HomePage  |  This day in history  |  Sitemap
Breaking-News >> WorldNews

International critical comment | China's new opening up layout releases new dividends for global development

"China has not only shared the experience of 'governance of China' through long-term planning, but also shown the world that China pursues modernization for common prosperity." After the release of the communiqué of the Fourth Plenary Session of the 20th CPC Central Committee, John Miller-White, Executive Chairman of the US-China Cooperation Foundation, exchanged views with International Critical Review. The plenary session reviewed and approved the "Proposal of the Central Committee of the Communist Party of China on Formulating the Fifteenth Five-Year Plan for National Economic and Social Development", and made special arrangements for expanding high-level opening up to the outside world during the "15th Five-Year Plan" period, emphasizing the creation of a new situation for win-win cooperation. International media commented that this demonstrates China's commitment to continue to promote high-level opening up.

Openness is a distinctive symbol of China's modernization. During the "14th Five-Year Plan" period, the number of free trade pilot zones was increased to 22 to the completion of version 3.0 of the China-ASEAN Free Trade Area negotiations; from the two reduction of the negative list for foreign investment access to the orderly advancement of the service industry opening pilot project; From high-quality joint construction of the "Belt and Road" to the continuous "renovation" of international platforms such as the China International Import Expo, the Service Trade Fair, and the Consumer Expo... China's door to opening up wider and wider. The scale of trade in goods has ranked first in the world for eight consecutive years; since the "14th Five-Year Plan", the cumulative absorption of foreign investment has exceeded the expected target six months ahead of schedule, and foreign investment has ranked among the top three in the world... Facts have proved that China's opening up to the outside world has become a good cause for China and the world.

On the one hand, a new round of scientific and technological revolution and industrial change is deepened, and the world needs to be open and shared more than ever before. On the other hand, economic globalization has experienced reversal, unilateralism, protectionism has risen, and the world is facing development imbalances and governance deficits. In the face of the complex international situation, China insists on expanding opening up to the outside world, continuously transforming the achievements of Chinese-style modernization into the global joint development dividend, interpreting the responsibility of the great powers with practical actions.

China's expansion of opening to the outside world brings, first of all, super-large-scale market dividends. The plenary session clearly stated that we should share opportunities and develop together with other countries in the world. In the eyes of the international community, this will help the world's most "growing" ultra-large-scale market to further open its doors. China has a population of more than 1.4 billion, and the middle-income group in China will exceed 800 million in the next decade or so, with huge market potential; The "magnetic field" of new productivity will make China's big market a testing ground, application field and profit field for global innovation. Chen Jiayuan, CEO of Louis Dreyfus North Asia, told International Sharp Review that the company has landed a number of strategic projects in China in recent years, hoping to "grow together" with China.

Today, China's opening up is not only the flow of goods and factors, but also the opening up of rules, regulations, management, and standards. This "institutional" dividend reflects the high level of China's opening up. The plenary session pointed out that we should steadily expand institutional opening up, expand international circulation, and promote reform and development through opening up. At the same time, we should emphasize promoting innovative development of trade and expanding two-way investment cooperation space. This means that China will promote "soft connectivity" of international circulation through rule docking and mutual recognition of standards. This will bring "fewer restrictions, more opportunities and fairness." For example, in the field of trade, trade facilitation is promoted by reducing technical barriers and institutional costs.

For foreign companies, they are particularly concerned about their future development prospects in China. During the "15th Five-Year Plan" period, China will implement "access and business permits" and create a transparent, stable and predictable institutional environment. As China further lowers market access barriers, expands opening up in relevant fields, and fully implements national treatment, foreign companies will feel more truly that "they are not outsiders, but a family." In fact, in the past five years, more than 240,000 new foreign companies have been established in China, and the number of regional headquarters and R & D centers of multinational companies has increased significantly. This is the long-term vote that foreign companies have cast on the China market.

More importantly, if China's opening-up in the past was "following", now it is "leading". The communiqué of the plenary session pointed out that it is necessary to actively expand independent opening up. That is to say, taking into account the needs of China and the expectations of the world, we should independently choose the open field, rhythm and mode. From grasping the general trend of world development, accelerating the opening up of service industry, actively expanding the network of high-standard free trade zones, and then carrying out all kinds of pilot trials... Lv Yue, executive director of the Institute of Global Innovation and Governance of university of international business and economics, believes that China is based on its own economic market and constantly improving the quality and level of opening up to the outside world, which reflects its determination to change from a follower of rules to a leader.

It's more than that. In the complicated and ever-changing international environment, China has brought "governance" dividends to the world. The plenary session proposed to safeguard the multilateral trading system and jointly build the "Belt and Road" with high quality. This shows that while making the economic "cake" bigger, China is also actively promoting the construction of a better world. China has always emphasized that "the belt and road initiative" is not a "one-man show" but a "chorus"; Constructively participate in the cooperation of multilateral mechanisms such as APEC and BRICS, promote international economic and trade rules to keep pace with the times, and expand the voice and representation of the global South. China is promoting common opening up with its own opening up, and is committed to letting everyone share the fruits of development.

Only an open China will become a modern China. The fact shows that China’s development can not be separated from the world, and the world’s development can not be separated from China. Right now, the eighth China International Import Expo will open, and Hainan Free Trade Port is about to celebrate the operation of the entire island... A China that is deeply interacting with the world, is providing extensive markets and a powerful source of momentum for the outside world. As the international community says, China’s key to creating growth for the world economy is in its deep and multidimensional “openness”.

(Commentary of International Review)



News raw data sources → https://world.huanqiu.com/article/4OtT7SC3Ut5

17WorldNews[2025.10.27-10:52] 访问:50
[关闭窗口]  
「Links」 ...
Loading...
Search on site
This day in history
August 2023
Sun
Mon
Tue
Wed
Thu
Fri
Sat
Copyright © 17ljfl.com · World News
The information collected on this site is all from public data information on the Internet, and the authenticity of the query results is for reference only!