Core Insights - The construction of a nationwide unified market in China is crucial for countering uncertainties in international circulation by leveraging the certainty of domestic circulation [2][3] - The achievements during the "14th Five-Year Plan" period highlight the acceleration of building a unified market, showcasing the internal circulation advantages of a large economy [3][5] Summary by Sections Importance of the Unified Market - The unified market is essential as it addresses the need for a stable domestic economy amidst changing external conditions, promoting the smooth flow of resources across regions [2][3] - The market resources are identified as a significant advantage for China, which must be fully utilized to support the new development pattern [2] Achievements During the "14th Five-Year Plan" - The construction of the unified market has gained momentum, with significant contributions from both supply and demand sides, enhancing market vitality [3] - The establishment of a unified electricity market has been a notable achievement, with market-based trading accounting for 63% of total electricity consumption by 2024 [5] Infrastructure and Logistics Development - The development of high-standard infrastructure has accelerated, significantly reducing transaction costs across the economy [6] - The logistics network has expanded, with the total operational mileage of the national transportation network increasing by over 300,000 kilometers compared to the previous five-year plan [6] Consumer Market Dynamics - Consumer spending has contributed an average of 56.2% to economic growth during the "14th Five-Year Plan," with retail sales expected to exceed 50 trillion yuan by 2025 [6] - New consumption trends are emerging, including digital consumption and AI-driven purchasing, indicating a shift towards innovative market dynamics [6] Reform and Open Market Strategies - The key to achieving the unified market's goals lies in reforming the relationship between government and market, fostering a fair competitive environment [7] - The government has streamlined market access regulations, reducing the negative list of market entry by one-third, thus enhancing efficiency [7][10] - The focus on high-level institutional openness aims to create a world-class business environment, facilitating international trade and investment [10]

Core Viewpoint - The article emphasizes the strategic direction for the development of China's offshore financial system, aligning it with the Shanghai International Financial Center, highlighting its role in enhancing national financial competitiveness and supporting the internationalization of the Renminbi [1][22]. Summary by Relevant Sections Offshore Financial System - The offshore financial system is not merely a combination of "overseas accounts + foreign currency business," but a comprehensive institutional ecosystem that integrates five dimensions: financial, institutional, governance, spatial, and strategic [3][6]. Financial Dimension - This includes offshore accounts such as OSA (Offshore Accounts), FT (Free Trade Accounts), and NRA (Non-Resident Accounts), as well as offshore bonds, funds, banks, and insurance services [3]. Institutional Dimension - It encompasses applicable laws, judicial arbitration, regulatory rules, tax policies, and compliance standards [4]. Governance Dimension - This involves cross-border regulatory cooperation, data governance, anti-money laundering, anti-tax avoidance, and ESG (Environmental, Social, and Governance) standards [5]. Spatial Dimension - It relies on offshore financial functional zones, international financial centers, and cross-border cooperation platforms [6]. Strategic Dimension - The system aims to serve the internationalization of the Renminbi and the Belt and Road Initiative, aligning with high-standard rules such as CPTPP and DEPA, and requires pilot verification through free trade experimental zones [6]. Core Functions of the Offshore Financial System - The system's core functions are reflected in three aspects: establishing institutional pricing power for Renminbi-denominated assets, optimizing global capital efficiency, and transforming domestic regulatory experiences into international rules [7][8]. Challenges in the Current System - The current offshore financial system faces challenges such as institutional supply lagging behind strategic demand, fragmentation of regulations, and a lack of a unified legal framework [9][10][11]. Proposed Institutional Framework - A proposed "1+N+X" framework includes the establishment of an Offshore Financial Law, specialized business regulations, and local differentiated pilot programs to enhance the system's effectiveness [13][14]. Legal and Taxation Improvements - Recommendations include creating an "offshore legal applicability zone," upgrading the account system to integrate both domestic and foreign currency functions, and optimizing the tax system to attract more offshore entities [14][17]. Integrated Innovation - The article advocates for a "six-in-one" integrated innovation approach that combines finance, law, taxation, governance, spatial planning, and international rules to create a robust offshore financial ecosystem [15][18]. Future Direction - The construction of a Chinese offshore financial system should focus on institutional confidence, avoiding the mere replication of models from Hong Kong and Macau, and instead, aim to be a rule-setting entity in the global financial landscape [20][21].

