Zhu Zhujun Wang Yi: Steadyly promote the transformation of China’s bet365 live casino games strategy
April 17, 2019 09:39 Source: "bet365 live casino games Social Sciences Journal" Issue 1675, April 17, 2019 Author: Zhu Zhujun Wang Yi

The current level of uncertainty in world economic and trade policies increases,China’s export trade growth is weak,Relying on cost advantages to embed in the low-end links of the global value chain to achieve "both ends out"、The trade strategy of “big imports and big exports” is unsustainable,The bet365 live casino games strategy of “feeding in and raising out” also faces challenges。On the one hand,Developed countries urgently need high quality for our country、bet365 live casino games blockade of high-tech intermediate goods and capital goods,And impose export restrictions on a basket of products;On the other hand,my country’s “bet365 live casino games for production” strategy has increasingly highlighted its relative narrowness in the new era。Facing the "double squeeze" of imports and exports,my country urgently needs to change its bet365 live casino games trade strategy,Promote reform through opening up,Promote China’s economy to achieve new growth。

  bet365 live casino games strategy adjustment has achieved remarkable results

40 years of reform and opening up,my country’s bet365 live casino games strategy has changed from the original “input to grow out”、Transition from "big in, big out" to "optimal in, good out"、High quality and good price”。Initial stage of reform and opening up,my country mainly restricts imports and encourages exports,Protect、Promote national economic development,The export-oriented policy of “feeding in and raising out” has created a large amount of foreign exchange for our country,It also promoted the development of the industrial system、Promotes employment。After joining WTO,my country is moving towards a period of “big imports and big exports” in which both bet365 live casino games and export are important,But in essence, my country’s imports are still high-quality intermediate products、Mainly key capital goods,The purpose is to improve enterprise productivity and product quality,Make full use of the cost advantages of Chinese enterprises,Let the world know about the high quality and low price made in China。The core of the bet365 live casino games strategy during this period is the implementation of bet365 live casino games substitution in intermediate products and capital goods,Implement export-oriented strategy in downstream industries。

Our country promptly proposed “actively expanding imports”,By reducing tariffs on some final products,Improve consumer welfare、Expand imports,Promote multilateral free trade,Building a community with a shared future for mankind。This strategic adjustment has achieved remarkable results,According to data released by the General Administration of Customs,In 2017, my country’s total bet365 live casino games and export value of goods trade reached 27.79 trillion yuan,14 increase compared to 2016.2%,Reversing the previous two consecutive years of decline。Among them,Exit 15.33 trillion yuan,Growth 10.8%;bet365 live casino games 12.46 trillion yuan,Growth 18.7%;Trade surplus 2.87 trillion yuan,Narrow 14.2%。Reasonably expanding imports can promote domestic demand、Enhance market competitiveness,At the same time, it will help our country adjust its economic structure、Establish a good international image,It is of great significance for establishing my country’s status as a trading power。The core of the bet365 live casino games strategy during this period is to fully compete with other products in the world using China’s existing competitive advantages in upstream and downstream links,Forcing enterprises to transform and upgrade。Replacing low cost with innovation to build new competitive advantages for Chinese enterprises,At the same time, improve the level of consumer welfare,Create new driving force for economic growth。

In the short to medium term,Suffering from weak external demand、Affected by factors such as the overall slowdown in world economic growth and China’s industrial transformation and upgrading,my country’s overall bet365 live casino games growth may exceed exports,Imports will show a development trend of increasing quantity and improving quality。On the basis of continuing to implement bet365 live casino games substitution development for the purpose of production,Our country will also increase primary products, especially those related to national energy、bet365 live casino games of bulk commodities related to food and other security issues,At the same time, expand the quantity and quality of imported final products, especially personal consumer goods。

  Actively expand bet365 live casino games

From “focusing on the common development of bet365 live casino games and export” to “actively expanding imports”,The basic direction of my country’s future bet365 live casino games strategy has changed,The essence lies in the transformation from purely pursuing trade surplus and total trade volume to promoting high-quality development of the domestic economy。

1st,bet365 live casino games promotion fee。The expansion of final product imports will, on the one hand, enhance the welfare of domestic consumers,While meeting the material needs of the people,Improving the situation that our country mainly relies on investment to drive economic growth;On the other hand, it will also intensify market competition in downstream industries,Promote further deepening of supply-side reform through resource allocation effect。Introducing high-quality foreign products into the Chinese market can stimulate the vitality of Chinese enterprises through the "catfish effect",Reallocation of resources under the influence of the market,Improve overall production efficiency。

Second,bet365 live casino games promotes innovation。Continue to give full play to the role of intermediate product imports in promoting the production of Chinese enterprises,Expand the bet365 live casino games quantity of intermediate goods with relatively weak substitution elasticity,Enable enterprises to accelerate technological progress through "learning by doing",Achieve binary marginal expansion of exports。For intermediate goods with high substitution elasticity,Pay more attention to the quality and variety of imports,Stimulate the willingness of upstream enterprises to innovate through competition in intermediate goods,At the same time, rely on cost effects to promote the development of downstream enterprises,Improve the international competitiveness of its products。

 Third,bet365 live casino games promotes balance。As a developing trading country with a huge consumer market,Balance the international trade balance by actively expanding imports,Conducive to increasing global demand、Economic recovery,While realizing its own economic transformation and upgrading,Building a community with a shared future for mankind,Enhancing my country’s international status。

