Diplomatic idioms丨Chairman Xi’s opening measures announced at the previous two CIIEs have been implemented in this way

  On November 4, President Xi Jinping will deliver a keynote speech at the opening ceremony of the 3rd China International Import Expo via video.

This is also the third consecutive year that President Xi delivered a keynote speech at the CIIE, an important platform for global open cooperation.

  At the previous two CIIEs, President Xi announced a series of pragmatic measures to expand China's opening up.

How did these pragmatic open "hard tricks" be implemented intensively and efficiently?

Let's see it together.

On November 5, 2018, the first China International Import Expo opened in Shanghai.

President Xi Jinping attended the opening ceremony and delivered a keynote speech titled "Building an Innovative and Inclusive Open World Economy."

Photo by Xinhua News Agency reporter Yao Dawei

  【Action】

  China will further reduce tariffs, improve customs clearance facilitation, reduce institutional costs in the import link, and accelerate the development of new business models and models such as cross-border e-commerce.

  ——On November 5, 2018, Xi Jinping's keynote speech at the opening ceremony of the first China International Import Expo

  【implement】

  ▲In recent years, China has repeatedly reduced import tariffs.

Starting from January 1, 2020, China has imposed a provisional import tariff rate lower than the most-favored-nation tariff rate on more than 850 commodities.

More high-quality global products reach Chinese consumers at lower prices to meet the people's growing needs for a better life.

  ▲In terms of optimizing the business environment at ports and other aspects, the 86 types of regulatory documents that were previously required to be checked in the import and export process were reduced to 44. In September this year, the overall customs clearance time for imports and exports across the country was reduced by 64.04% and 84.87% respectively compared with 2017 , The cost of customs clearance is significantly reduced.

  【Action】

  China is steadily expanding the opening up of the financial industry, continuously advancing the opening up of the service industry, deepening the opening up of agriculture, mining, and manufacturing, and accelerating the opening up of telecommunications, education, medical care, and culture, especially for foreign investors who have a large domestic market gap. Education, medical and other fields will also relax restrictions on foreign ownership.

  ——On November 5, 2018, Xi Jinping's keynote speech at the opening ceremony of the first China International Import Expo

  【implement】

  ▲In the past two years, my country's financial industry has taken milestone steps in opening up, and more than 50 opening measures have been announced.

Completely abolish restrictions on foreign equity in the fields of banks, securities, funds, futures, and personal insurance, continue to expand the business scope of foreign financial institutions, and continue to increase the degree of two-way opening of the capital market.

  ▲A new version of the Catalog of Industries Encouraging Foreign Investment will be issued. The 2019 version of the catalog will greatly increase the areas that encourage foreign investment and support more foreign investment in high-end manufacturing, smart manufacturing, green manufacturing and other fields.

Before the end of 2020, a new version of the catalog will be issued to further expand the scope of encouraging foreign investment.

  ▲As of the end of 2019, as an important part of the opening up of education, a total of 2,405 Sino-foreign cooperative education institutions and projects have been approved by the Ministry of Education and various provinces and cities, and agreements have been signed with 52 countries or regions for mutual recognition of higher education degrees.

  【Action】

  China will protect the legitimate rights and interests of foreign-funded enterprises, resolutely punish infringements of the legitimate rights and interests of foreign businessmen, especially infringement of intellectual property rights, improve the quality and efficiency of intellectual property review, introduce a punitive compensation system, and significantly increase the cost of violations.

  ——On November 5, 2018, Xi Jinping's keynote speech at the opening ceremony of the first China International Import Expo

  【implement】

  ▲On January 1, 2019, the Intellectual Property Tribunal of the Supreme People's Court was inaugurated and established in Beijing, which mainly hears patents and other professional and technical intellectual property appeals.

  ▲On October 17, 2020, the 22nd meeting of the Standing Committee of the 13th National People's Congress completed the revision of the Patent Law.

This is China's fourth amendment to the Patent Law, and a series of amendments and improvements have been made in strengthening the protection of the legitimate rights and interests of patentees, promoting the implementation and application of patents, and improving the patent authorization system.

  【Action】

  China will continue to improve the market-oriented, legalized, and internationalized business environment, relax market access for foreign capital, continue to reduce the negative list, and improve investment promotion and protection, and information reporting systems.

  ——Xi Jinping's keynote speech at the opening ceremony of the second China International Import Expo on November 5, 2019

  【implement】

  ▲From January 1, 2020, the "Foreign Investment Law of the People's Republic of China" and the "Regulations on Optimizing the Business Environment" are officially implemented.