专家认为，未来5年，我国的外贸环境仍然面临着很多不确定性，我们要持续推进高水平的制度型开放，打造一流的营商环境，与世界各国实现互利共 赢。我国要继续发挥超大规模市场优势，充分释放消费和吸引外资的双重潜力。 "十四五"期间，我国高水平对外开放步伐加快，自贸试验区总数达到22个，制度型开放格局不断完善。我国在上海等有条件的自贸试验区以及海南自由 贸易港，主动对接《全面与进步跨太平洋伙伴关系协定》和《数字经济伙伴关系协定》这些高标准经贸规则，累计推出了两批共110余项试点措施，涉及贸 易、投资、知识产权、政府采购、环境保护等重点领域。 对外经贸大学中国开放经济理论研究院院长 桑百川：自贸试验区和自贸港是中国特殊的开放平台，以此为抓手它不仅仅是吸收外资、扩大对外贸易的 一个重要的平台，它已经成为国内重要的经济发展极，而且它们在创造可复制、可推广的经验方面，也走在了前列，引领着整个中国对外开放的高水平发 展。 央视网消息："十四五"期间，我国贸易强国建设不断迈上新台阶，对外开放取得累累硕果。下一个五年，如何继续扩大高水平对外开放，促进高质量发 展？来看专家的解读。 专家表示，"十四五"期间，我国货物贸易、服务贸易、数字 ...

Core Insights - The first China Comprehensive Bonded Zone Development International Forum highlighted the transformation and sustainable development of free trade zones and bonded zones in response to global economic changes [3][4]. Group 1: Forum Highlights - The forum emphasized the importance of openness, integration, and innovation as key themes for the sustainable development of comprehensive bonded zones [3]. - Industry leaders and experts discussed how free trade zones are evolving from policy testing grounds to open hubs and innovation ecosystems, facilitating global cooperation [3][4]. - The World Free Zones Organization's chairman stated that free zones should act as bridges for global economic integration, especially in a fragmented world [3]. Group 2: China's Special Zones - In 2024, China's special zones are projected to achieve an import and export value of 8.37 trillion yuan, a year-on-year increase of 4.6%, accounting for 19.1% of the national foreign trade total [4]. - China currently has 174 special zones, including 168 comprehensive bonded zones, covering all 31 provinces and municipalities, playing a crucial role in foreign trade growth, foreign investment attraction, and job creation [4]. - The functions of these zones are diversifying from traditional bonded logistics and processing to new business models such as bonded maintenance, research and testing, cross-border e-commerce, and financial leasing [4]. Group 3: Global Practices and Innovations - The Dubai Comprehensive Economic Zone has successfully transformed from a traditional trade free zone to a comprehensive economic zone by optimizing policies, enhancing infrastructure, and connecting with international markets [5]. - Shanghai's Waigaoqiao Bonded Zone, established in 1990, has attracted over 20,000 enterprises, including more than 7,300 foreign-funded companies, due to its international business environment and strong manufacturing capabilities [5]. - The Qianhai Comprehensive Bonded Zone in Shenzhen is leveraging its unique advantages to focus on bonded processing and new service trade models, capitalizing on cooperation opportunities with Hong Kong [5]. Group 4: Regulatory Innovations - Hainan Free Trade Port's "zero tariff" policy has benefited over 500 enterprises, with tax exemptions exceeding 800 million yuan, and customs-registered enterprises surpassing 77,000, achieving seven consecutive years of foreign trade growth [6]. - The Haikou Customs is implementing innovative regulatory practices through technology, credit management, and adaptive supervision to ensure supply chain stability [6]. - The establishment of free zones is viewed as a means to achieve prosperity, with a call for cooperation and innovation to build more efficient trade supply chains [6].

