(Source: "Study Times"2024-07-24）

The "Decision of the Central Committee of the Communist Party of China on Further Comprehensively Deepening Reform and Promoting Chinese-style Modernization" reviewed and approved by the Third Plenary Session of the 20th Central Committee of the Communist Party of China pointed out: "Opening up is a distinctive symbol of Chinese-style modernization. We must adhere to the basic national policy of opening up to the outside world and adhere to the principle of opening up. Promote reform, rely on our country's ultra-large market advantages, improve our openness capabilities in expanding international cooperation, and build a new higher-level open economic system. "Since the 18th National Congress of the Communist Party of China, my country has made comprehensive progress in the construction of a new open economic system, which has effectively promoted high-quality economic development. Facing the severe and complex international environment and the arduous and arduous tasks of domestic reform, development and stability, the era we live in is undergoing profound changes. Promoting the process of Chinese-style modernization requires a new higher-level open economic system as an important guarantee. The plenary session determined that the key tasks in the field of opening up to the outside world are to steadily expand institutional opening up, deepen the reform of the foreign w88 system, deepen the reform of foreign investment and foreign investment management systems, optimize the layout of regional opening up, and improve and promote high-quality joint construction of the "Belt and Road" mechanism. These key tasks provide clear action guidelines for further improving high-level opening-up systems and mechanisms and promoting Chinese-style modernization.

In-depth understanding of the background of the times of expanding opening up

The Third Plenary Session of the 20th Central Committee of the Party made a profound summary of the current background of the times, namely the complex international and domestic situation, a new round of scientific and technological revolution and industrial transformation, and the new expectations of the people. In the process of promoting Chinese-style modernization, China, the giant ship, does not have the comfort and ease of "a light boat has passed thousands of mountains". We must correctly understand the current background of the times, and all measures to further comprehensively deepen reforms must meet the requirements of the times.

The era we live in is still an era of promoting world peace and development. The theme of the era has not changed. The historical trend of peace, development, cooperation, and win-win is unstoppable. It is an era full of hope. However, the current era is also an era full of challenges. Geopolitical conflicts are intensifying, w88 wars and technological wars are challenging global governance rules. Scientific and technological progress is accelerating changes in production and life patterns, increasing the uncertainty faced by development. Human society has entered an era of historical turmoil as Marx said, "One day equals twenty years." Facing the world's greatest changes unseen in a century, we need to grasp the general trend of the times amid uncertainty. The great rejuvenation of the Chinese nation has entered an irreversible historical process, but on the new journey we will encounter various difficulties and problems, as well as rapids and treacherous rivers. It is necessary to deepen reform and further expand opening up to the outside world to solve the problem and achieve the second centenary goal. Ten years ago, we started proposing the construction of a new open economic system. The domestic and international situations faced by us have changed dramatically from the domestic and international situations we are facing today when we propose the construction of a new higher-level open economic system. Amidst changes and changes, we must have a deep understanding of the key directions of opening up.

Institutional openness is the focus of building a new higher-level open economic system

Both the 20th National Congress of the Communist Party of China and the Third Plenary Session of the 20th Central Committee of the Communist Party of China emphasized the need to steadily expand institutional opening up such as rules, regulations, management, and standards. Institutional opening has become the focus of building a new higher-level open economic system, involving three core issues: what to open, to whom, and how to open. Rule docking, regulatory coordination, management improvement, and standard setting are currently important starting points for accelerating institutional opening.

First of all, what is open? This issue revolves around three pairs of relationships, namely, the relationship between industry opening and regional opening, the relationship between opening up to residents and opening up to non-residents, and the relationship between border opening and post-border opening up. As my country's manufacturing sector is fully opened to foreign investment, the focus in the future will shift to the opening of the service industry. The opening of the service industry is more about domestic regulations and policies, and the focus will inevitably shift from "border" measures to "inside the border" measures. There is no doubt that there is still a certain gap between my country's service w88 and international high-standard economic and w88 rules. Expanding the opening of the service industry will help enhance the comprehensive competitiveness of service w88 and create new advantages for China's participation in international cooperation and competition.

Secondly, to whom is it open? At present, China has gradually formed an "all-round opening pattern" that attaches equal importance to "opening to the east" and "opening to the west". At the same time, through industrial transfer and economic radiation, the eastern coastal areas have driven the development of the central and western regions, achieved coordinated regional economic development, narrowed inter-regional gaps, and achieved more balanced social development. To the east, we will continue to deepen economic and w88 cooperation with East Asia, Southeast Asia and the Pacific. To the west, we will strengthen economic ties with Central Asia, Europe and African countries and promote regional economic integration through the joint construction of the "Belt and Road" initiative. At present, the proportion of developing countries in my country's exports continues to increase, which is a good signal, but it is also necessary to stabilize the fundamentals of developed countries, because in some aspects, the market demand of developed countries cannot be replaced by developing countries. Among several circles of developed countries, the markets surrounding Japan and South Korea and the European market are top priorities. We need to stabilize the “base” and accelerate negotiations on the China-Japan-South Korea Free w88 Area on the basis of the Regional Comprehensive Economic Partnership Agreement taking effect.

