On July 9, 2018, Professor Li Yumei and Bai Ming, deputy director of the Institute of International Market Research of the Ministry of Commerce, were interviewed by China United Business Daily on the topic of the new negative list of free trade zones. Professor Li believes that the new version of the free trade zone negative list is more open than the national negative list, which has given full play to the "experimental field" role of the free trade zone. Continuing to take the lead in opening up to the outside world and exploring higher levels of opening up will have a clear demonstration effect.
Professor Li Yumei pointed out that our country’s adoption of the negative list management model is in line with the development trend of international investment rules, which is an important measure to create a fair and competitive market environment for all types of ownership enterprises. It can also simplify administrative examination and approval procedures, improve the transparency of foreign investment management, and promote investment facilitation and liberalization. It is also the need to expand opening up and actively utilize foreign capital. In Professor Li's view, the essence of the negative list management system is the symbolization of liberalization, facilitation, transparency, and legalization of investment. First of all, this foreign investment management model should be widely publicized, so that the staff of government departments can fully understand and master the contents of the negative list, and be familiar with the operation of the negative list management model. Secondly, take the opportunity of implementing the negative list management system to deepen the supply-side structural reforms, and further promote reforms such as streamlining administration and delegating power, combining decentralization, and optimizing services. The third is to enhance the competitiveness of domestic enterprises.
On the occasion of the 40 years of reform and opening up, the significance of our country's adjustment of the negative list is by no means from the consideration of economic growth, but also bases on the need to deepen reform with the help of expanding opening up, and then re-consolidate the new momentum of reform and opening up.
