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REPORT ON THE WORK OF THE GOVERNMENT (23)

(People's Daily Online)    15:04, March 17, 2016

5. Carry out a new round of high-quality opening up and work to achieve mutually beneficial cooperation

In the face of profound changes in international economic cooperation and competition, and in response to the urgent need to improve the performance of and upgrade China’s economy, we must open wider to the outside world with unwavering resolve. By doing so, we can strengthen new drivers of development, add new forces to propel reform forward, and create new competitive strengths for China.

We will work to secure solid progress in pursuing the Belt and Road Initiative.

We will promote domestic regional development and opening up and international economic cooperation in a coordinated way, work with other countries and regions to build overland economic corridors and maritime cooperation hubs, and promote connectivity, economic and trade cooperation, and cultural exchange. We will work to develop cooperative mechanisms for achieving compatibility in customs clearance procedures along the routes and build international logistics networks. We will promote the development of border economic cooperation zones, cross-border economic cooperation zones, and overseas economic and trade cooperation zones. With a commitment to achieving common development and shared growth through joint consultation, we will ensure that the Belt and Road Initiative creates bonds of peace, friendship, and common prosperity.

We will work to achieve greater industrial-capacity cooperation with other countries.

We will launch demonstration projects in accordance with the principle that enterprises should be the main actors, that government should provide support, and that operations should be market based. We will improve and implement related supporting fiscal, tax, and financial policies, establish an RMB overseas cooperation fund and make good use of bilateral industrial-capacity cooperation funds. We will promote greater use of Chinese equipment, technology, standards, and services in the international market, and help Chinese manufacturing brands gain international recognition.


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(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor:Ma Xiaochun,Bianji)

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