 Fourth,bet365 live casino games promotes safety。Compared to the United States、Japan and other developed countries,my country’s strategic reserve mechanism was established relatively late。According to data released by the National Bureau of Statistics,my country’s crude oil imports exceeded that of the United States in 2015, reaching 335.5 million tons,But my country’s strategic oil reserves can only last about 34 days,Even according to the "National Petroleum Reserve Medium and Long-term Plan (2008-2020)",Our country can form an oil reserve scale of about 100 days in 2020,But it is also lower than the current 139 days and 158 days in the United States and Japan。Further expansion of energy、The bet365 live casino games of bulk commodities such as grain can enhance my country’s strategic reserve capacity,Guarantee national security。

  Proactively expand bet365 live casino games

In the process of transformation of my country’s bet365 live casino games strategy,We must take the initiative to expand opening up,To switch from simple off-border tariff reduction,More opening and expansion to deeper institutional levels within borders。Actively seek to combine proactive expansion of opening-up with reciprocal bilateral and multi-(multi)lateral reciprocal opening-up,Strive to transform from an international economic participant to a rule-maker。

1st,Strengthen the construction of bilateral and multilateral free trade areas (FTAs)。The establishment of free trade areas with other countries is an important step for my country to expand its opening up to the outside world、One of the important measures to build a community with a shared future for mankind。For this,my country should consolidate existing results and actively promote the continuous upgrading of bilateral trade agreements。While developing bilateral trade,Pay more attention to the development of multilateral trade,For example, China, Japan and South Korea、Central Europe;At the same time, we must strengthen cooperation with developed countries,For example Canada。Expanding the construction of bilateral and multilateral free trade areas can reduce trade uncertainty,Expand bet365 live casino games sources,Improve the degree of differentiation of imported products。

Second,Develop domestic free bet365 live casino games pilot zone (FTZ),Promote the construction of free bet365 live casino games ports。Promote the construction of free bet365 live casino games zones and free bet365 live casino games ports,It is of great significance for the reasonable expansion of imports。Our country has successively established Shanghai、Tianjin、11 free bet365 live casino games pilot zones including Guangdong,And decided in 2018 to support the construction of a free bet365 live casino games pilot zone across the island of Hainan and explore the construction of a free bet365 live casino games port。Free bet365 live casino games zones and free bet365 live casino games ports are expanding their opening up,Can minimize the impact of world economic fluctuations and financial shocks on our economy,It will help our country to more smoothly explore a path of opening up that is suitable for its own development。

 Third,Expand trade with “Belt and Road” countries。Give full play to the friendly and cooperative relations between my country and the “Belt and Road” countries,Focus on promoting the development of bet365 live casino games trade on the basis of maintaining the growth of foreign investment,Enhancing bilateral and multilateral relations with “Belt and Road” countries。The “One Belt, One Road” Trade Cooperation Big Data Report 2018 released by the National Information Center and others shows,The growth rate of imports from China and “Belt and Road” countries has exceeded exports for the first time,But there is still huge room for development,Especially primary products such as mineral fuels。

 Fourth,Relying on cross-border e-commerce to upgrade imported consumption。On the basis of developing bilateral and multilateral relations,Use the cross-border e-commerce platform to further increase bet365 live casino games trade,Also adjust cross-border e-commerce retail bet365 live casino games tax policy,Reduce tariff and non-tariff barriers,Helping Chinese consumers purchase cheap and high-quality foreign products。

  bet365 live casino games supporting systems and mechanisms

While actively opening up,We should also actively carry out corresponding system and mechanism reforms,In particular, the relevant facilitation measures of the free trade pilot zone should be promoted in an orderly manner on the basis of pilots,Reduce the fixed and variable costs of trade through deepening reforms,Improve the implementation effect of bet365 live casino games strategy。

1st,Optimize customs supervision measures、Guaranteed customs clearance convenience。Gradually replace the “white list” system with a negative list system for imports,Let more high-quality bet365 live casino games enter China;Use big data and artificial intelligence to optimize corporate customs declaration and taxation,Simplify the customs clearance process for goods、Compress the customs clearance time of goods,And monitor all aspects in real time,Promptly deal with existing problems。

Second,Improving the business environment。Improving corresponding laws and regulations,Increase intellectual property protection,Let foreign advanced technology “come in” with confidence,At the same time, stimulate the vitality of domestic manufacturers in R&D and innovation;Deepening supply-side reform,Reduce factor market distortions,Allocate resources more efficiently with the market as the guide,In order to better leverage the role of imported bet365 live casino games in promoting our country’s economy;Increase financial service support,Simplify the financing process、Expand financing channels,Guide financial services to the real economy,Especially to help small and medium-sized enterprises reduce the shackles of financing constraints on production,Full introduction of advanced technology and high-quality intermediate bet365 live casino games、Capital goods。

 Third,Introduction of relevant fiscal and taxation policies。Reduce bet365 live casino games taxes for enterprises,Encourage companies to bet365 live casino games high-quality intermediate products,Pay special attention to reducing tariffs on imported foreign consumer goods by downstream companies,So that our residents can buy low-priced high-quality imported products without going abroad,Improve consumer welfare。In addition,We must further strengthen infrastructure construction, especially in non-first-tier cities,Provide an excellent environment for local areas to attract talents and investment,Promote local economic development,Increase the demand of manufacturers and consumers for high-quality imported products,Change the mode of economic growth。

  (This article is a phased result of the Humanities and Social Sciences Youth Project of the Ministry of Education "Research on the Quality of Imported Intermediate bet365 live casino games and the Improvement of the Competitiveness of Chinese Export Enterprises in the Context of the Global Value Chain: Evolution Mechanism and Optimization Path" (19YJC790209)

(Author’s unit: bet365 live casino games, Zhejiang Gongshang University;bet365 live casino games, Zhejiang University)

Editor: Wang Ning
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