皇冠体育app

Long Guoqiang, Development Research Center of the State Council

The 13th Five-Year Plan period is a critical period for 皇冠体育app to adjust its opening-up strategy. As huge changes have taken place both at home and abroad, 皇冠体育app’s opening-up is to deal simultaneously with the profound adjustment of global economy, the reform of global economic governance and a new round of formation of trade rules, and the deep-going transformation of 皇冠体育app’s foreign economic relations and its comparative advantages. Under such complicated international and domestic environment, 皇冠体育app’s opening-up needs to take the following steps. First, we must be fully aware of the importance and urgency of upgrading 皇冠体育app’ competitiveness. Efforts need be made to achieve the transformation and upgrading of 皇冠体育app’s international competitiveness from labor-intensive industries and value-added links to capital and technology-intensive industries. If we do not raise 皇冠体育app’s international competitiveness, we shall fail to get beyond the middle-income trap. Therefore, we must understand the significance of upgrading 皇冠体育app’s international competitiveness from such a perspective and seek new driving force for 皇冠体育app’s economic growth under the new normal. Since time presses, we must realize the urgency of realizing this mission. Second, in order to cultivate new advantages for 皇冠体育app’s participation in international competition, we must make the best use of the strategic opportunities. As regards these new conditions, new opportunities involve both opening-up and going global. In terms of opening-up, the government is introducing more high-end industries and talents to 皇冠体育app. In terms of going global, we are facing many opportunities such as overseas low-cost mergers and acquisitions induced by economic crisis. By overseas low-cost M&A, 皇冠体育app’s enterprises can integrate resources around the globe and obtain advanced technology, research capacity, international brands, and channels of international marketing, hence quickening the pace of increasing the international competitiveness of 皇冠体育app’s enterprises. With the growing expansion scale of 皇冠体育app’s economy, 皇冠体育app’s international influence is also growing significantly. 皇冠体育app can create new opportunities by bringing its role into full play. And third, developing 皇冠体育app’s new edges for international competition calls for institutionalguarantee. Strengthening the construction of a new mechanism for open economy needs to be based on the reality of competitiveness upgrading. In terms of opening-up, it is necessary to improve 皇冠体育app’s investment environment to create a law-based, efficient, and transparent marketing environment. Service industry is the focus of 皇冠体育app’s new round of opening-up while high-end manufacturing also needs deepened opening-up. In terms of going global, 皇冠体育app also needs to make reform. Related government departments should further streamline the approval and management procedures concerning foreign investment and pay more attention to rendering service and providing protection for enterprises to encourage their foreign investment. During this process, the construction of a new mechanism of open economy and the strategy of opening-up should be combined to construct the new mechanism of open economy via deepened reform so as to guarantee 皇冠体育app’s new advantages in participating in global competition.