China’s new high-level open economic system has accelerated the construction of new advantages in international cooperation and accelerated the cultivation.
CCTV News:On September 29th, the National Development and Reform Commission held a special conference to introduce China’s deepening reform and opening up.The person in charge said that since the 18th National Congress of the Communist Party of China, China has adhered to overall development and security, and expanded its high-level opening-up in a wider scope, in a wider field and at a deeper level.The development of overseas investment has reached a new level, and the cultivation of new advantages in international cooperation has been accelerated.
The level of utilizing foreign capital has been continuously improved. We will continue to promote investment liberalization and facilitation, further optimize the foreign investment environment, and protect the legitimate rights and interests of foreign investment. A number of major foreign-funded projects have been put into operation to expand capacity. The scale of attracting foreign investment has hit record highs. By the end of 2021, it has attracted more than 2.6 trillion US dollars of foreign direct investment.
Enterprises have taken solid steps to "go global". Improve the management and services of overseas investment of enterprises, significantly improve the level of overseas investment facilitation, and continuously strengthen risk prevention and control and security. Overseas Chinese-funded enterprises increased from nearly 22,000 to more than 45,000 at the end of 2012, and the stock of overseas investment increased from 0.5 trillion US dollars at the end of 2012 to more than 2.7 trillion US dollars.
The construction of a new high-level open economic system was accelerated. The foreign investment law was promulgated and implemented, and the national treatment plus negative list management system before foreign investment access was fully implemented. The construction of Hainan Free Trade Port started smoothly. A "single window" for international trade has been built in an all-round way, covering all ports in the country, and the level of trade facilitation has been greatly improved.