the past two years

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Or the emerging strategic industries that almost all major industrialized countries want to develop

In fact, we have similar cooperation with these leading industries in developed countries during our development process

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China Business News: What I just mentioned are changes in the external market

Some industries may be a little worried about the so-called "overcapacity" problem

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Why are Chinese companies accelerating their “going overseas”?

Yicai Global: We see that companies going global are moving from product exports to industrial chain shifts

Because the purpose of economic development is not to increase labor costs

Or it can even be said to be a contribution we should make to international economic development

w88 live casinow88 casino games loginHow does China contribute its wisdom to the formulation of international trade rules?

Yicai Global: China is increasingly participating in the formulation of international rules

We have joined a global trading systemMultilateral trading systemWe are also actively applying to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)Digital Economy Partnership AgreementResolve some possible trade disputes through consultation

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How to understand the relationship between openness and security?

China Business News: Policies on stabilizing foreign investment and foreign trade

One issue we may have to deal with ourselves is the issue of open and secure relationships

The flow of factors inevitably requires a more market-oriented domestic environmentHow to create a more reasonable distribution relationship between the government and the marketSome pain points in the business environment


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