reform and opening up is the magic weapon to promote development. We must focus on the reform of the economic system, comprehensively deepen reform, make overall plans, work hard, make new breakthroughs in reforms that affect the overall situation, and enhance new development momentum.
intensify the reform of combining decentralization with deregulation. In 215, we will cancel and decentralize a number of administrative examination and approval items, cancel all non-administrative licensing examination and approval, and establish a management system to standardize administrative examination and approval. Deepen the reform of the commercial system, further simplify the registration of registered capital, gradually realize the "three certificates in one", and clean up and standardize intermediary services. Formulate a negative list of market access, publish a list of provincial government powers and responsibilities, and earnestly ensure that the law is not authorized and the statutory duties must be.
local governments should completely release and not intercept the power that should be given to the market and society, and they should be able to accept and manage the examination and approval items delegated by their superiors. Strengthen post-event supervision, improve a network for enterprises and society, promote the construction of social credit system, establish a unified national social credit code system and a credit information sharing and exchange platform, and protect the security of enterprises and personal information according to law. Avenue to Jane, power is not to be used arbitrarily. Governments at all levels should establish a powerful mechanism to promote decentralization and change their functions, loosen enterprises, facilitate entrepreneurship and create a level playing field. All administrative examination and approval items should simplify the procedures, define the time limit, and exchange the "subtraction" of government power for the "multiplication" of market vitality.
reform the investment and financing system in a multi-pronged manner. Significantly reduce the scope of government-approved investment projects and decentralize the approval authority. Significantly reduce the pre-approval of investment projects and implement online parallel processing of project approval. We will greatly relax market access for private investment and encourage social capital to initiate the establishment of equity investment funds. The government adopts investment subsidies, capital injection, fund establishment and other measures to guide social capital to invest in key projects. Deepen the reform of railway investment and financing by making good use of the railway development fund. Actively promote the cooperation model of government and social capital in infrastructure, public utilities and other fields.
lose no time to speed up the price reform. The direction of reform is to give play to the decisive role of the market in resource allocation, drastically reduce the types and items set by the government, and liberalize the prices of goods and services with competitive conditions in principle. Cancel the government pricing of most drugs, and decentralize the pricing power of a number of basic public services. Expand the pilot reform of transmission and distribution prices, promote the reform of agricultural water prices, and improve the price policy of energy conservation and environmental protection. We will improve the prices of resource products and fully implement the residential ladder price system. At the same time, we must strengthen price supervision, standardize market order, and ensure the basic livelihood of low-income people.
promote new progress in the reform of the fiscal and taxation system. Implement a comprehensive, standardized, open and transparent budget management system. Except for legally classified information, all central and local departments' budgets and final accounts should be open and fully subject to social supervision. Increase the proportion of state-owned capital operating budget transferred to the general public budget. Implement medium-term financial planning management. Formulate effective measures to revitalize the financial stock funds. Strive to fully complete the "reform of the camp", adjust and improve the consumption tax policy, and expand the scope of resource tax ad valorem. Propose to amend the tax collection and management law. Reform the transfer payment system, improve the powers and expenditure responsibilities of the central and local governments, and rationally adjust the income division between the central and local governments.
promote financial reform around serving the real economy. Promote qualified private capital to initiate the establishment of small and medium-sized banks and other financial institutions according to law, and approve one when it is mature, without setting a limit. Deepen the reform of rural credit cooperatives and stabilize their status as county legal persons. Give full play to the role of development finance and policy finance in increasing the supply of public products. Introduce a deposit insurance system. Promote the reform of interest rate marketization and improve the interest rate regulation framework of the central bank. Keep the RMB exchange rate at a reasonable and balanced level and enhance the two-way floating flexibility of the RMB exchange rate. We will steadily realize the convertibility of RMB capital account, expand the international use of RMB, speed up the construction of RMB cross-border payment system, improve the RMB global clearing service system, carry out pilot projects for overseas investment by individual investors, and start the "Shenzhen-Hong Kong Stock Connect" pilot project in due course.
strengthen the construction of multi-level capital market system, implement the reform of stock issuance registration system, develop regional equity market serving small and medium-sized enterprises, promote the securitization of credit assets, expand the issuance scale of corporate bonds, and develop the financial derivatives market. Catastrophe insurance and personal tax deferred commercial endowment insurance were introduced. Innovating financial supervision, preventing and resolving financial risks. Vigorously develop inclusive finance so that all market players can share the rain and dew of financial services.
