Home> Industry Information> The breadth and depth of opening to the outside world have been comprehensively expanded

The breadth and depth of opening to the outside world have been comprehensively expanded

September 16, 2022

Opening to the outside world is China's basic state policy and a distinctive symbol of contemporary China. Since the reform and opening up, my country has fully grasped the opportunities brought about by economic globalization and continued to expand its opening to the outside world. Since the 18th National Congress of the Communist Party of China, the world has undergone great changes unseen in a century, and the evolution has accelerated, and the great rejuvenation of the Chinese nation has entered a critical period. The CPC Central Committee with Comrade Xi Jinping at its core coordinates the overall strategy of the great rejuvenation of the Chinese nation and the great changes in the world unseen in a century. It is based on the country and looks at the world, emphasizing that "China's determination to expand high-level opening up will not change, and its determination to share development opportunities with the world will not change. It will not change, and the determination to promote economic globalization towards a more open, inclusive, inclusive, balanced, and win-win direction will not change." Under the strong leadership of the CPC Central Committee, we have implemented a more proactive opening-up strategy, formed a wider, wider and deeper pattern of opening to the outside world, and built a win-win, diversified, balanced, safe and efficient open economic system. Strengthen my country's new advantages in international economic cooperation and competition, and my country's ties with the world will become closer and the mutual influence will become more profound.
Over the past 10 years, we have actively promoted the transformation from the opening up based on the flow of commodities and factors to the opening based on rules, regulations, management, and standards, and accelerated the formation of an all-round high-level open economy. The export of high-tech, high-quality, high-value-added products has grown rapidly. The average annual growth rate of high-tech product exports from 2013 to 2021 will reach 5.1%, and the comparative advantage of exports will be accelerated from factor-driven to innovation-driven. The use of foreign capital presents a good situation in which both quantity and quality are rising. From 2016 to 2021, the actual use of foreign capital in high-tech industries will increase from 140.9 billion yuan to 346.9 billion yuan, with an average annual growth rate of 19.7%. Multinational companies have established headquarters bases and R&D centers in China. , The speed of the purchasing center is accelerated. The construction of a new system of a higher-level open economy has been accelerated. Since 2013, the number of my country's pilot free trade zones has expanded to 21, and a total of 278 institutional innovations have been formed to promote the country or specific regions. The negative list has been greatly reduced to 31 and 27, effectively stimulating the vitality, motivation and potential of reform and innovation. The construction of the Hainan Free Trade Port has been solidly advanced. In accordance with the principles of zero tariffs, low tax rates, simplified tax system, strong rule of law, and stages, a tax system compatible with high-level free trade ports has been gradually established to promote trade liberalization and facilitation. According to the World Bank report, the ranking of China's business environment among 190 economies in the world has jumped from the 96th in 2013 to the 31st in 2020, becoming one of the fastest-improving economies.
Over the past 10 years, we have insisted on promoting reform, development and innovation through opening up, and the quality of my country's economic development has been continuously improved. Promote supply-side structural reform through high-level opening up, optimize imports and improve domestic supply levels by using domestic and foreign innovation factors, provide better quality goods and services to the international market, and promote the mutual promotion of domestic and international dual cycles. These measures have further improved the allocation efficiency of factors in industry and space, accelerated the transformation and upgrading of the industrial structure, and promoted the continuous improvement of the quality of economic development. The proportion of the added value of my country's tertiary industry in GDP will increase from 46.1% in 2013 to 53.3% in 2021, becoming an important driving force for economic development. The comprehensive strength and international influence of the manufacturing industry has been greatly improved, and the proportion of the added value of the manufacturing industry in the world has increased from 22.5% in 2012 to nearly 30% in 2021, which has consolidated the foundation of economic development. Promote deep-level market-oriented reforms with high-level opening up. Since 2013, my country's marketization degree has been further improved, and the level of industrial internationalization has been continuously improved.
Over the past 10 years, in the face of the undercurrent of anti-globalization, we have adhered to win-win cooperation and unswervingly built an open world economy. Facing the complex situation of unstable global economic recovery, rising de-globalization, century-old changes and the epidemic of the century Economic recovery injects confidence and impetus. From 2019 to 2021, the average annual growth rate of China's actual utilization of foreign capital is 10.8%, which is 9.1 percentage points higher than that of the world; the average annual growth rate of commodity imports is 13.7%, which is 5.7 percentage points higher than that of the world. China's contribution to world economic growth has remained at around 30% for many consecutive years, and it has played a "stabilizer" role in alleviating global inflation with a relatively low increase in export prices, and has become an important force leading the recovery of the world economy. China adheres to extensive consultation, joint contribution and shared benefits, and promotes the high-quality development of the Belt and Road Initiative, which not only effectively promotes the mutual benefit and win-win results of the joint construction of the country, but also effectively improves the well-being of the people of all countries. Facing the urgent expectation of the international community to achieve a more equitable, sustainable and secure development, President Xi Jinping proposed a global development initiative and a global security initiative from the perspective of jointly building a community with a shared future for mankind, and provided Chinese solutions for global development and security. Received enthusiastic responses from more than 100 countries.

The 10-year history of opening up in the new era fully demonstrates that opening up is the only way for a country to prosper and develop. China's door to opening up will not be closed, but will only open wider and wider. Facing the future, we must rely on the advantages of my country's super-large market, adhere to high-level opening up to promote high-quality development, further deepen the integration between China and the world, and continue to serve as a stable anchor for world trade and investment, a stable anchor for world economic growth, and a stable anchor for world economic growth. The stable anchor of people's confidence, so that the results of high-level opening up will benefit not only the Chinese people, but also the people of all countries.


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