We will set up pilot reform zones for building a high-standard socialist market economy and make plans for new reforms for the fiscal and tax systems. We will implement plans for the reform of the financial system and increase fiscal, tax, and financial support to promote high-quality development. We will advance reforms in areas such as the electricity, oil and gas, and railway sectors and the integrated transportation system, and improve the system and mechanism for regulating sectors of natural monopoly. Reform will also be advanced in areas important to the people’s lives, including income distribution, social security, medicine, healthcare, and elderly care.
5. Pursuing higher-standard opening up and promoting mutual benefits.
We will promote alignment with high-standard international economic and trade rules, steadily expand institutional opening up, and facilitate interplay between domestic and international markets. We will ensure the overall stable performance of foreign trade and foreign investment and foster new strengths in international economic cooperation and competition.
We will work to steadily increase the volume and raise the quality of foreign trade.
We will intensify support for import and export credit and export credit insurance and improve cross-border settlements, risk management for foreign exchange, and other services; we will support businesses in diversifying overseas markets. We will promote the healthy development of cross-border e-commerce and other new forms of business. Efforts will be made to optimize the layout of overseas warehouses, facilitate the upgrading of the processing trade, and increase new growth drivers for foreign trade, including trade in intermediate goods and green trade.
Imports of high-quality goods will be boosted. We will fully apply the negative list for cross-border trade in services and adopt policies to promote innovative development of trade in services and digital trade. We will promote coordinated development of domestic and foreign trade. Major trade events will be hosted, such as the China International Import Expo, the China Import and Export Fair, the China International Fair for Trade in Services, and the Global Digital Trade Expo. We will move faster to build an international logistic services system, carry out the Smart Customs” initiative, and help foreign trade enterprises lower costs and boost efficiency.
We will intensify efforts to attract foreign investment.
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