my country's opening to the outside world has achieved significant results during the 13th Five-Year Plan

Since the 13th Five-Year Plan, China has persisted in promoting reform, development, and innovation through opening up, constantly improving new mechanisms for market allocation of resources, exploring new open economic operation and management models, fostering new competitive advantages in participating in international economic cooperation, and building a mutually beneficial and win-win situation. A diversified, balanced, safe and efficient new open economic system. In particular, the 19th National Congress of the Communist Party of China proposed to take the “Belt and Road” initiative as a guide, insist on both “bringing in” and “going out”, and building land-sea internal and external linkages, and east-west interaction A new pattern of comprehensive opening up of the economy; the Fourth Plenary Session of the 19th Central Committee of the Communist Party of China proposed to build a new higher-level open economic system, promote the opening of rules, regulations, management, and standards, and implement a larger scope, broader field, and deeper level. Opening up to the outside world. China’s new open economic system has been continuously improved, the level of trade and investment facilitation has been continuously improved, and the rule of law, marketization, and international business environment has been continuously optimized. Pilot free trade zones and Hainan free trade ports have pioneered and explored Significant results have been achieved. The construction of the “Belt and Road” has been steadily and far-reaching, the network of free trade zones facing the world has been continuously expanded, and the right to participate in global economic governance has been continuously improved.

First, the scale of utilization of foreign capital and the quality and benefit have been improved simultaneously. my country continues to improve the pre-access national treatment plus negative list management system, relax market access, expand the opening up of the service industry, and strengthen cooperation in opening up innovation capabilities. At the same time, deepening the reform of "delegating management and service", continuously optimizing the business environment with fair competition and efficient service, and further strengthened the confidence of foreign investment. The world ranking of China's business environment has risen from 78th to 31st. As of 2019, the cumulative actual The use of foreign capital exceeds US$2.2 trillion. In 2020, my country successfully responded to the impact of the new crown pneumonia epidemic, and the scale of foreign investment reached a record high. The actual use of foreign capital was 144.37 billion US dollars, an increase of 4.5%; the structure of foreign capital utilization continued to be optimized, and the absorption of foreign capital in high-tech industries and high-tech service industries increased by 11.4% and 28.5%, respectively. Among them, R&D and design, and the transformation of scientific and technological achievements increased by 78.8% and 52.7% respectively. my country's ultra-large-scale market has brought a strong attraction to multinational companies, and more than two-thirds of foreign-funded enterprises continue to make profits.

Second, the pace of "going out" is more solid and steady. As my country's comprehensive national strength has risen sharply, international cooperation in production capacity has continued to advance, the level of international operations of enterprises has been significantly improved, and direct foreign investment of enterprises has developed steadily. my country continues to standardize and develop foreign investment by enterprises, guide overseas investment enterprises to support the sustainable development of the host country, and abide by internationally accepted rules. In 2020, my country's foreign industry-wide direct investment was US$132.94 billion, a year-on-year increase of 3.3%. At the end of 2019, my country's foreign direct investment stock was nearly US$2.2 trillion, doubling from the end of 2015. The structure of foreign investment has been continuously optimized, with six major sectors including leasing and business services, wholesale and retail, finance, information transmission, manufacturing and mining accounting for more than 80% of the stock of foreign direct investment. Non-public economic holding entities have become half of my country's foreign investment, of which foreign investment accounted for 50.3% in 2019. International mergers and acquisitions are becoming increasingly active, becoming an important way for companies to allocate global resources and achieve international development.