Core Insights - China's service trade is entering a new development stage characterized by continuous expansion, structural optimization, and accelerated transformation of momentum. The total service trade volume is expected to exceed $1 trillion for the first time in 2024, marking a historical high [1] Group 1: Growth and Structure - The service trade's total import and export volume exceeded $737 billion in the first eight months of this year, indicating robust growth that contributes to global economic certainty [1] - Knowledge-intensive services are becoming a new growth engine, with exports in telecommunications, computer, and information services increasing. Digital cultural products like online literature and games are gaining traction internationally [2] - Travel services are experiencing a strong recovery, with the expansion of visa-free policies significantly enhancing the attractiveness of China as a travel destination, transforming travel services from a major source of trade deficit to a key factor in narrowing it [2] Group 2: Challenges and Opportunities - Despite the growth, traditional service sectors like logistics and construction still dominate, while high-value services such as finance and legal services have a high import dependency of 60% [3] - The eastern region contributes nearly 80% to the national service trade, while the central and western regions, despite rapid growth, remain small in scale. There is a lack of sufficient voice in global rule-making for service trade [3] - Recent policies from the Ministry of Commerce and other departments aim to promote service exports through 13 specific measures, focusing on digital and green services as key support areas [4] Group 3: Policy and Strategic Alignment - The development of high-quality service trade should align closely with the strategy to expand domestic demand, as service consumption has become a crucial driver for domestic demand growth [4] - Encouragement of scenario innovation and business model integration is essential to increase the supply of quality services, leveraging China's large market and potential to attract global resources [4]

Core Insights - The establishment of Hainan Free Trade Port (FTP) signifies a new era of institutional openness and has global implications amidst a shifting world economic landscape [2][4] - Hainan FTP is expected to attract a significant influx of international capital and enterprises, enhancing its status as a highland of reform and opening up [5][7] Group 1: Historical Significance - Hainan FTP represents a higher standard of openness and reform, marking a new historical starting point in China's economic development [2][4] - The initiative is seen as a response to global economic challenges and a commitment to defending economic globalization [2][4] Group 2: Attractiveness for Enterprises - The financial innovations and special financial arrangements in Hainan, such as the establishment of the EF account system, are designed to facilitate investment and trade [5][6] - The potential for "ten thousand enterprises" to move to Hainan is anticipated due to its higher standards of openness and integration into global industrial chains [2][4] Group 3: Financial Innovation - Hainan's issuance of RMB bonds in Hong Kong exemplifies its financial facilitation and serves as a model for local government financing [7][8] - The role of Hainan in the Belt and Road Initiative is emphasized, with expectations for the RMB to be used as a financing tool for infrastructure projects [8] Group 4: Service Industry Development - Hainan aims to enhance its service industry standards by attracting advanced education and healthcare services, addressing the existing trade deficit in service sectors [9][10] - The establishment of international medical and educational institutions in Hainan is expected to increase its appeal for domestic and international students and patients [9][10] Group 5: Economic Benefits for Residents - The development of Hainan FTP is projected to improve the living standards and income levels of local residents, contributing to overall economic growth [10]

Core Insights - China's service trade is projected to exceed $1 trillion for the first time in 2024, marking a historic high and providing greater certainty for global economic development [1] Group 1: Growth and Structural Changes - The service trade's total import and export volume surpassed $737 billion in the first eight months of this year, indicating robust growth [1] - Knowledge-intensive services are emerging as a new growth engine, with significant increases in exports of telecommunications, computer, and information services [2] - The travel service sector is experiencing a strong recovery, with the expansion of visa-free policies attracting more international tourists to China [2] Group 2: Technological Empowerment - The recent China International Service Trade Fair showcased advanced technologies such as AI and 5G/6G, highlighting their integration into various sectors like finance, education, and healthcare [2] Group 3: Current Challenges - Traditional service sectors like logistics and construction still dominate, while high-value services such as finance and legal services have a high dependency on imports [3] - The eastern region contributes nearly 80% to the national service trade, while the central and western regions, despite rapid growth, remain small in scale [3] - China's participation in global digital service trade standard-setting is below 15%, limiting its influence in key areas like data cross-border flow and digital taxation [3] Group 4: Policy Initiatives - Recent policies from the Ministry of Commerce and other departments aim to promote service exports through 13 specific measures targeting financing difficulties and data flow issues [4] - The focus is on supporting new business models like digital and green services, with a comprehensive policy framework to guide future development [4] - The development of high-quality service trade is closely linked to domestic demand expansion, encouraging the supply of quality services through innovative scenarios and business integration [4]

