New Signals for Foreign Investment: Shanghai will Further Innovation and Open Wider
With the closing of the third session of the 13th National People's Congress. The two sessions in this special period attracted the attention of the whole world. At the meeting, "stabilizing foreign investment" became a hot topic. Many representatives and members of the committee made suggestions to reduce the negative list and further the market access eased. Shanghai has been the first choice for foreign capital to enter the Chinese market for a long period. Under the background of the current global war, "epidemic", the global economy is full of various uncertainties, and international capital is looking for a safer "haven". This year's government work report pointed out that in the face of changes in the external environment, we should unswervingly expand opening, stabilize the industrial chain supply chain, and promote reform and development through opening up. Shanghai will also continue to make efforts to take the following measures to encourage foreign investors to invest and develop in Shanghai, to form an all-round and multi-level opening pattern.
1. Create a high-quality business environment
In April this year, Shanghai launched 24 measures to stabilize foreign investment, including establishing incentive mechanism for attracting investment, accelerating the opening up of financial industry, new energy vehicles and other fields, increasing the punishment for violations of intellectual property rights and intellectual property crimes, and supporting foreign-funded enterprises to participate in standard-setting and government procurement in accordance with the law The combination of these fists has given foreign capital "acceleration" in the development of Shanghai. With the further deepening of the "deregulation service" reform, Shanghai will create a legal business environment in line with international standards. With the continuous implementation of the regulations for the implementation of the foreign investment law, the legitimate rights and interests of foreign-funded enterprises will be better protected. Li Guohua, member of the CPPCC National Committee, vice chairman of the Shanghai Municipal Committee of the people's Republic of China and vice president of Pudong New Area, believes that to actively support enterprises to better utilize international and domestic markets and resources, and take the lead in strengthening the global resource allocation function, Shanghai Free Trade Zone can take the lead in exploring and cultivating new trade functions such as entrepot trade, offshore trade, cultural trade and composite headquarters economic functions We will further remove bottlenecks in foreign exchange management and cross-border fund use, and support multinational companies to coordinate their onshore and offshore businesses and efficiently allocate global factor resources.
2. Reform and innovation, speed up the construction of five centers
During the epidemic, an online new economy emerged. What are the new opportunities for Shanghai to build an international economic and Trade Center Shao Zhiqing, a deputy of the National People's Congress who has been deeply involved in the economic and information system for a long time, has been thinking about the connection between 5G new infrastructure construction and the continuous optimization of the government's business environment. It is also believed that 5G construction can not only empower the online new economy but also take the opportunity for the government to further transform its functions and clarify the relationship between the government and the market in the process of 5G new infrastructure construction. Forward-looking planning and rational policies stimulate the endogenous power and creativity of market subjects, play the decisive role of the market in resource allocation, make full use of social capital, and create better and more fair A competitive business environment. At the same time, when it comes to how to cultivate more bright spots for the development of regional economy, the NPC deputy and Secretary of Huangpu district Party committee Yun Yun thinks that besides optimizing the business environment, we should expand domestic demand, actively develop "Internet plus business", cultivate new industries and create the commanding heights of the new digital economy. In his opinion, the "May 5 Shopping Festival" in Shanghai is in full swing, which not only maximizes consumption replenishment and potential release, but also promotes the brand of "Shanghai shopping", promotes the construction of international consumption center city, and makes positive contributions to the solid implementation of "six stability" and "six guarantees".
3. Expand the opening and run the China International Import Expo to success
With regard to the expansion of opening up, the report on the work of the government suggested that the third China International Import Fair should be well organized, imports should be actively expanded, and the world market should be developed at a higher level. In order to ensure that the Expo is "better and better", deputies to the National People's Congress have launched hot discussions from the perspectives of "continuously and effectively amplifying the effect of the Expo" and "further exploring system innovation". Wang Wei, deputy to the National People's Congress and deputy general manager of Shanghai Textile Decoration Co., Ltd., believes that to continuously and effectively enlarge the effect of entering the Expo, we need to do a good job in "subtraction and addition". The government should take the initiative to "reduce" taxes and fees, further improve the system design and policy supply, further reduce tariffs and institutional costs; guide enterprises to "reduce" in the circulation link, further give play to the advantages of enterprises' overseas import channels, open the channel for import goods to be directly imported from the source to the domestic consumption terminal; support social services to "increase" inconvenience, and We will further extend the "Expo Service Chain" and give full play to the advantages of all sectors of society to establish a long-term information service platform. Let more exhibitions enter the Expo to benefit the public faster and better. Zhang Weimin, deputy to the National People's Congress, suggested integrating resources and working together to build a "four in one" platform. All ministries and commissions of the state have put forward suggestions and actively participated in the fair, taking it as an important entry point and focus point. We will further explore institutional innovation, deepen and tap the significance of the platform, and build the fair into a platform for international procurement transactions, trade, and investment promotion, people to people and cultural exchanges and learning, and a platform for world open cooperation.
If you wish to obtain more information or assistance, please visit the official website of Kaizen CPA Limited at www.kaizencpa.com or contact us through the following and talk to our professionals:
Tel: +852 2341 1444
Mobile: +852 5616 4140, +86 152 1943 4614
WhatsApp/ Line/ Wechat: +852 5616 4140
Skype: kaizencpa
Email: info@kaizencpa.com
留言列表
