In this issue, our column continues to focus on the chapter “Applying a New Vision of Development and Developing a Modernized Economy” of the report delivered by General Secretary Xi Jinping of the Communist Party of China Central Committee at the 19th CPC National Congress. We present another two aspects of the chapter.
Implementing the Coordinated Regional
We will devote more energy to speeding up the development of old revolutionary base areas, areas with large ethnic minority populations, border areas, and poor areas. We will strengthen measures to reach a new stage in the large-scale development of the western region; deepen reform to accelerate the revitalization of old industrial bases in the northeast and other parts of the country; help the central region rise by tapping into local strengths; and support the eastern region in taking the lead in pursuing optimal development through innovation. To this end, we need to put in place new, effective mechanisms to ensure coordinated development of different regions.
We will create networks of cities and towns based on city clusters, enabling the coordinated development of cities of different sizes and small towns, and speed up work on granting permanent urban residency to people who move from rural to urban areas. We will relieve Beijing of functions nonessential to its role as the capital and use this effort to drive the coordinated development of the Beijing-Tianjin-Hebei region; and we will develop forward-looking plans and adopt high standards for building the Xiongan New Area. We will facilitate the development of the Yangtze Economic Belt by promoting well-coordinated environmental conservation and avoiding excessive development. Support will be given to resource-depleted areas in their economic transformation. We will accelerate development in the border areas, and ensure their stability and security. We will pursue coordinated land and marine development, and step up efforts to build China into a strong maritime country.
Making New Ground in Pursuing Opening-up
on All Fronts
Openness brings progress, while self-seclusion leaves one behind. China will not close its door to the world; we will only become more and more open.
We should pursue the Belt and Road Initiative as a priority, give equal emphasis to “bringing in” and “going global,” follow the principle of achieving shared growth through discussion and collaboration, and increase openness and cooperation in building innovation capacity. With these efforts, we hope to make new ground in opening China further through links running eastward and westward, across land and over sea.
We will expand foreign trade, develop new models and new forms of trade, and turn China into a trader of quality. We will adopt policies to promote high-standard liberalization and facilitation of trade and investment; we will implement the system of pre-establishment national treatment plus a negative list across the board, significantly ease market access, further open the service sector, and protect the legitimate rights and interests of foreign investors. All businesses registered in China will be treated equally.
We will improve the balance in opening our different regions, and open the western region wider. We will grant more powers to pilot free trade zones to conduct reform, and explore the opening of free trade ports. We will develop new ways of making outbound investments, promote international cooperation on production capacity, form globally-oriented networks of trade, investment and financing, production, and services, and build up our strengths for international economic cooperation and competition.