Third, the international competitiveness of foreign trade has increased significantly. my country adheres to the strategy of independent innovation and promotes high-quality trade development. In terms of trade in goods, through the implementation of “five optimizations” and “three constructions”, 255 foreign trade transformation and upgrading bases have been cultivated, 105 cross-border e-commerce comprehensive pilot zones have been established and other measures have been adopted. At the same time, import tariffs have been lowered many times to promote trade in goods. "Big in and out" shift to "excellent in and out". my country has ranked first in the world in trade in goods for many consecutive years. In 2020, my country’s total imports and exports of goods will be 32.16 trillion yuan, an increase of 1.9% when global trade is shrinking sharply. Among them, exports will be 17.93 trillion yuan, an increase of 4%. The trade structure has continued to be optimized, and the structure of export commodities has shown an upward trend in the value chain. In 2020, my country's exports of mechanical and electrical products accounted for 10.66 trillion yuan, accounting for 59.4% of the total; exports of high-tech products were 5.37 trillion yuan, accounting for 29.9%. In 2020, general trade imports and exports are 19.25 trillion yuan, accounting for 59.9%; processing trade imports and exports are 7.64 trillion yuan, accounting for 23.8%. Private enterprises have become my country's largest foreign trade entity and the main force in stabilizing foreign trade. In 2020, the import and export of private enterprises will be 14.98 trillion yuan, an increase of 11.1%, and the total will account for 46.6%. The layout of the international market is becoming increasingly diversified. In 2020, my country's top five trading partners will be ASEAN, the European Union, the United States, Japan and South Korea in order. Imports and exports to these trading partners will increase by 7%, 5.3%, 8.8%, 1.2% and 0.7% respectively. New trade formats such as cross-border e-commerce, comprehensive foreign trade services, and market procurement trade are growing rapidly. In 2019, the import and export scale of new formats is equivalent to three times that of 2016. In 2020, the import and export of cross-border e-commerce was 1.69 trillion yuan, an increase of 31.1%, which promoted the growth of my country's trade. In terms of service trade, my country has continuously improved the service trade policy promotion system, relaxed market access for the service industry, improved the facilitation level of service trade, and promoted the development of new digital trade formats. A total of 28 national service trade innovation pilots and 31 service outsourcing demonstration cities have been established. There are 12 digital service export bases. Service trade has become an important force leading the transformation and upgrading of foreign trade, and my country has been the world's second largest country in service trade for many years. In particular, the digital economy is booming, the innovation-driven development strategy is intensified, and the integration of manufacturing and service industries has accelerated, which has promoted the rapid growth of knowledge-intensive service trade. In 2020, my country’s total service import and export totaled 4.56 trillion yuan, a decrease of 15.7%; but knowledge-intensive services bucked the trend, with imports and exports of 2.03 trillion yuan, an increase of 8.3%, accounting for 44.5% of the total, an increase of 9.9%. Among them, exports were 1.07 trillion yuan, an increase of 7.9%, and the total accounted for 55.3%, an increase of 4.6 percentage points. Intellectual property royalties, telecommunications, computer and information services, and insurance services increased by 30.5%, 12.8%, and 12.5%, respectively.

Fourth, the “Belt and Road” international market continues to expand in new space. High-quality promotion of the “Belt and Road” construction has become an important platform for jointly building an open world economy and building a community with a shared future for mankind. As of the end of 2020, my country has signed 203 cooperation documents for the joint construction of the “Belt and Road” with 138 countries and 31 international organizations. Strategic docking, economic and trade cooperation, and exchanges and cooperation in science and technology, education, culture, and health have been continuously strengthened. In 2020, my country’s trade in goods with countries along the “Belt and Road” reached US$1.35 trillion, accounting for 29.1% of the total; Chinese companies invested US$17.79 billion in non-financial direct investment in 58 countries along the “Belt and Road”, an increase of 18.3% , Accounting for 16.2% of the total, an increase of 2.6 percentage points; the turnover of foreign contracted projects completed by Chinese enterprises along the "Belt and Road" was US$91.12 billion, accounting for 58.4% of the total. my country has extensive cooperation with countries along the route in the fields of infrastructure and energy such as ports, railways, highways, aviation, communications and power, oil and gas, and new energy, and has signed capacity cooperation agreements with more than 40 countries. At the same time, it has established a third-party market cooperation mechanism with 14 countries including France and Japan.

Fifth, the pilot free trade zone and the Hainan Free Trade Port have become new heights for opening up to the outside world at a high level. At present, my country has established a total of 21 pilot free trade zones, which have continuously explored in terms of docking high-level international economic and trade rules, promoting trade and investment liberalization and facilitation, promoting the innovative development of service trade, and building a world-class business environment. More than 200 projects have been accumulated. The results of system innovation are replicated and promoted throughout the country. In April 2018, the Party Central Committee decided to support Hainan to gradually explore and steadily promote the construction of a free trade port with Chinese characteristics. The establishment of a free trade port policy and institutional system step by step and phased is of great strategic significance for building a new system for a higher level of open economy . Hainan will align with international rules in terms of free and convenient trade, free and convenient investment, free and convenient cross-border capital flow, free and convenient personnel in and out, free and convenient transportation, and safe and orderly flow of data, and gradually establish a high-level free trade port compatible with An internationally competitive tax system creates a clear banner and an important opening door that will lead my country's opening up in the new era.

