Abstract The first China Entrepreneur Boao Forum, hosted by Xinhua News Agency China Economic Information Agency, was held in Hainan with the theme of “Integration and Win-Win and the New Dream of Creating Silk Roadâ€. During the forum, China Securities Journal reporter learned that in order to deepen China's economic and trade development along the “Belt and Road†countries,...
The first China Entrepreneur Boao Forum, hosted by Xinhua News Agency China Economic Information Agency, was held in Hainan with the theme of “Integration and Win-Win and the New Dream of Creating Silk Roadâ€. During the forum, China Securities Journal reporter learned that in order to deepen the economic and trade development between China and the countries along the “Belt and Roadâ€, relevant departments have formulated a programmatic document based on the “Vision and Action of the Silk Road Economic Belt and the 21st Century Maritime Silk Roadâ€. A number of plans and measures, the implementation of current policy rules into the substantive phase, and some new initiatives such as promoting trade security and facilitation are expected to be released in the near future. Analysts said that with the continuous refinement of the "One Belt, One Road" policy, economic and trade cooperation with the "One Belt, One Road" as the carrier will be further strengthened. It is expected that bilateral and multilateral cooperation will become the main line in the future. On this basis, the construction of free trade zones is expected. accelerate. The new round of free trade zone construction is expected to accelerate
Over the past year or more, the “One Belt, One Road†vision and action program has been signed. China has signed various cooperation agreements with relevant countries and signed a number of medium- and long-term plans, which have played an important role in the continuous advancement of the “Belt and Road†construction. The former deputy director of the International Cooperation Center of the National Development and Reform Commission and the member of the Expert Committee of the China International Economic and Technical Cooperation Promotion Association, Huo Quan, said at the forum of "Joining the Belt and Road" to achieve a win-win situation between government and enterprises. So far, China has signed with more than 30 countries. Memorandum or cooperation agreement, for example, the framework of the economic corridor of China, Mongolia and Russia, the framework of the China-Pakistan Economic Corridor, and the framework of China's Bangladesh-Burma Economic Corridor. Some of these frameworks have already been implemented. In addition, a number of relatively mature projects have been implemented in various areas such as infrastructure and interconnection.
For the next step of the “Belt and Road†construction, Horne said that we must first handle the various domestic relations. He said that because the "Belt and Road" construction not only has national planning and action plans, the provinces are also doing some planning, and the "Belt and Road" construction in all regions must be consistent with the national program. In addition, the current situation of enterprises alone is not conducive to The development of the “One Belt, One Road†vision should be led by the government. In the process of development, enterprises should pay attention to both economic and social effects, paying attention to capital investment and financial assistance.
Chi Fulin, dean of the China (Hainan) Reform and Development Research Institute and vice president of the China Economic System Reform Research Association, said that in the context of promoting the “Belt and Roadâ€, China should rely on infrastructure and focus on service trade to establish The free trade zone network aims to accelerate the development of trade in services.
Chi Fulin said that the reason why the new round of free trade zone network is the focus of the “Belt and Road†construction is because the demand for private services in China is growing rapidly, urban demand is rising by two percentage points per year, and by 2020, 800 million people. Consumption expenditures in services such as medical health tourism are a huge market on a global scale. In addition, by 2020, China will form a new pattern of economic growth driven by the service industry. In this context, the “Belt and Road†cannot be a simple output, and it is necessary to combine China's production capacity with the needs of some countries.
In the context of the global trade liberalization trend focusing on trade in services, trade protectionism has clearly risen in the past two years. Chi Fulin believes that if China can start a new round of free trade zone with the focus on free trade, then it can use the "Belt and Road" as a carrier to build various forms of free trade zones and oppose trade protectionism. He suggested that multilateral, bilateral, regional, and global free trade zones can be established along the “Belt and Roadâ€, or they can be established in one direction, such as establishing energy economic circles with certain Central European countries, and building a tourism economic circle with Asia and Europe. .
Trade facilitation measures plus code
A number of participants said that the key to realizing the smooth flow of the “Belt and Road†trade is to promote trade facilitation among countries along the route. At the sub-forum of “Trade Facilitation and Interconnection between the Belt and Roadâ€, relevant personnel of the Customs Department revealed that the customs and entry-exit inspection and quarantine departments have issued a number of measures to maintain trade security and convenience and promote regional economic cooperation. To further promote trade security and facilitation, some new initiatives will be released in the near future.