Finally, how to open up? This issue involves nine aspects: First, take the initiative to benchmark against high-standard international economic and w88 rules, and apply to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Digital Economy Partnership Agreement (DEPA), is an important measure to proactively connect with international high-standard economic and w88 rules. The second is to proactively build a free w88 zone network. We have cooperated with29Signed by countries and regions22free w88 agreement, it will be increasingly difficult to sign more free w88 agreements in the future. Historical experience shows that the principle of “giving more and taking less” must be made clear in top-level design. For the least developed countries, we can give more and take less and open up unilaterally on a larger scale. Don’t worry about the impact of large concessions on Chinese industries. Third, for areas where China is at the forefront of the world, it is urgent to launch a "China solution." For example, in the field of cross-border e-commerce, China's cross-border e-commerce customs supervision model and the so-called "New Four Little Dragons" business ecology can be promoted to trading partner countries through multilateral, regional and bilateral negotiations, further releasing the potential of China's cross-border e-commerce development and the driving force for the development of world cross-border e-commerce. The fourth is to seize the right to speak of international rules in new business areas in a timely manner for "new areas" where unified international rules have not yet been formed around the world. Currently, there are "American-style templates" and "European-style templates" in the field of global digital w88 rules. Based on China's world-leading practices, we are actively formulating a "Chinese-style template" for global digital w88 rules that conforms to China's interests and development concepts. The fifth is to firmly safeguard multilateralism and activate important rules in the multilateral trading system, such as advocating and improving green product subsidy rules, restoring and expanding the WTO's "non-actionable subsidies" clause, etc. Sixth, in terms of regulatory coordination, we should speed up the coordination between domestic regulations and international regulations. Each country has its own system design, and it is necessary to respect the institutional differences between countries. On this basis, seek the "greatest common denominator" of each country in the field of domestic regulation, reduce the compliance costs of business operations through regulatory integration, while maintaining the bottom line of safety and safeguarding national interests. Seventh, in terms of management improvement, we should learn from advanced international practices and based on domestic actual conditions, further optimize the system and improve management in terms of starting a business, applying for construction permits, obtaining credit, electricity, paying taxes, w88, executing contracts, and canceling enterprises, so as to cultivate a business-friendly ecology. Eighth, in terms of standard formulation, on the one hand, we continue to promote the "introduction" of advanced international standards and enhance the ability of enterprises to integrate into the global production division; on the other hand, we continue to accelerate the "going out" of domestic standards, study and formulate new standards in cross-border e-commerce, railway transportation and other fields, and comprehensively promote the "going out" of Chinese standards. The ninth is to give pilot free w88 zones and free w88 ports more autonomy in opening up, give pilot free w88 (port) zones more legislative power, and expand the scope of trials in a timely manner. On the basis of the established free w88 pilot zones, further expand the regional area and the scale of provincial free w88 collaborative innovation zones to fully unleash the advantages of "economy of scale".

Cultivation of new advantages in international cooperation and competition

The Third Plenary Session of the 20th Central Committee of the Communist Party of China proposed to enhance openness capabilities while expanding international cooperation and build a new higher-level open economic system. This is an important direction proposed to adapt to the development and changes of the times. At present, the way my country participates in the international division of production and market competition has changed to a more extensive introduction of technology, capital, data and other elements. Facing global industrial restructuring and in-depth economic and w88 adjustments, the space for international cooperation is squeezed by the United States and the West. It needs to more proactively pursue a mutually beneficial and win-win opening strategy, coordinate efforts internally and externally, promote positive domestic and international dual-cycle interactions, and actively participate in global governance.

First, achieve high-level scientific and technological self-reliance, promote industrial transformation and upgrading, promote industries with comparative advantages in my country to move up to high value-added links in the global value chain, strive to overcome difficulties and obstacles, continue to promote international exchanges and cooperation in education and science and technology, actively integrate into the global innovation system, make good use of global innovation resources, and participate in leading the reform and construction of the global governance system.

The second is to continue to deepen the reform of foreign investment and outbound investment management systems, take effective measures to respond to the United States and the West's attempts to "decouple and break chains", continue to optimize the business environment, improve the resilience and safety level of my country's industrial and supply chains, and provide more stable and reliable support and guarantee for further promoting healthy competition and healthy development of domestic and international enterprises.

The third is to continue to promote the high-quality development of the "Belt and Road" initiative, deepen the "five links" measures, and expand cooperation space in new areas. We will continue to promote policy communication and industrial docking with countries co-building the “One Belt, One Road” initiative, and build an industrial chain system with us as the mainstay. We will build new international land and sea w88 channels, accelerate the construction of multi-level and complex infrastructure networks, and expand the layout of Eurasian economic and w88 cooperation. Strengthen people-to-people exchanges and cultural exchanges, and promote the convenience of mutual visits between Chinese and foreign personnel in work, education, and tourism. In addition, promoting the construction of BRICS cooperation mechanisms, strengthening SCO and China-Africa cooperation, and expanding international cooperation channels are of great significance to building a new higher-level open economic system and promoting the construction of a community with a shared future for mankind.

(The author is the president of the w88 casino and a special researcher at the Beijing Research Center for Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era)

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