
AI-generated summary
The Central Committee of the Communist Party of China and the State Council issued the "Opinions on Developing New Productivity" to encourage free trade zones to combine their own advantages to gather advanced production factors.
China News Service, Beijing, October 10 (Reporter Liu Wenwen) On October 9, the Central Committee of the Communist Party of China and the State Council issued the "Opinions on the Development of New Productivity", clearly proposing to encourage pilot free trade zones to combine location characteristics, resource endowments, and industrial advantages to gather advanced production factors at home and abroad.
Currently, RCEP dividends continue to be released, China-ASEAN Free Trade Area 3.0 is about to be implemented, and regional economy and trade are ushering in opportunities for upgrading. Xu Ningning, chief business expert of China and ASEAN, believes that the linkage and empowerment of the two major mechanisms will create rare opportunities for the implementation of new productive forces in ASEAN.
New quality productivity is led by innovation, characterized by high technology, high efficiency and high quality, and highlights the improvement of total factor productivity. Promoting cross-border cooperation in this field will not only help the expansion of my country's innovative achievements, but also make up for the shortcomings of ASEAN's digital and green infrastructure, and drive the regional industrial chain to rise together. Xu Ningning made the following suggestions:
The first is to deeply tap the benefits of free trade rules and expand the overseas application space of high-tech products. Relying on RCEP tariff concessions and cumulative advantages in origin, we can reduce the export costs of photovoltaic energy storage, smart agricultural machinery, and new energy equipment. Relying on the vast market space of ASEAN, we will deepen the regular application and promotion of high-tech products and accelerate the large-scale development of innovative achievements of both parties.
The second is to optimize the cross-border industrial layout and consolidate the synergistic advantages of the regional industrial chain. Continue to build a cross-border industrial collaboration system with two-way empowerment and complementary advantages. Relying on the mature practice of regional new energy industry cooperation, we will promote the joint agglomeration and integrated development of upstream and downstream industries to achieve regional industry improvement in quality, efficiency, and mutual benefit.
The third is to seize the opportunities of the new version of the free trade agreement and cultivate new momentum for green digital cooperation. Relying on the relevant rules of the China-ASEAN Free Trade Area 3.0, we will steadily promote mutual recognition of green certification and the orderly flow of cross-border data. Actively deploy regional computing power nodes, smart infrastructure, and green energy projects to promote the upgrading of economic and trade cooperation to high-end innovation fields.
Xu Ningning said that under the new situation, all parties should continue to unblock the channels for the cross-border flow of technology, talents, and capital, and deepen bilateral scientific and technological innovation collaborative cooperation. Continue to release the dividends of institutional openness, promote China and ASEAN to share the fruits of new productivity development, and work together to achieve regional mutual benefit, win-win, and common development.
AI outlook — possibilities, not facts
China and ASEAN will further promote mutual recognition of green certification and cross-border data flow rules.
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