Cai Junwei, Director of Research Division II of the Research Office of the General Administration of Customs, introduced that the General Administration of Customs issued an implementation plan for the implementation of the “Belt and Road†earlier, focusing on information exchange, mutual recognition and mutual assistance, and mutual assistance in law enforcement. At present, the General Administration of Customs is strengthening cooperation between cross-sector areas, inter-departmental and cross-border circles from both domestic and international levels, promoting the formation of all-round and multi-level interconnection, striving to move toward the goal of “closing the world†and promoting “ The Belt and Road Initiative is unimpeded.
Wang Bin, research center of the General Administration of Customs, said that all-round interconnection is based on trade security and convenience. The General Administration of Customs has established an efficient, standardized and coordinated customs clearance procedures through the construction of a three-dimensional transportation network based on international multimodal transport, and the integration of platforms between various government departments, business sectors and global supply chain participants. The system, in the premise of ensuring safety, achieves maximum convenience and customs clearance. In addition, on the basis of facilitating customs clearance, it is necessary to further reduce trade costs, achieve smooth trade, and continuously promote trade facilitation among countries along the “Belt and Road†to promote the common development of trade along the line.
To further strengthen trade security and convenience, the General Administration of Customs is developing and improving some new initiatives. Guo Shusong, deputy researcher of the Enterprise Management Department of the Inspection Department of the General Administration of Customs, said that the General Administration of Customs has basically completed the revision and improvement of the AEO (certified operator) policy, and the new policy is expected to be released soon. In addition, the General Administration of Customs will soon incorporate the Smart Customs into the “13th Five-Year Plan†of the Customs to promote the development of trade facilitation.
Leverage "Internet +" to participate in the construction
Analysts believe that China's “One Belt, One Road†foreign investment is mainly concentrated in the infrastructure and equipment sectors. At the same time, new competitive advantages are also emerging, especially the growth of cross-border e-commerce is most significant. At this China Entrepreneur Boao Forum, many companies have taken cross-border e-commerce as an important path for the next step to participate in the “Belt and Road†construction.
As a representative of financial institutions, Guo Weimin, general manager of the Bank of China's Network Finance Department, said in the sub-forum that according to the data released by the China Foreign Exchange Administration, China's cross-border e-commerce import and export foreign exchange business since the implementation of the cross-border e-commerce pilot totaled 8.28 billion US dollars. Among them, the Bank of China has a business volume of US$3.82 billion, accounting for 46.1% of the total. In the future, Bank of China will continue to strengthen its customs with the model of “Domestic + Overseasâ€, “Commercial Bank + Investment Bank†and “Traditional Finance + Internet Financeâ€. The General Administration and cooperation have provided enterprises with financial services that are more convenient for tax payment and faster customs clearance, and promote the implementation of major national strategies for the “Belt and Road†and the construction of information technology at national ports and promote the development of foreign trade.
From the perspective of enterprises, more and more enterprises are leveraging the "Internet +" to participate in the "Belt and Road" construction.
Yin Yunlu, Chairman and CEO of Global Pharmaceutical Holdings Group, said that enterprises should take the Internet as an opportunity to follow the "One Belt, One Road" policy and the power of capital to do a good job in the "One Belt, One Road" ginseng industry Internet + development road. Yin Yunlu believes that the role of the Internet in the entire industry is to gradually substitute financial capital through the Internet system, gradually integrate the ginseng industry, and finally carry out traceability and marketization, push ginseng to the international market, and finally return to the capital market. Finally, the industry + Internet platform + financial capital model will be realized, which will promote the rapid development of the industry.
Li Hongyun, general manager of Tianjin Jinyaoguan Co., Ltd. said that under the background of vigorously promoting trade facilitation by relevant departments, the use of "Internet + customs declaration" to achieve independent declaration of relatively fixed goods will make trade more convenient. In Li Hongyun's view, the implementation of the "Internet + Customs Declaration" model is conducive to speeding up the survival of the fittest in the customs declaration industry and optimizing the market environment. He predicted that small and medium-sized customs declaration enterprises with low qualifications, insufficient core competitiveness and poor professional service level will withdraw from the market in future customs declaration enterprises.
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