Sixth, the global network of free trade zones continues to expand. At present, my country has successively signed 19 free trade agreements with 26 countries and regions, which has become an important platform for my country to participate in regional economic and trade cooperation. In particular, the signing of the Regional Comprehensive Economic Partnership Agreement (RCEP) in 2020 and the formal completion of the China-EU Investment Agreement negotiations mark a major breakthrough in my country’s free trade zone strategy. RCEP will promote the deep integration of the Asian regional supply chain and value chain, and inject strong impetus into regional economic integration. As a high-standard agreement, the China-EU Investment Agreement will open up a broader market for investment and cooperation between bilateral enterprises and create a better business environment.

First, the scale of utilization of foreign capital and the quality and benefit have been improved simultaneously. my country continues to improve the pre-access national treatment plus negative list management system, relax market access, expand the opening up of the service industry, and strengthen cooperation in opening up innovation capabilities. At the same time, deepening the reform of "delegating management and service", continuously optimizing the business environment with fair competition and efficient service, and further strengthened the confidence of foreign investment. The world ranking of China's business environment has risen from 78th to 31st. As of 2019, the cumulative actual The use of foreign capital exceeds US$2.2 trillion. In 2020, my country successfully responded to the impact of the new crown pneumonia epidemic, and the scale of foreign investment reached a record high. The actual use of foreign capital was 144.37 billion US dollars, an increase of 4.5%; the structure of foreign capital utilization continued to be optimized, and the absorption of foreign capital in high-tech industries and high-tech service industries increased by 11.4% and 28.5%, respectively. Among them, R&D and design, and the transformation of scientific and technological achievements increased by 78.8% and 52.7% respectively. my country's ultra-large-scale market has brought a strong attraction to multinational companies, and more than two-thirds of foreign-funded enterprises continue to make profits.

Second, the pace of "going out" is more solid and steady. As my country's overall national strength has risen sharply, international cooperation in production capacity has continued to advance, the level of corporate international operations has been significantly improved, and corporate foreign direct investment has developed steadily. my country continues to standardize and develop foreign investment by enterprises, guide overseas investment enterprises to support the sustainable development of the host country, and abide by internationally accepted rules. In 2020, my country's foreign industry-wide direct investment was US$132.94 billion, a year-on-year increase of 3.3%. At the end of 2019, my country's foreign direct investment stock was nearly US$2.2 trillion, doubling from the end of 2015. The structure of foreign investment has been continuously optimized, with six major sectors including leasing and business services, wholesale and retail, finance, information transmission, manufacturing and mining accounting for more than 80% of the stock of foreign direct investment. Non-public economic holding entities have become half of my country's foreign investment, of which foreign investment accounted for 50.3% in 2019. International mergers and acquisitions are becoming increasingly active, becoming an important way for companies to allocate global resources and achieve international development.

Third, the international competitiveness of foreign trade has increased significantly. my country adheres to the strategy of independent innovation and promotes high-quality trade development. In terms of trade in goods, through the implementation of “five optimizations” and “three constructions”, 255 foreign trade transformation and upgrading bases have been cultivated, 105 cross-border e-commerce comprehensive pilot zones have been established and other measures have been adopted. At the same time, import tariffs have been lowered many times to promote trade in goods. "Big in and out" shift to "excellent in and out". my country has ranked first in the world in trade in goods for many years. In 2020, my country’s total imports and exports of goods will be 32.16 trillion yuan, an increase of 1.9% when global trade is shrinking sharply. Among them, exports will be 17.93 trillion yuan, an increase of 4%. The trade structure continues to be optimized, and the structure of export commodities is showing a trend of upgrading the value chain. In 2020, my country's exports of mechanical and electrical products accounted for 10.66 trillion yuan, accounting for 59.4% of the total; exports of high-tech products were 5.37 trillion yuan, accounting for 29.9%. In 2020, general trade imports and exports are 19.25 trillion yuan, accounting for 59.9%; processing trade imports and exports are 7.64 trillion yuan, accounting for 23.8%. Private enterprises have become my country's largest foreign trade entity and the main force in stabilizing foreign trade. In 2020, the import and export of private enterprises will be 14.98 trillion yuan, an increase of 11.1%, and the total will account for 46.6%. The layout of the international market is becoming increasingly diversified. In 2020, my country's top five trading partners will be ASEAN, the European Union, the United States, Japan and South Korea in order. Imports and exports to these trading partners will increase by 7%, 5.3%, 8.8%, 1.2% and 0.7% respectively. New trade formats such as cross-border e-commerce, comprehensive foreign trade services, and market procurement trade are growing rapidly. In 2019, the import and export scale of new formats is equivalent to three times that of 2016. In 2020, the import and export of cross-border e-commerce was 1.69 trillion yuan, an increase of 31.1%, which promoted the growth of my country's trade. In terms of service trade, my country has continuously improved the service trade policy promotion system, relaxed market access for the service industry, improved the facilitation level of service trade, and promoted the development of new digital trade formats. A total of 28 national service trade innovation pilots and 31 service outsourcing demonstration cities have been established. There are 12 digital service export bases. Service trade has become an important force leading the transformation and upgrading of foreign trade, and my country has been the world's second largest country in service trade for many years. In particular, the digital economy is booming, the innovation-driven development strategy is intensified, and the integration of manufacturing and service industries has accelerated, which has promoted the rapid growth of knowledge-intensive service trade. In 2020, my country’s total service imports and exports were 4.56 trillion yuan, down 15.7%; however, knowledge-intensive services bucked the trend. Imports and exports were 2.03 trillion yuan, an increase of 8.3%, accounting for 44.5% of the total, an increase of 9.9%. Among them, exports were 1.07 trillion yuan, an increase of 7.9%, and the total accounted for 55.3%, an increase of 4.6 percentage points. Intellectual property royalties, telecommunications, computer and information services, and insurance services increased by 30.5%, 12.8%, and 12.5%, respectively.