  ▲China’s Negative List for Foreign Investment Access has repeatedly “slimened”. The national version of the Negative List for Foreign Investment Access released in 2020 will be reduced from 40 items in 2019 to 33 items, and the Negative List for Foreign Investment Access in the Pilot Free Trade Zone will be reduced from 37 items. The article was reduced to 30 articles.

  【Action】

  China will continue to encourage bold trials and ventures in the pilot free trade zone, accelerate the construction of a free trade port in Hainan, and create a new highland for opening up.

  ——Xi Jinping's keynote speech at the opening ceremony of the second China International Import Expo on November 5, 2019

  【implement】

  ▲The "expansion" of the pilot free trade zone has accelerated. Following the addition of six pilot free trade zones in Jiangsu, Hebei, Heilongjiang, Guangxi, Shandong, and Yunnan in 2019, in 2020, the pilot free trade zone will add "three sons"— —Beijing, Anhui, Hunan pilot free trade zones, and Zhejiang pilot free trade zones have been expanded.

Up to now, 21 pilot free trade zones have been established nationwide.

As the region with the highest level of openness in the country, the pilot free trade zone has become a "strong magnetic field" for attracting foreign investment.

  ▲On June 1, 2020, the "Overall Plan for the Construction of Hainan Free Trade Port" was announced, and the free trade port with Chinese characteristics set sail.

Since the construction of Hainan Free Trade Port was fully implemented, breakthrough opening measures have been taken in the fields of education, medical care, data, navigation rights, etc., to continuously provide global investors with "incremental" development opportunities.

As of September 2020, Hainan Free Trade Port has held two batches of key project signing activities and signed a total of 94 project cooperation agreements with well-known domestic and foreign companies, including 20 foreign-funded projects, covering tourism, modern service industries, and high-tech industries And people’s livelihood and public services.

  【Action】

  China will uphold the principle of extensive consultation, joint contribution and shared benefits, adhere to the concept of openness, greenness, and integrity, and strive to achieve high standards, people's livelihood, and sustainable goals, and promote the high-quality development of the "Belt and Road".

  ——Xi Jinping's keynote speech at the opening ceremony of the second China International Import Expo on November 5, 2019

  【implement】

  ▲The latest data shows that China has signed 200 cooperation documents for the joint construction of the “Belt and Road” with 138 countries and 30 international organizations, and jointly carried out more than 2,000 cooperation projects; the cumulative total of trade in goods between China and countries along the route exceeded 7.8 trillion yuan U.S. dollars, direct investment in countries along the route exceeded 110 billion U.S. dollars.

  ▲Under the background of the global epidemic, China is working with all parties to make the “Belt and Road” a road of cooperation to unite and cope with challenges, a healthy road to maintain people’s health and safety, a road to recovery that promotes economic and social recovery, and release development potential Road to growth.

  【Action】

  The China International Import Expo not only needs to be held year after year, but also to achieve the level, effectiveness, and success.

  ——On November 5, 2018, Xi Jinping's keynote speech at the opening ceremony of the first China International Import Expo

  【implement】

  ▲A total of 172 countries, regions and international organizations participated in the first CIIE, 3617 foreign companies participated in the exhibition, and more than 400,000 domestic and foreign buyers attended the fair to negotiate purchases. The cumulative intention of the transaction was 57.83 billion US dollars; the second CIIE attracted 181 countries, regions and international organizations participated in the conference, more than 3,800 companies participated in the exhibition, and the accumulated intentional turnover was 71.13 billion US dollars.

  ▲In the extraordinary period when the new crown pneumonia epidemic is spreading globally and the world economy continues to be down, the third CIIE is here as scheduled. The total exhibition area has expanded by nearly 30,000 square meters compared with the second one. The average exhibition of the world’s top 500 and leading companies The area has increased by 14% compared with the second session. Dozens of companies are the “new friends” of the CIIE; many companies bring new products, new technologies, and new services to the world’s premiere and China’s first exhibition. Nearly 100 companies have signed up to participate in the future 3 The CIIE...From the first to the third, the CIIE has always been open to the world and walked hand in hand with all parties, playing a chorus of sharing opportunities and common development.

This is a panda "Jinbao" theme Expo decoration placed at the west entrance of the National Convention and Exhibition Center (Shanghai) (photographed on October 23).

Photo by Xinhua News Agency reporter Fang Zhe

  Planning: Chen Erhou

  Producer: Che Yuming, Liu Hua

  Coordinator: Wang Min

  Text: Warm, Yu Jiaxin, He Xinrong

  Produced by Xinhua News Agency