Reform and opening up in the new era: China trade policy review
| Autor: | Yan Zhi, Changyuan Luo |
|---|---|
| Rok vydání: | 2019 |
| Předmět: |
Commercial policy
Economics and Econometrics 050208 finance business.industry media_common.quotation_subject 05 social sciences Free trade zone Foreign capital Foreign direct investment International trade Special economic zone Negotiation Accounting 0502 economics and business Political Science and International Relations Economics 050207 economics business China Finance Barriers to entry media_common |
| Zdroj: | The World Economy. 42:3464-3477 |
| ISSN: | 1467-9701 0378-5920 |
| Popis: | This paper reviews the major changes in China's trade policies in the last few years. During this period, the adjustment of trade policies has developed in the following ways: first, the establishment of free trade zones, which emphasises the importance of advanced systems rather than preferential policies; second, putting forward the “Belt & Road” Initiative, which indicates China's new stage of development from “bringing in” to “going out”; third, holding import expos, which marks an era when China's foreign trade development has shifted from focusing on exports only to focusing on both exports and imports; fourth, reducing entry barriers of foreign capital, which demonstrates that the policy framework for FDI has gradually changed from a positive list to a negative list; fifth, promoting trade negotiations, which reflects that China has actively participated in bilateral, regional and multilateral trade talks; and finally, building up new experimental fields of reform and opening up, which shows evidence that a new generation of special economic zones is emerging. |
| Databáze: | OpenAIRE |
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