Fourth, the “Belt and Road” international market continues to expand in new space. High-quality promotion of the “Belt and Road” construction has become an important platform for jointly building an open world economy and building a community with a shared future for mankind. As of the end of 2020, my country has signed 203 cooperation documents for the joint construction of the “Belt and Road” with 138 countries and 31 international organizations. Strategic docking, economic and trade cooperation, and exchanges and cooperation in science and technology, education, culture, and health have been continuously strengthened. In 2020, my country’s trade in goods with countries along the “Belt and Road” reached US$1.35 trillion, accounting for 29.1% of the total; Chinese companies’ non-financial direct investment in 58 countries along the “Belt and Road” was US$17.79 billion, an increase of 18.3% , Accounting for 16.2% of the total, an increase of 2.6 percentage points; the turnover of foreign contracted projects completed by Chinese enterprises along the "Belt and Road" was US$91.12 billion, accounting for 58.4% of the total. my country has extensive cooperation with countries along the route in the fields of infrastructure and energy such as ports, railways, highways, aviation, communications and power, oil and gas, and new energy, and has signed capacity cooperation agreements with more than 40 countries. At the same time, it has established a third-party market cooperation mechanism with 14 countries including France and Japan.

Fifth, the pilot free trade zone and the Hainan Free Trade Port have become new heights for opening up to the outside world at a high level. At present, my country has set up 21 pilot free trade zones, which have continuously explored in terms of docking high-level international economic and trade rules, promoting trade and investment liberalization and facilitation, promoting the innovative development of service trade, and building a world-class business environment. More than 200 projects have been accumulated. The results of system innovation are replicated and promoted throughout the country. 2018

In April 2004, the Party Central Committee decided to support Hainan to gradually explore and steadily promote the construction of a free trade port with Chinese characteristics. The establishment of a free trade port policy and institutional system step by step and phase by step is of great strategic significance for building a new higher-level open economic system. Hainan will align with international rules in terms of free and convenient trade, free and convenient investment, free and convenient cross-border capital flow, free and convenient personnel in and out, free and convenient transportation, and safe and orderly flow of data, and gradually establish a high-level free trade port compatible with An internationally competitive tax system creates a clear banner and an important opening door that will lead my country to the outside world in the new era.

Sixth, the global network of free trade zones continues to expand. At present, my country has successively signed 19 free trade agreements with 26 countries and regions, which has become an important platform for my country to participate in regional economic and trade cooperation. In particular, the signing of the Regional Comprehensive Economic Partnership Agreement (RCEP) in 2020 and the formal completion of the China-EU Investment Agreement negotiations mark a major breakthrough in my country’s free trade zone strategy. RCEP will promote the deep integration of the Asian regional supply chain and value chain, and inject strong impetus into regional economic integration. As a high-standard agreement, the China-EU Investment Agreement will open up a broader market for investment and cooperation between bilateral enterprises and create a better business environment.