deepen the reform of state-owned assets of state-owned enterprises. Accurately define the functions of different state-owned enterprises and promote reform by classification. Accelerate the pilot of state-owned capital investment companies and operating companies, build a market-oriented operation platform, and improve the efficiency of state-owned capital operation. We will implement the reform of mixed ownership of state-owned enterprises in an orderly manner, and encourage and standardize the introduction of non-state-owned capital into investment projects. We will accelerate the reform of power, oil and gas systems. Solve the social burden and historical problems left over by enterprises through multiple channels to protect the legitimate rights and interests of employees. Improve the modern enterprise system, reform and improve the incentive and restraint mechanism of enterprise managers. It is necessary to strengthen the supervision of state-owned assets, prevent the loss of state-owned assets and effectively improve the operating efficiency of state-owned enterprises.
the non-public economy is an important part of China's economy. We must unswervingly encourage, support and guide the development of the non-public economy, pay attention to giving full play to the talents of entrepreneurs, fully implement policies and measures to promote the development of the private economy, enhance the vitality of all kinds of ownership economies, and protect the property rights of all kinds of enterprises as legal persons according to law.
we will continue to promote reforms in the fields of science and technology, education, culture, medicine and health, endowment insurance, public institutions and housing accumulation fund. Development needs reform to add momentum, and the masses expect reform to produce practical results. We must strive to hand over a reform answer sheet that will add strength to development and benefit the people.
opening up is also reform. We must implement a new round of high-level opening to the outside world, accelerate the construction of a new open economic system, and win the initiative of development and international competition with open initiative.
promote the transformation and upgrading of foreign trade. Improve the export tax rebate burden mechanism, and the incremental part will be fully borne by the central government, so that local governments and enterprises can have a "reassuring". Clean up and standardize import and export fees, and establish and disclose a list of fees. Implement policies and measures to cultivate new advantages in foreign trade competition, promote the transformation of processing trade, develop comprehensive foreign trade service platforms and market procurement trade, expand comprehensive pilot projects in cross-border electronic commerce, increase the number of service outsourcing demonstration cities, and increase the proportion of service trade. Implement a more active import policy and expand the import of advanced technology, key equipment and important parts.
utilize foreign capital more actively and effectively. Revise the catalogue of foreign investment industries, focus on expanding the opening of service industry and general manufacturing industry, and reduce the number of foreign investment restrictions by half. We will fully implement the management system of universal filing and limited approval, greatly decentralize the approval power of encouraged projects, and actively explore the management mode of national treatment plus negative list before entry. Revise foreign investment-related laws, improve the foreign investment supervision system, and create a stable, fair, transparent and predictable business environment.
accelerate the implementation of the strategy of going global. Encourage enterprises to participate in overseas infrastructure construction and capacity cooperation, promote railways, electric power, communications, construction machinery, automobiles, airplanes, electronics and other China equipment to the world, and promote foreign investment in metallurgy, building materials and other industries. Implement the management mode of foreign investment based on the filing system. Expand the scale of export credit insurance, and fully cover the export financing of large complete sets of equipment. Broaden the channels for the use of foreign exchange reserves and improve financial, information, legal and consular protection services. Pay attention to risk prevention and improve the ability to safeguard overseas rights and interests. Let China enterprises go ahead, go steady, strengthen their muscles and bones in international competition, and develop and grow.
build a new pattern of all-round opening up. Promote the cooperative construction of the Silk Road Economic Belt and the 21st Century Maritime Silk Road. Accelerate the construction of interconnection, customs clearance and international logistics channels. Build economic corridors such as China-Pakistan, Bangladesh, China, India and Myanmar. Expand inland and border opening, promote the innovation and development of economic and technological development zones, and improve the development level of border economic cooperation zones and cross-border economic cooperation zones. Actively promote the construction of pilot free trade zones in Shanghai, Guangdong, Tianjin and Fujian, popularize mature experience throughout the country, and form a unique highland of reform and opening up.
coordinating multilateral, bilateral and regional open cooperation. Maintain the multilateral trading system, promote the expansion of information technology agreements, and actively participate in international negotiations on environmental products and government procurement. Accelerate the implementation of the free trade zone strategy, sign China-South Korea and China-Australia free trade agreements as soon as possible, speed up the China-Japan-ROK free trade zone negotiations, promote negotiations with the GCC, Israel and other free trade zones, and strive to complete the China-ASEAN free trade zone upgrade negotiations and regional comprehensive economic partnership agreement negotiations to build an Asia-Pacific free trade zone. China-US and China-EU Comprehensive Agreement on Investment negotiations will be promoted. China is a responsible and responsible country. We are willing to be practitioners of the development concept of mutual benefit, builders of the global economic system and promoters of economic globalization.