In recent years, China's exports have continued to decline, which is worrying. However, China has begun to focus on the longer-term future, actively promoting the strategy of doubling exports in order to achieve a high level of opening up. Since the beginning of this year, the release of the Outline of the Long-Range Objectives Through the Year 2035 has presented the ambitious goal of China's integration into the ranks of moderately developed countries. According to the projection of the target outline, China's GDP will exceed 40 trillion US dollars in 2035, and exports will at least double to 7$2 trillion. To achieve this goal, China is accelerating the deployment of the implementation of the doubling of exports3Grand Strategy, that is, to promote the joint construction of the "Belt and Road", promote high-level institutional opening-up, expand high-level financial opening-up and promote the internationalization of the RMB. This article will focus on these 3Grand StrategyDiscuss the future path of China's high-level opening up.
China actively promotes the Belt and Road Initiative, aiming to build a community with a shared future for mankind. So far, more than 150 countries have joinedThe Belt and Road Initiativeco-construction plan. The data shows thatThe Belt and Road InitiativeCountries along the Belt and Road have become China's fastest-growing markets and markets with the fastest growth in foreign investment. In the first three quarters of this year, China has been on joint construction".The Belt and Road Initiative"National Import and Export 1432 trillion yuan, accounting for 46 percent of the total import and export value5%。At the same time, the non-co-construction of the countryFinanceclassDirect investmentIt also showed a strong growth momentum. To achieve the goal of doubling exports, China also needs to make major innovations in its investment to effectively pull itEconomyGrowth and External**.
In the process of promoting the Belt and Road Initiative, China is trying to replicate the successful experience since the reform and opening up, and use investment to pull itEconomymode to pull the exit. through co-construction".The Belt and Road InitiativeChina can further expand the market, achieve diversification, and promoteEconomysynergistic development. At the same time, China will also strengthen investment facilitation, improve the efficiency of resource allocation, and promote the construction of joint construction of countries through the construction of interconnection between countriesEconomyDevelop. In general, co-construction".The Belt and Road Initiative"There is a huge opportunity and potential for China to double its exports.
In addition to promoting the Belt and Road Initiative, China will also promote high-level institutional opening-up to achieve a higher level of opening-up. In the past few decades, China has mainly opened up through the flow of goods and factors. However, with the improvement of China's status, it is urgent to focus on institutional opening-up.
Institutional opening-up involves the opening of rules, regulations, management and standards, and is a way to achieve a higher level of openness on the basis of the flow of commodities and factors. In order to achieve a high level of institutional opening-up, China needs to extend its domestic high-standard rules in the international rule system, and transform domestic institutionalized regulations into internationally accepted rules and standards. By breaking international and domesticEconomyThe "barriers" of the system, to achieve the coordination and integration of the two, China can build an overall framework system for high-level opening up to the outside world in the future.
Specifically, China can strengthen intellectual property protection, optimize the business environment, and improveDigital economyand other aspects to promote high-level institutional opening-up. By aligning with international rules and standards, China is able to attract more foreign investment and promote investment liberalization. In addition, China can also strengthen economic and trade cooperation with other countries, and jointly study and formulate higher levels of opening rules and standards to promote the worldEconomyrecovery and development.
FinanceAsThe real economyThe bloodline, open to the outside worldThe real economyThe development is closely related. November'sFinanceThe working meeting clearly put forward the "focus on promotingFinancehigh-level opening-up". China will take a series of measures to expandFinanceThe degree of openness of the sector will enhance the facilitation of cross-border investment and financing and attract more foreign investmentFinanceInstitutions and agenciesLong-term capitalCome to China to develop a business. At the same time, China will also focus on building and strengthening Shanghai and Hong KongInternational financial center, pushRMBInternationalization.
In recent years,RMBInternationalization has made great progress. Currently, it is used in nearly half of China's cross-border transactionsRMBSettlement, offshoreRMBMarket deposits are close to 15 trillion yuan. with 30 pcsThe Belt and Road Initiative"The co-construction countries have signed bilateral currency swap agreements, which have been established in 17 co-construction countriesRMBLiquidation Arrangements. These achievements have laid a solid foundation for China's high-level opening up.
PropulsionFinanceHigh level of openness andRMBThe strategic initiative of internationalization will provide China with more to offerFinanceSupport and facilitation to provide a strong guarantee for achieving the goal of doubling exports. FinanceHigh-level opening-up can attract more foreign investment into the Chinese marketIndustrial upgradingand export growth. At the same time,RMBInternationalization will promote the facilitation of investment and investment, improve the efficiency of international transactions, and provide more opportunities for Chinese enterprises to expand overseas markets.
China is focusing on doubling its exports3Grand Strategy, that is, to promote the joint construction of the "Belt and Road", promote high-level institutional opening-up, expand high-level financial opening-up and promote the internationalization of the RMB. These strategies aim to provide support and guarantee for China to achieve a high level of opening-up, so as to achieve the goal of becoming a moderately developed country by 2035. co-construction".The Belt and Road Initiative"Able to expand the Chinese market, improve the diversification of ** and investment;High-level institutional opening-up can further promote China's alignment with international rules and standards and achieve a higher level of opening-upFinanceHigh level of openness andRMBInternationalization can be for ChinaEconomyGrowth and external offering**FinanceSupport and convenience. China is constantly striving towards the goal of high-level opening up to the outside world, and the future of ChinaEconomyA more magnificent picture will be revealed.