China’s National Leader: Building Free Trade Pilot Zone into a New Highland of Reform and Opening-up in the New Era

January 17 02:03 2019

China’s National leader made important instructions on the construction of free trade pilot zones recently, pointing out that the construction of free trade pilot zones is a strategic measure of the CPC Central Committee to promote reform and opening up in the new era, and has a milestone significance in the process of China’s reform and opening up. Over the past five years, the free trade pilot zones have conscientiously implemented the decision-making and deployment of the Central Committee of the CPC, made great progress in their work, made great achievements in system innovation, and promoted a large number of achievements to the whole country, playing a pilot role in deepening reform in an all-round way.

The national leader stressed that facing the future, we should continue to emancipate our minds, actively explore, strengthen overall planning, reform and innovate on the basis of in-depth summary and evaluation, constantly improve the level of development of free trade pilot zones, form more replicable and scalable achievements of institutional innovation, build free trade pilot zones into a new highland of reform and opening-up in the new eraThe Chinese dream of striving for goals and realizing the great rejuvenation of the Chinese nation has made greater contributions and eventually achieve the goal of “two hundred years”.

The national leader‘s instructions on the construction of free trade zones affirm the achievements of the construction of free trade pilot zones last year, and also put forward the requirements for the development of free trade pilot zones in the new era.

Do a good job in deepening reform in an all-round way

Economic globalization is one of the most important features of contemporary world economy; it is alsoan important trend of world economic development. For a long time, China has been an active participant, a strong supporter, an important developer, and a primary beneficiary. Accelerating the implementation of the strategy of free trade area is an objective requirement for China to adapt to the new trend of economic globalization, and also an inevitable choice for deepening reform in an all-round way and building a new open economic system.

Openness brings progress and closure leads to backwardness, which is the “truth” proved by the development practice of the world and our country. Promoting reform through opening up and promoting development through opening up is an important way for China’s economy to continuously achieve new achievements. As the core area of Fengdong Functional Zone in Shaanxi Free Trade Pilot Area, since August 2017, with the opening of Fengdong Free Trade Industrial Park and the continuous development in the field of “Free Trade + Service Trade” and the optimization of business environment, the park “one-stop” goes out of the service trade platform and the construction of online free trade zone to facilitate investment and trade in this “experimental field” of China. New varieties such as financial system innovation have added more innovative ways. In the future, we should try first, practice boldly, fill in the shortcomings, plant the “experimental field” of digital economy and online free trade zone, expand the opening up and take another big step, and deepen the reform to a new level.

Vigorously Promoting Institutional Innovation

The further promotion of FTA construction throughout the country is a timely and important strategic decision-making under the current situation in China. However, in the face of the complex global development environment, the task of stable domestic growth is arduous, and there are many changes and challenges in the rules of international economic and trade. It is the mission and task entrusted by the times to further innovate and develop, release the tremendous vitality of China’s market and enhance global competitiveness. Under such circumstances, it is the responsibility and mission of the free trade pilot area as a “test field” to break the shackles of the system and mechanism that can not meet the requirements of practical development, to keep pace with the times, to innovate, to stimulate development through reform, to release vitality for development and ultimately to serve the national strategy.

he establishment of the “4+1” modern service trade system in Fengdong Free Trade Industrial Park, and the institutional innovation achievements of “one-stop” business registration and two-dimensional code business management system in the park are the positive response and innovation exploration of the Free Trade Experimental Zone to the modern service trade. While actively exploring the new model of “free trade + service trade” and innovating the new model of “double-trial linkage” and further expanding the agglomeration effect and influence of service trade industry, the park, as a pilot demonstration area of digital economy in Shaanxi Province, takes “service trade and free trade” as its goal, takes the lead in exploring the digital economic development model of online free trade area in the whole province, and vigorously promotes the system in the field of service trade and digital economy. Degree innovation adds new vitality to the innovation and development of service trade.

Creating a New Highland of Reform and Opening-up

Opening to the outside world is our basic national policy. The door that opens to the outside world will not be closed, it will only open wider and wider. The construction of the free trade pilot area is a national strategy and a significant opportunity for Shaanxi Province to open to the outside world on the national platform. Since its opening, Fengdong Free Trade Industrial Park has devoted itself to “creating a first-class business environment and building a first-class demonstration park”. Based on the superposition advantages of the Free Trade Experimental Zone and the national service trade innovation pilot project, the principle of “introducing advanced services globally” and “integrating high-quality services throughout the province to go out” has been adopted to strive to build a new “free trade + service trade” double-trial linkage platform, and to promote the economic construction of Greater Xi’an. Make outstanding contributions.

Accelerating the implementation of the strategy of free trade area can better help Chinese enterprises to open up the international market, inject new impetus, add new vitality and expand new space for economic development. As General Secretary Xi Jinping pointed out, we should not be bystanders and followers, but participants and leaders. We should enhance our international competitiveness through the construction of free trade zones, make more Chinese voices and inject more Chinese elements into the formulation of international rules.

China’s national leader‘s affirmation of FTA construction is both encouragement and spur, and also points out the direction for deepening the pilot reform of FTA. Fengdong Free Trade Industrial Park will actively implement the spirit of the national leader‘s important instructions, continue to emancipate the mind, innovate boldly, “take a hundred feet and go further”, and be a good leader and pioneer in service trade and digital economy innovation, and better serve the national strategy.

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