Text |Duan Hongmei is Dean and Researcher of the Graduate School of the Academy of International Economic Cooperation of the Ministry of Commerce.
According to the latest data from the Ministry of Commerce, from January to November this year, 48,078 foreign-invested enterprises were newly established in the country, a year-on-year increase of 362%；The amount of foreign capital actually used is 10403300 million yuan, a year-on-year decrease of 100%。This reflects that China's foreign trade is under certain pressure under the background of weakening global exports. At the same time, in the first 10 months of this year, the total import and export value of China's goods was 3432 trillion yuan, the year-on-year growth rate decreased slightly by 0 from the first three quarters2% turned into an increase of 003%, China's foreign trade showed stability and resilience. As one of the "troikas" driving economic growth, foreign trade plays an important role in stabilizing the economy, stabilizing expectations and promoting development. Based on this, it is necessary to further expand high-level opening up, actively build the "Invest in China" brand, and consolidate the steady and positive trend of foreign trade.
Stabilize the fundamentals, cultivate new momentum, and boost the high-level opening up of exports. In recent years, the global economic pattern has undergone profound changes, which has affected the fundamentals of foreign trade and foreign investment. China needs to strengthen the building of international partnerships, actively participate in the international multilateral system, and strengthen bilateral relations with major partnersPromote the innovation and diversification of the most advanced methods, and optimize the management and process of the traditional cross-border chainStrengthen the management of foreign trade risks, establish a more perfect foreign trade risk early warning and response mechanism, and make concerted efforts. It is necessary to take the cultivation of new momentum of foreign trade as the primary task of high-level opening up of exports, accelerate the development of foreign trade in strategic emerging industries such as new energy vehicles, high-end manufacturing, and biotechnology, and actively use digital technology to optimize the process, vigorously promote digital development to reduce transaction costs, continuously strengthen green and low-carbon development, and actively promote the export growth rate of new energy vehicles, lithium batteries, and photovoltaic products.
Promote reform through competition, and gather high-level opening-up for market access. It is necessary to deepen the reform of the service industry and ensure the high-level opening up of the market access sector. Taking the telecommunications and medical sectors as examples, more market opportunities can be provided for relevant enterprises by lowering the entry threshold for foreign investment and relaxing market access restrictions. Strengthen industry supervision and standard formulation, through the formulation of clear industry standards, strengthen market supervision, ensure fair competition and consumer rights protection and other measures, to ensure the improvement and effective implementation of the industry supervision system, to ensure that after the opening of the industry and the market within the benign "catfish effect".
Participate in the construction of international high-standard digital economic and trade rules, and lead the international rule-based high-level opening up. In the face of the spread of protectionism, China firmly chose to continue to expand opening-up, formally applied to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Digital Economy Partnership Agreement in September and November 2021, and actively promoted the relevant process to lead the international rule-based high-level opening-up. At a time when protectionism is prevalent, the community of destiny, the correct concept of justice and interests, and the international development concept of openness, inclusiveness, mutual benefit and sharing coincide with the concerns of maximizing benefits and maximizing corporate benefits in the era of digital economy.
Deepen the reform of free trade zones (free trade ports) and create a high-level opening up with integrated systems. After more than 40 years of trials and hardships, China's reform and opening up has entered a new stage, and the reform has entered a critical period and a deep water area. How to gnaw hard bones and wade into dangerous beaches?It is very important to strengthen top-down top-level design and promote institutional integration and innovation. Institutional integration innovation will create incremental benefits by building innovative institutional mechanisms that are different and superior to those in other regions, so as to improve efficiency and promote the increase of social benefits at the total level. At the practical level, it is necessary to always adhere to the integration and innovation of the system, continue to develop internal reforms, and build an international first-class business environment through the reform of the free trade zone (free trade port).
We will improve the pyramid action initiative system of multi-angle integration, and implement a high-level opening-up with win-win actions. Through the "Belt and Road", major landmark projects and "small but beautiful" livelihood projects, we should improve the pyramid action initiative system that integrates international cooperation, international engineering and international development cooperation. Major landmark projects will be regarded as a key measure to enhance technological exchanges and cooperation between China and the Belt and Road countries, and at the same time, the "small but beautiful" livelihood projects focusing on improving the quality of life of local people will be an effective supplement to international development cooperation, effectively improve people's living standards, and promote social stability and sustainable development.
To sum up, the mutual cooperation and linkage between different models will jointly constitute an organic whole of China's high-level opening up in the new era. In China, the stable opening up of China and related mechanisms will gradually nourish the continuous injection of personnel and foreign investment, and irrigate the high-quality development of China's economy with the integration of domestic and foreign trade. Internationally, the flow and rules formed by China's opening up will converge in a pyramidal action initiative system that integrates from multiple angles, and continue to make China's voice heard in the fields of global governance, such as international development, international engineering and international development cooperation.