Global EditionASIA 中文雙語Fran?ais
Opinion
Home / Opinion / From the Press

Yangtze River Delta to achieve new heights in China's opening-up drive

CGTN | Updated: 2019-12-03 10:08
Share
Share - WeChat
Workers assembling air conditioners at a factory in Huaibei City, Anhui Province, May 30, 2019. /VCG Photo

Editor's note: The following article is taken from the Chinese-language "Commentaries on International Affairs." The article reflects the author's opinions, and not necessarily the views of CGTN.

China on Sunday issued an outline of the next phase of the integrated development of the Yangtze River Delta over the next five to 15 years, sending out important signals of the country's determination to push ahead with all-round opening-up.

The Yangtze River Delta, which encompasses eastern China's provinces of Jiangsu, Zhejiang and Anhui as well as the Shanghai Municipality, is one of the country's most dynamic regions in terms of economic development, level of openness and innovation capability, generating about a quarter of China's GDP on less than four percent of the country's land area. The region's annual R&D expenditure and its number of valid patents make up about one-third of the nation's total.

Last year, the integrated development of the region was adopted as a national strategy. It is considered a key measure, together with a host of other plans, including the Coordinated Development for the Beijing-Tianjin-Hebei region, the Belt and Road Initiative, and the Guangdong-Hong Kong-Macao Greater Bay Area, taken by China to deepen reform and further open up its market.

According to the outline, the Yangtze River Delta region will further open its manufacturing, service, and agricultural sectors, and gradually lower the market thresholds for such industries as automotive, shipbuilding, and electronic information. The region is also tasked with jointly developing global innovation chains and the industrial chain with global top 500 companies and industry leaders.

It will accelerate the opening of its financial sector, gradually relaxing market access for foreign players in the banking industry and offering support to foreign institutions that intend to issue RMB-denominated bonds overseas and invest directly in China's domestic bonds. By setting up these targets, the region is expected to become an important pilot zone to introduce new policies.

The Yangtze River Delta, as China's most economically vibrant area with the most abundant capital supply, will also play a leading role in refining China's overseas investment as it's required to reinforce international cooperation in such areas as production capacity, petroleum, gas, and mineral development as well as advanced manufacturing, financial services and overseas mergers and acquisitions.

In addition, the region is hopefully to become a role model in providing a first-class business environment as the plan outlines such development goals as comprehensively aligning its market rules with international standards, further increasing penalties for intellectual property infringement and creating a stable, fair, transparent and predictable market environment.

The region's goals to provide more convenient border clearance services, more job opportunities for international students and more permanent residency for expats as well as the aim to upgrade its education, medical care and cultural services will help build up its talent pool.

As a key driver of the Chinese economy, the Yangtze River Delta region will provide more power for the country's development over the next 15 years, and is on the verge of bringing more business opportunities to the rest of the world.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 精品无码国产污污污免费网站| 四虎影视永久在线观看| 国产一区二区四区在线观看| 人妻少妇精品视频一区二区三区| 亚洲A∨无码一区二区三区| 三个黑人上我一个经过| 337p人体欧洲人体亚| 老司机福利在线播放| 欧美在线视频a| 性猛交xxxxx按摩| 国产最猛性xxxxxx69交| 免费无遮挡肉动漫在线观看| 亚洲Av鲁丝一区二区三区| 一本色道久久88综合日韩精品| 四虎精品视频在线永久免费观看 | 57pao一国产成永久免费| 色视频在线观看免费| 欧美成人免费一区在线播放| 巨大黑人极品hdvideo| 国产成人AV综合色| 亚洲欧洲无卡二区视頻| а√天堂中文最新版地址| 野花高清完整在线观看免费8| 欧美剧情影片在线播放| 天天干视频在线| 啦啦啦手机完整免费高清观看| 久久精品噜噜噜成人av| 100款夜间禁用b站软件下载| 男彩虹用的app小蓝| 无码一区二区波多野结衣播放搜索| 国产污片在线观看| 亚洲欧美精品中字久久99| yuijizz| 色哟哟最新在线观看入口| 最新夫妇交换乱的中文字幕| 国産精品久久久久久久| 免费吃奶摸下激烈免费视频| 久久99中文字幕| 青草视频免费看| 杨幂13分20秒未删减bt| 国产精品爽爽V在线观看无码|