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Chen Bo, Director of the Research Center of Free Trade Experimental Zone of Huazhong University of Science and Technology: An article on "differentiation" in the inland Free Trade Zone

December 23, 2017 19:02

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In 2018, China will usher in the fortieth anniversary of reform and opening up. Because of its openness, China’s economic outlook has undergone earth-shaking changes in the past 40 years, and in the future, China’s door will “only grow bigger and bigger”.

On December 23, at the “Tianfu Forum of the 2017 Free Trade Pilot Zone” held in Chengdu, Chen Bo, director of the Research Center of the Free Trade Experimental Zone of Huazhong University of Science and Technology, believes that the most important key word to promote the formation of a new comprehensive opening pattern is “One Belt and One Road”. "With the free trade zone.

In April of this year, with the listing of seven free trade zones in Liaoning, Zhejiang, Henan, Hubei, Chongqing, Sichuan and Shaanxi, the lineup of China's free trade zone increased to 11. The emergence of the inland free trade zone has also brought about new features in the construction of the free trade zone.

At present, there are four major reform tasks in the free trade pilot zone: a foreign investment management system with negative list management as the core, an after-the-fact supervision system with government functions as the core, and a trade supervision system focusing on trade facilitation. A financial system with capital account convertibility and financial services open.

Chen Bo believes that under the new pattern, it is particularly important to expand foreign trade, foster new forms of trade, and achieve high-level trade and investment facilitation policies. "The main task of our inland free trade port construction is not only to learn to replicate the model of the coastal free trade pilot zone, but also to make our own articles based on differentiation." Chen Bo said.

For the construction of the Sichuan Trade Zone, Chen Bo believes that more attention should be paid to the connection with the “Belt and Road” construction. "General Secretary Xi Jinping proposed to focus on 'One Belt, One Road'. This 'One Belt, One Road' has a very big relationship with Sichuan." In Chen Bo's view, Sichuan is inland, in the process of building a free trade zone, and Does not occupy an innate advantage.

Therefore, making "differentiation" is the "breakthrough point." "To form a successful free trade zone with characteristics, the first is to use the 'Belt and Road' as a handle to form a trade on the Silk Road, and the second is to strengthen service trade. These are the breakthrough points of the Sichuan Free Trade Zone." Chen Bo suggested.

In addition, in May of this year, General Secretary Xi Jinping proposed at the “Belt and Road” summit forum that “Belt and Road” must be completed in order to achieve five links, policy communication, facility connectivity, trade smoothness, capital finance, and people's hearts.

Chen Bo believes that this "five links" has rich economic implications, that is, institutional cooperation must be guaranteed, trade proportions should be effectively presented, trade costs should be effectively reduced, financial open investment should be implemented, and service industries should be open to each other. . "Summary of these is the reform task of the free trade pilot zone. If the innovation in the free trade zone is not good, the ‘One Belt and One Road’ may lack a systematic guarantee to promote.” Chen Bo stressed.

                (Editor: DF118)

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