综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Global EditionASIA 中文雙語(yǔ)Fran?ais
China
Home / China / Latest

Strategy shores up confidence for investors

By ZHOU LANXU and ZHONG NAN | China Daily | Updated: 2020-11-10 07:22
Share
Share - WeChat

Market prioritized

The continuous market liberalization has taken place under China's economic governance principle that the market will play the decisive role in resource allocation while the government should exercise its functions better.

The principle underlines minimizing the government's direct intervention in economic activities to give a full play to the strengths of the market, with effective incentives generated from property rights, free flow of production factors, flexible prices, fair and orderly competition and business survival based on competition, experts said.

It is part of Xi Jinping Thought on Socialist Economy with Chinese Characteristics for a New Era, which took shape in 2017 and has served since to guide the country's economic governance.

Xi recently called for Shenzhen, Guangdong province, known as the testing ground for China's reform and opening-up, to deepen reform on all fronts to establish a socialist market economy system of a higher standard.

The city should test reforms in such key areas as promoting market-based allocation of resources, optimizing the business environment and building a high-level open economic system, Xi said at a celebration in Shenzhen on Oct 14 marking the 40th anniversary of the country's first special economic zone.

With bolder moves in reform and opening-up set to unleash the growth potential of China's economy, more foreign businesses will tap the fast-growing market under the country's new "dual-circulation" development pattern, whereby domestic and foreign markets will reinforce each other with the domestic market as the mainstay, experts said.

Zhu Min, head of Tsinghua University's National Institute of Financial Research and a former deputy managing director of the International Monetary Fund, said deepening reform and opening-up to strengthen business exchanges, both within the domestic market and with international markets, lies at the core of China's pursuit of building the new pattern.

One major task under the pattern is to meet people's demand for goods of higher quality, a process that offers huge development opportunities for foreign businesses, Zhu said.

For instance, Saint-Gobain SA, the French industrial conglomerate, plans to enhance its market presence in China's central and western regions, as well as the Guangdong-Hong Kong-Macao Greater Bay Area, for better access to these fast-growing regional markets.

Javier Gimeno, Saint-Gobain's senior vice-president, said many opportunities had sprung from these regions' surging demand for greener building materials, automobile glass, high-end chemicals and other industrial goods, amid an accelerated urbanization pace and smart city development.

Chi Fulin, president of the China Institute for Reform and Development, said international standards have become benchmarks in China's market-oriented reforms, making it easier for global companies to thrive under the country's reform agenda.

Eugene Qian, chairman of UBS Securities, said foreign investment banks are "well-positioned" to participate in the initial public offerings on Shanghai's science and technology STAR Market, which operates under more internationalized and liberalized rules. "We believe that more foreign investment banks will join to sponsor deals on the STAR Market in the future."

|<< Previous 1 2 3 4 Next   >>|
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
枝江市| 阳东县| 平定县| 罗甸县| 武胜县| 阿鲁科尔沁旗| 万州区| 离岛区| 新民市| 江安县| 满洲里市| 华蓥市| 翁牛特旗| 南皮县| 英超| 云浮市| 太仓市| 东山县| 兰西县| 康马县| 永顺县| 五寨县| 宁河县| 大同县| 循化| 铁力市| 常宁市| 香河县| 三门县| 陵水| 渭源县| 拉萨市| 绥中县| 阳山县| 商水县| 定远县| 乐都县| 长宁区| 郯城县| 溆浦县| 峨眉山市|