金瑞庭：持续扩大更高水平对外开放

Core Views - China's modernization is characterized by openness, with significant progress in foreign trade and investment during the 14th Five-Year Plan period, laying a solid foundation for higher-level openness in the 15th Five-Year Plan period [1][2][5] Group 1: Achievements in Foreign Trade - China's foreign trade has achieved both quantity and quality improvements, maintaining its position as the world's largest goods trader for eight consecutive years, with service trade exceeding $1 trillion [2] - The structure of trade has been optimized, with an increase in the proportion of general trade, indicating enhanced industrial competitiveness and modernization [2] - Knowledge-intensive service trade has grown rapidly, with new business models like cross-border e-commerce injecting vitality into foreign trade [2] Group 2: Investment Trends - The level of bilateral investment has steadily increased, with China reducing the negative list for foreign investment and creating a favorable business environment [3] - China's outbound investment has contributed over $300 billion in taxes to host countries and has led to significant job creation [3] - High-tech industries have seen a notable increase in foreign investment, reflecting a shift towards more advanced sectors [3] Group 3: Institutional Opening - The transition from factor flow-based opening to institutional opening has been emphasized, focusing on rules, regulations, and standards [3] - China is committed to maintaining a multilateral trade system centered around the WTO and has pledged not to seek special treatment in current and future negotiations [3] Group 4: Belt and Road Initiative - The Belt and Road Initiative has evolved into a popular international public good, with over three-quarters of countries participating and numerous cooperation agreements signed [4] - The initiative has facilitated significant infrastructure and trade connectivity projects, enhancing cooperation with participating countries [4] Group 5: Strategic Directions for Future Openness - The 15th Five-Year Plan period is crucial for achieving socialist modernization, with a strong commitment to high-level openness despite external challenges [5][6] - China aims to actively design its openness strategy, focusing on service sector expansion and aligning with international trade rules [6] Group 6: Trade Innovation and Development - The focus is on transforming trade to balance scale and quality, with an emphasis on high-end goods and services, as well as digital trade [7] - Efforts will be made to enhance the competitiveness of key components and materials while expanding into emerging markets [7] Group 7: Investment Cooperation - China aims to optimize the investment environment and enhance the quality of foreign investments, with a focus on high-end manufacturing and technology [8] - The country is committed to improving its overseas investment management and service systems to support enterprises in international markets [8] Group 8: High-Quality Belt and Road Cooperation - The Belt and Road Initiative will focus on high-quality, sustainable development, with an emphasis on strategic alignment with partner countries [9] - Cooperation will be deepened in trade, investment, and emerging fields such as green energy and digital technology [9]