（Source: "Daily Economic News" 2024-12-13)

The Central Economic Work Conference was held in Beijing from December 11 to 12.

The meeting determined that high-level opening up will be expanded next year to stabilize foreign w88 login and foreign investment. In an orderly manner, expand independent opening up and unilateral opening up, steadily expand institutional opening up, promote the quality and efficiency improvement of free w88 login pilot zones and expand the mandate of reform tasks, and accelerate the implementation of the core policies of Hainan Free w88 login Port.

Actively develop service w88 login, green w88 login, and digital w88 login. Deepen the reform of the system and mechanism for promoting foreign investment.

What role will orderly expand independent opening up and unilateral opening play in stabilizing foreign w88 login and foreign investment? What signals does this year's Central Economic Work Conference emphasizes the steady expansion of institutional opening up?

Focusing on the above series of issues, the reporter of "Daily Economic News" (hereinafter referred to as NBD) conducted an exclusive interview with Sang Baichuan, dean of the Institute of International Economics, University of International Economics.

Orderly expand independent opening and unilateral opening

NBD: Why did this year's Central Economic Work Conference emphasize orderly expanding independent opening and unilateral opening? What role will it play in stabilizing foreign w88 login and foreign investment?

Sang Baichuan: The Central Economic Work Conference emphasizes the orderly expansion of independent opening up and unilateral opening up. Under the changes in the global economy, the threat of unilateralism and w88 login protectionism has had a serious impact on the world economy, and economic globalization faces many uncertainties. Against this background, international economic cooperation has also encountered a huge impact.

Agreement opening is an important foundation for opening up to the outside world, but under the impact of w88 login protectionism and unilateralism, the difficulty of opening up of agreements is increasing. Therefore, China attaches more importance to unilateral opening and independent opening up. This is a practical action to practice open multilateralism and support economic globalization. It is also an important force in promoting the stable progress of the world economy, and it is more conducive to creating a favorable external environment and institutional conditions for China's foreign economic and w88 login development.

NBD: Can the implementation of orderly expanding independent opening and unilateral opening break the deadlock in the implementation of w88 login protectionism by Europe and the United States against China?

Sang Baichuan: Unilateral and independent opening does not require the other country to be open, and even the other country will continue to implement w88 login protectionism. However, our proactive opening will bring more opportunities for w88 login and investment cooperation to other countries, allowing enterprises from other countries to share the opportunities in the Chinese market and participate in the development of the Chinese market. This is undoubtedly beneficial to foreign-funded enterprises. Enterprises are the microeconomic foundation of a country, so it may also force other countries to embark on the road of openness and achieve win-win cooperation.

Stably expand institutional opening

NBD: The meeting emphasized the steady expansion of institutional opening up. What kind of signal does this send?

Sang Baichuan: Foreign countries pay extensive attention to China's foreign w88 login transformation and upgrading. Through effective industrial policies, we have achieved remarkable results in cultivating a new generation of export products and promoting enterprise transformation and upgrading.

From the overall development of the national economy, many companies are targeting the direction of technological change, such as green w88 login, digital w88 login, etc. Unlike traditional labor-intensive products, products with high technical content, green and efficient, and meet the requirements of industrial and economic development, their international competitiveness is constantly improving.

So, China's foreign w88 login momentum is transforming under the influence of the market mechanism. At the same time, we have also created a good environment for the transformation and upgrading of enterprises through effective regulatory policies and created a good environment for the transformation and upgrading of foreign w88 login.

This year's Central Economic Work Conference emphasizes more on expanding institutional opening up, because a good open system can provide support for the development of enterprises' foreign w88 login. In a good environment, it can naturally stimulate the vitality of enterprises.

We saw that the meeting mentioned promoting the quality and efficiency improvement of free w88 login pilot zones and expanding the mandate of reform tasks, and accelerating the implementation of core policies of Hainan Free w88 login Port. This is also the practice of further expanding institutional opening in the process of independent and unilateral opening. Next, it is necessary to form an institutional environment for integrated innovation through greater efforts and authorization.

Deepen the reform of the system and mechanism for promoting foreign investment

NBD: The meeting proposed to deepen the reform of the system and mechanism for the promotion of foreign investment. What do you think is the focus of reform?

Sang Baichuan: The purpose of deepening the reform of the system and mechanism for promoting foreign investment is to more effectively play the role of investment promotion. in the country, investment promotion has a relatively complete and mature system, and each province and city has corresponding investment promotion institutions.

So, the improvement of the investment promotion system and the effective information transmission with foreign investors are all things that reforms need to be faced.

NBD: Looking ahead to next year, what role do you think exports will play in the entire economic growth process?

Sang Baichuan: In 2025, we will face a severe international environment. At present, global w88 login protectionism will not shrink in 2025, but may have greater variables and face greater challenges.

So, we regard stabilizing foreign w88 login and foreign investment as an important part of our economic work next year, and will serve as the focus of our foreign w88 login work through unilateral and independent opening up, as well as cultivating new foreign w88 login growth points such as green w88 login, service w88 login, and digital w88 login.

Original link: https://mbd.baidu.com/newspage/data/landingshare?context=%7B%22nid%22%3A%22news_8760690349694915594%22%2C%22sourceFrom%22%3A%22other%22%7D&isBdbo xFrom=1&pageType=1&rs=4042491648&ruk=5zi-nGDTDBtd2XQjBBE-lg&sid_for_share=99125_3&urlext=%7B%22cuid%22%3A%22givKf_OjvugOPvt1_av08_uVSt0piSiOguSYi0PgS8Km0qqSB%22%7D