来源：中国新闻网 "海南全岛封关后，将实施更加优惠的货物'零关税'政策、更宽松的贸易管理措施、更便利的人员交通 安排，以及更高效精准的监管模式。"中国国际投资促进会会长房爱卿10日在海口表示，这不仅为中国 特殊经济功能区的发展提供"海南样板"，也为全球自贸港建设贡献"中国方案"。 "特殊功能经济区是贸易投资的'排头兵'。"房爱卿说，这些功能区通过动能集成与政策赋能，持续提升 贸易投资便利化水平。 数据显示，2024年，中国国家级经济技术开发区完成外贸进出口额10.7万亿元，占全国外贸总额的 24.5%；实际利用外资272亿美元，占全国实际使用外资的23.4%。 10月10日，第十一届世界自由区组织大会在海口开幕。图为中国国际投资促进会会长房爱卿在大会上发 言。 中新网记者 骆云飞 摄 第十一届世界自由区组织大会当日在海口开幕。房爱卿在讲话中表示，海南自贸港全岛封关运作将于12 月18日正式启动，这标志着海南自贸港建设从封关准备迈向全面运营的新阶段，是中国推进制度型开放 的重要里程碑。 回顾中国特殊经济功能区的发展历程，房爱卿分享道，历经40多年探索，中国已构建起多层次、多类 型、多功能支撑的开放平台体系。从1 ...

Core Insights - The Hainan Free Trade Port will officially start its island-wide customs closure operation on December 18, 2025, marking a significant milestone in China's economic reform and opening-up strategy [1] Group 1: Significance of Customs Closure - The upcoming customs closure operation is seen as a symbol of institutional openness, reflecting the global economic restructuring [1] - Hainan Free Trade Port aims to achieve a higher standard of openness, attracting global enterprises and integrating into global industrial chains [1] Group 2: Attractiveness to Enterprises - Increased financial facilitation is expected to draw more international capital into Hainan, positioning it as a highland for reform and opening-up [1] - The focus on high-standard sectors such as education and healthcare will lead to the establishment of more schools and hospitals in Hainan post-closure [1] Group 3: Consumption Potential - Hainan is encouraged to enhance its efforts in duty-free shopping, healthcare, and education to maximize its consumption potential [1]

央视网消息（焦点访谈）：稳外贸、稳外资，扩大高水平对外开放——这是推动经济高质量发展的关键支撑。第五批"活力中国调研 行"走进上海、江苏、海南，深入探寻三地在开放前沿的创新实践。从上海打造全球资源配置枢纽、江苏建设双向开放高地，到海南 加快建设中国特色自由贸易港，三地以制度型开放为引领，以重大平台为支撑，不断优化营商环境、激发外企投资信心、拓展外贸 新增长点。一场以开放促改革、促创新、促发展的深层变革，正在加速推进。让我们共同来见证这场面向全球、链接未来的开放跃 升。 上海坚定不移扩大高水平对外开放，外贸外资稳中提质，经济韧性持续增强。今年1—8月，全市实现外贸额2.94万亿元，增长4.5%； 8月单月出口额突破1830亿元，创历史新高。"十四五"以来，上海年均新设外资企业超5700家，上海始终是全球资本投资的首选地之 一。 上海市市长龚正："作为我国改革开放的前沿阵地和世界观察中国的重要窗口，上海在全面深化改革、扩大高水平对外开放中始终发 挥着风向标作用。我们通过持续扩大开放极大激发了经济发展内生动力。目前，外资企业贡献了全市约三分之一的税收、四分之一 的GDP、五分之一的就业和近40%的工业总产值、50% ...