张瑜:“十五五”期间 我国“制度型开放”特点将更鲜明
Sou Hu Cai Jing·2025-10-28 15:15

Core Viewpoint - China is transitioning from simple commodity and market openness to "institutional openness" during the 14th Five-Year Plan, aiming to establish a more systematic and high-standard international cooperation framework [1][3]. Group 1: Characteristics of Institutional Openness - The focus will shift towards high-standard international economic and trade rules, with emphasis on agreements like DEPA and CPTPP, which will include labor protection, environmental standards, and industrial subsidies [3][5]. - Two new trade characteristics are expected: a focus on green trade, digital trade, and high-value-added trade, along with increased unilateral openness to the poorest countries, showcasing China's commitment to maintaining openness amid rising protectionism [5][7]. Group 2: Stability of Foreign Trade - Despite global economic fluctuations and rising trade protectionism, China's foreign trade remains robust due to deep integration into global supply and demand structures [9][11]. - China's export and foreign cooperation space is projected to remain significant, supported by steady overseas demand from both emerging markets and developed countries, indicating resilience in the external demand environment [11][13]. Group 3: New Investment Opportunities - The 14th Five-Year Plan is expected to create larger platforms and investment spaces, with initiatives like the Hainan Free Trade Port lowering barriers in finance, healthcare, and education, thus opening new investment opportunities [13][15]. - There will be further standardization of outbound investments and a reduction in restrictions on foreign investments in China, enhancing the overall investment landscape [15].