China Singapore Finance and Economics, December 30 (Reporter Song Yusheng) The Central Economic Work Conference requested that regional policies should enhance the balance and coordination of development.
It is necessary to thoroughly implement major regional strategies and regional coordinated development strategies to promote the coordinated development of the eastern, central, western, and northeastern regions.
In this regard, Chi Fulin, Dean of the China (Hainan) Reform and Development Research Institute, said at the China Singapore Finance and Economics 2021 Annual Conference and Online Cloud Summit held on the 30th that to promote coordinated regional development, it is necessary to encourage reasonable regional distribution. Various localities have made important breakthroughs in comprehensively deepening reforms and high-level opening up, and have formed a new pattern of regional economic layout and regional coordinated development with obvious main functions, complementary advantages, mutual promotion, and high-quality development.
Data map: Chi Fulin, Dean of China (Hainan) Reform and Development Research Institute.
Photo by Luo Yunfei
Chi Fulin said that at present, the revitalization of the Northeast has become a prominent contradiction in the coordinated development of the region.
Facing the complex and changeable international political and economic situation, the comprehensive revitalization of Northeast China to build a new development pattern must be designed and promoted in an overall manner with the strengthening of economic and trade cooperation with the Northeast Asia region, so as to form a new driving force for the revitalization of Northeast Asia.
For example, support the Northeast region to actively participate in Northeast Asia's industrial chain and supply chain cooperation; promote the interconnection of infrastructure between the Northeast region and Northeast Asia; and pragmatically promote the process of Northeast economic integration.
"Under the severe impact of the new crown epidemic, the restructuring of the industrial chain and supply chain in Northeast Asia is a new trend. The Northeast must seize this new opportunity to actively participate in cooperation to form a new impetus for industrial transformation and upgrading."
Speaking of promoting the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, he believes that the key is to accelerate the integration of Guangdong-Hong Kong-Macao service trade.
"Constrained by differences in rules and standards, the lagging integration of service trade has become a prominent shortcoming of market integration in the Greater Bay Area." Chi Fulin said that with the transformation and upgrading of Guangdong's manufacturing industry and the growing need for Hong Kong and Macao to expand development space The complementarity of Guangdong, Hong Kong and Macau's service trade has been significantly enhanced. In the future, the integration of service trade will unleash the huge growth potential of the Guangdong-Hong Kong-Macao Greater Bay Area and drive the transformation and upgrading of the Greater Bay Area.
Chi Fulin believes that the key to accelerating the integration of service trade in Guangdong, Hong Kong and Macao lies in promoting market and system integration with service trade as the focus.
On the one hand, it is necessary to promote in-depth cooperation in the service industries of Guangdong, Hong Kong and Macao.
On the one hand, it is necessary to promote the direct integration of the Guangdong, Hong Kong and Macao service industry market systems.
In addition, Chi Fulin said that the strategic goal of the Hainan Free Trade Port is to build an important open gateway for my country, and the key move is to establish a regional market facing ASEAN in Hainan.
He believes that Hainan has achieved an important breakthrough in establishing a regional market for ASEAN. First of all, it must rely on the large domestic tourism consumption market to establish a bilateral and multilateral tourism economic cooperation network for ASEAN.
Second, the establishment of a tropical agricultural product preservation, processing, storage, and export base in Hainan for ASEAN will significantly enhance the competitive advantage of Hainan's tropical agriculture while forming an influence and radiation force on tropical agriculture in Southeast Asia.
Third, relying on special opening-up policies to establish various trading markets for ASEAN.
Fourth, make full use of the policy advantages of the free trade port to attract domestic enterprises, including digital economy enterprises, to set up regional headquarters in Hainan to enter the ASEAN market, and strengthen economic and trade cooperation with ASEAN countries.
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