China News Agency, Beijing, February 21 (Reporter Li Xiaoyu) In recent years, the focus of China's expansion of opening up has shifted from commodity and factor flow opening to rules, regulations, management, standards and other institutional openings.
Scholars here said that under the guidance of institutional opening-up, China is expected to reap greater opening-up dividends in the future.
On the 21st, China (Hainan) Reform and Development Research Institute and Tongji University jointly organized a seminar on "China's high-level opening up to the outside world and the construction of a trade power", Wei Jianguo, the former vice minister of the Ministry of Commerce of China, said bluntly that with the anti-globalization, single With the rise of lateralism and protectionism, the traditional commodity and element flow opening up has been difficult to meet the needs of the current new international situation, and it is also difficult to inject new vitality into China's future reform.
In Wei Jianguo's view, if openness with the flow of goods and factors is the basic combination of all production factors such as labor, capital, technology, and data, then institutional openness is the best allocation of all production factors.
This higher level of opening up will not only bring more high-quality development dividends to the Chinese economy in the next five years, but will also promote profound changes in society, culture and other fields.
Zhu Guangyao, the former vice-minister of the Ministry of Finance of China, also said frankly that China’s “best way” is to use high-level opening-up to promote the closer integration of China’s economy with the world economy and to better play The attractiveness of China's super-large market to the world.
Institutional opening up is of great significance to improving the level of opening up.
As a concrete action to promote institutional opening, China is currently actively seeking to join the Comprehensive and Progressive Trans-Pacific Partnership Agreement (CPTPP), and negotiations to join the Digital Economic Partnership Agreement (DEPA) have also officially started.
Analysts believe that China should focus on three things in order to bring institutional opening-up to a higher level.
First, do a good job in the top-level design.
Zhao Ping, deputy director of the China Council for the Promotion of International Trade Research Institute, said that to promote institutional opening, we should speed up the top-level design, improve the systemic nature of institutional opening, and do a good job of connecting the border system with the post-border system for high-standard economic and trade rules.
Wei Jianguo also said that the top-level design of institutional opening-up should be problem-oriented, and come up with a top-level design that is forward-looking, easy to operate and highly feasible, and has policies in place.
Second, seize the service industry to "make a fuss".
At present, China ranks second in the world in terms of trade in services.
According to official data, China's service import and export volume will reach 5.98 trillion yuan in 2022, a year-on-year increase of 12.9%.
Chi Fulin, president of the China (Hainan) Reform and Development Research Institute, believes that considering that there is still room for improvement in the scale and proportion of China's service trade, the urgent task of institutional opening up should be to promote the classification of rules, regulations, management, and services in the service industry as soon as possible. Standards and other docking, for example, can take the lead in introducing management and standards from developed countries in the medical and health field.
Chi Fulin also suggested that we should seize the window period when the global economic and trade rules are undergoing a new round of restructuring, and increase the exploration and experimentation of emerging issues, so as to achieve an important breakthrough in institutional opening.
Third, maintain economic security.
Prior to this, China had issued the "Regulations on the List of Unreliable Entities".
Zhao Ping said that China should further establish and improve systems such as anti-monopoly review and unreliable entity list, and effectively prevent economic security risks while expanding opening up to the outside world.
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