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    A Number Of Provinces Have Launched A New Round Of Opening Upsurge In The Local Version Of The New Open Policy.

    2017/4/24 17:20:00 44

    Open Wider To The Outside WorldNew DealLocal Version

    The expansion of the local version of the new deal will usher in an intensive release period.

    Recently, Hubei, Jiangsu, Fujian and other places were introduced to expand opening up and make active use of them.

    foreign capital

    The new policies include supporting foreign-funded enterprises to enter the service industry such as medical care for the elderly, applying for the service industry development fund, and supporting foreign-funded enterprises to participate in government and social capital cooperation (PPP).

    This is followed by a new round of opening upsurge after the beginning of this year, when the State Council issued a number of measures to expand opening up to the outside world and actively utilize foreign capital.

    Hubei Province recently issued the implementation opinions on expanding opening up and actively utilizing foreign capital, and proposed to further reduce or eliminate foreign investment access limits within the Hubei free trade area, and improve openness and pparency.

    It is worth noting that in the implementation of Hubei's opinions, it is the first time to explicitly encourage foreign investment to participate in the construction of PPP projects in Hubei and enjoy the same tax preferences.

    policy

    Fujian Province recently issued the implementation plan of implementing the State Council's measures to expand opening up to the outside world and actively utilizing foreign capital. It also proposed to support the participation of foreign capital in infrastructure construction such as energy, pportation, water conservancy, environmental protection and municipal public utilities in Fujian, and enjoy the relevant policies of Fujian's pilot work on PPP accords with the conditions.

    To highlight the orientation of industrial upgrading and the introduction of innovation elements, and to further cultivate the new momentum of foreign capital development are also a common feature of the local version of the new policy of opening wider to the outside world.

    For example, as a traditional large province of foreign investment, Jiangsu province will build a strong magnetic field to attract foreign capital, explicitly support foreign-funded enterprises in building R & D centers and enterprise technology centers, and set up postdoctoral scientific research workstations, and explore and support foreign-funded enterprises to participate in provincial science and technology projects.

    A well-known multinational company will set up an independent legal person qualification in Jiangsu, which is in line with the direction of R & D and R & D headquarters of the province's industrial development. The core technology and core R & D team will be introduced and financial support will be provided.

    Hubei has also put forward support for newly established headquarters of multinational corporations, new Foreign-Funded R & D centers, technology centers, purchasing centers and settlement centers, etc.

    At the same time, foreign investment is encouraged to set up industrial investment funds in Hubei Province, enjoying equal preferential policies.

    In further opening up,

    Service industry

    Become the focus of opening up everywhere.

    Jiangsu and other places have proposed supporting eligible foreign-funded enterprises to apply for the provincial special guidance fund for the development of modern service industry, the modern service industry development fund and so on.

    In addition, it is also a key point in the local version of the new deal that we should treat foreign investment equally and improve the environment of fair competition.

    For example, Fujian has proposed to ensure the equal enjoyment and preferential treatment of foreign-funded enterprises in terms of scientific research innovation, pformation and upgrading, technological pformation, talent introduction, intellectual property protection, standardization, business license and qualification application.

    At the beginning of this year, the State Council issued the circular on measures to expand opening up to the outside world and actively utilize foreign capital, and put forward 20 measures to urge foreign investment, including a clear relaxation of various fields of foreign investment access restrictions, including services, manufacturing and mining industries.

    This is regarded as a new overall planning and top-level design of China's foreign investment policy under the new situation at home and abroad.

    The background of the new deal is to adapt to the new situation of foreign investment in recent years.

    From the perspective of growth, in recent years, China's absorption of foreign capital has maintained steady growth at medium and low speed, and the two digit high speed growth is no longer.

    According to the Ministry of commerce data, in 2016, China absorbed 813 billion 220 million yuan of foreign capital, an increase of 4.1% over the same period last year, and the growth rate was 6.4% lower than that of the previous year.

    In terms of structure, the proportion of foreign capital absorbed by the service industry has exceeded 70%, and the foreign-invested enterprises also show "structural adjustment".

    Liang Guoyong, an economic affairs officer of the China World Trade Center conference, told reporters that the world

    Finance

    After the crisis, the recovery of international direct investment was weak, and the competition among countries in attracting foreign investment intensified.

    The trend of industrial pfer has weakened, and the policy of "Reindustrialization" in developed countries has led to partial reflux of capacity.

    China's attracting foreign investment faces double pressure: the competition of low income countries leads to the "diversion" effect of foreign investment, while the policies and measures of industrialized countries may aggravate the "reflux" of foreign capital.

    Especially in the context of rising wages and manufacturing costs, how to maintain international competitiveness in attracting foreign investment has become an important issue.

    "Investment plays a key role in short-term steady growth and employment creation. At present, the role of private investment and foreign investment is urgently needed besides public investment and state-owned enterprise investment.

    Guiding international capital inflow is crucial to balance of payments. "

    Liang Guoyong pointed out that major breakthroughs in the opening up of services and other fields, as well as initiatives to support foreign capital participation in various infrastructural facilities by franchising, are expected to boost the growth of foreign capital inflow, and also facilitate the opening and competition of specific industries.

    Bai Ming, deputy director of the International Market Research Institute of the Ministry of Commerce, told reporters that the environment for the development of our foreign oriented economy has undergone profound changes. In the context of the increasingly limited international market space, local authorities should take the initiative to layout their own advantages and actual conditions, and seek new internalized dividends in opening up.

    Recently, in the past five years, the Ministry of Commerce, the NDRC and other departments have made new plans for further promoting the comprehensive pilot test of the open economic system.

    Shen Danyang, director of the Ministry of Commerce and political research department, said that the new system of coordinated development of various development zones, parks and different regions in China is constantly improving.

    The pilot area of the new open economic system will actively connect with the national strategy of "one belt and one road" and form an open highland with its own characteristics.

    Bai Ming also pointed out that in addition to the pilot area of the free trade zone and the comprehensive pilot of the new open economy system, there are many open contents such as cross-border electricity supplier, service trade innovation, service industry opening, market procurement, customs clearance integration, single window and so on.

    The strategy of "one belt and one road" and the free trade zone will also accelerate.

    "This year, China's open economy will enter a new stage of development. The opening up of the combination of points and faces will focus on releasing a new round of opening dividends."

    More interesting reports, please pay attention.

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