Opening Up Boosts Rapid Economic Development

The achievements of China's economic development have attracted worldwide attention, and the opening up has contributed a lot. From 1978 to 2014, China's foreign trade volume increased from 20.6 billion US dollars to 4.3 trillion US dollars, rising from the 32nd place in the world to the first place, becoming the largest trading partner of more than 120 countries and regions; The utilization of foreign capital has expanded from less than 200 million US dollars to nearly 120 billion US dollars, and foreign investment has expanded from basically zero to more than 100 billion US dollars; Foreign exchange reserves rank first in the world, and the status of the world's major economic and trade country has been consolidated.

The contribution rate of China's foreign trade to economic growth is about 1/5, the output value of foreign-funded enterprises accounts for about 1/4 of the national industrial added value, and foreign taxes account for about 1/3 of the total tax revenue, which has driven more than 100 million people to find jobs. Opening up accelerates China's "new four modernizations" process, improves national welfare, alleviates energy bottlenecks, narrows the technological gap at home and abroad, promotes domestic ideological emancipation and institutional change, which broadens our horizons, strengthens our sense of rules, and significantly improves China's international status and influence.

Openness and inclusiveness are the background and bright color of Chinese civilization. The prosperity of Han and Tang dynasties and the Silk Road show this broad open mind. At the end of the 1970s, we opened our doors to see the gap between China and developed countries and the different models of economic development. What kind of implementation economic system We must proceed from our own national conditions and development stages. Based on our national conditions, we unswervingly promote opening up and vigorously develop the socialist market economy. From ideological demarcation and making the strategic choice of reform and opening up to the construction of special economic zones and Pudong Development Zone; From joining the World Trade Organization [microblog] after 15 years of arduous negotiations, to implementing the "Belt and Road" strategy and building a free trade pilot zone, a new round of high-level opening up has slowly unfolded, and openness and confidence have been growing.

Opening up has enabled us to seize the opportunity of economic globalization. Since the reform and opening up, we have relied on our comparative advantages and latecomers' advantages, seized the opportunity of economic globalization, fully participated in the international division of labor, and undertook large-scale international industrial transfer. We will vigorously develop processing trade and labor-intensive industries and gradually become the world's factory. As domestic capital is increasingly abundant and industrial supporting capacity is enhanced, we will actively undertake high-level industrial transfer such as high-end R&D and manufacturing and service outsourcing, and further integrate into the world economic system. We are keeping pace with the times to adjust the opening strategy, combining import substitution with export orientation, relying on our own industrial system and connecting with the international market, and constantly seeking the optimal opening path.

Opening up has strongly promoted domestic reform and development. Opening up We will always focus on meeting domestic needs and promote sound interaction at home and abroad. Chinese enterprises form international competitiveness through domestic market competition, and then move to the world market to compete with multinational companies on the same stage. At present, more than 90 enterprises in China have entered the world's top 500. China is accelerating its transformation from a major economic and trade country to a powerful economic and trade country. The industry is extending to both ends of the smile curve and climbing to the top of the global value chain, which has promoted the transformation of the economic development mode. For more than 30 years, the open economy has always been in the forefront of institutional reform. In the process of accelerating the docking with international rules, it has vigorously promoted the improvement of the socialist market economy system. At present, about 70% of the 60 tasks of comprehensively deepening reform in China can be promoted through opening up.

Opening up has improved our rule awareness and rule application ability. In the process of opening up to the outside world, we have gradually become builders and leaders from learners, abiders and users of international rules. When we joined the WTO [microblog], we revised a large number of domestic laws and policies and took the initiative to use Dispute settlement The mechanism has significantly improved the awareness of rules. Today, the establishment of the BRICS Development Bank, the Asian Infrastructure Investment Bank, the Silk Road Fund and the construction of the Asia Pacific Free Trade Area marks the beginning of China's leading international rules. In the future, we will actively participate in global economic governance, strive for initiative in the new round of international rule reconstruction, and win the initiative of reform and development with an open initiative.

Adhere to the unity of expanding opening up and maintaining economic security. China adheres to a gradual and stable strategy of opening up, sets up an open economic security concept, pays attention to the relationship between the progress of opening up and domestic tolerance, keeps autonomy and independence in opening up, and firmly holds the bottom line. China's opening up to the outside world adopts the regional echelon promotion method, which is based on whether the risk is controllable in the pilot, and will be promoted after it is stable. Pay attention to solving economic and trade frictions, carry out anti-monopoly and security review, and effectively maintain industrial security. Prudently open the capital market, keep the exchange rate basically stable, and effectively prevent financial risks. In particular, in response to the international financial crisis, we strengthened macro-control in advance, squeezed the economic bubble, and focused on expanding domestic demand, ensuring the stable and healthy development of China's economy.

China's development cannot be separated from the world, and the world's development cannot be separated from China. China's massive imports have created "China's special needs" for many countries. The cheap and high-quality goods exported by China have increased the welfare of foreign consumers. The more than trillion dollars of foreign investment attracted by China has enabled more countries to share China's development dividend. Every year, more than 100 billion dollars of foreign investment has driven the development and employment of host countries. The current "Belt and Road" initiative advocates joint consultation, construction and sharing, and strives to build a community of shared future. Facts have proved that China's opening up is on the road of common development and peaceful development, and China's foreign economic and trade exchanges are truly win-win cooperation.