The latest announcement from the three departments!, Related to the National Unified Market | Construction | Department
On the morning of June 5th, the State Council Information Office held a routine briefing on the policies of the State Council, introducing the relevant situation of building a unified national market, with a huge amount of information. Among them, positive progress has been made in key areas of work, including the comprehensive implementation of the stock issuance and registration system reform, the comprehensive launch of pilot projects to deepen the entry of rural collective operating construction land into the market, the complete cancellation of restrictions on the relocation of second-hand cars, and the promotion of a unified national electricity market system and carbon market, as well as the construction of a unified and open transportation market.
Last year, the Opinions on Accelerating the Construction of a National Unified Market were issued and implemented. Over the past year since the release of the document, various regions and departments have solidly promoted the implementation and implementation of key tasks. With the joint efforts of all parties, preliminary results have been achieved in building a unified national market, social consensus has been further strengthened, and the implementation path of key tasks has been further clarified.
The first batch of corporate bonds reviewed and issued by the China Securities Regulatory Commission
Officially launched in the market
Li Chunlin, Deputy Director of the National Development and Reform Commission, stated at the meeting that a unified factor market is an important component of the national unified market and a key area for building a national unified market. In recent years, various parties have continued to work together to promote a number of substantive reform measures to be implemented and gradually blossomed.
For example, the pilot work of deepening the entry of rural collective operating construction land into the market has been fully launched, the policy of opening up and expanding urban household registration has been steadily and orderly implemented, the reform of the stock issuance registration system has been comprehensively implemented, the responsibilities for reviewing and supervising the issuance of company and enterprise bonds have been unified, the formation of an interconnected technology trading network has been promoted, and the construction of a unified data foundation system has been accelerated. These reforms are being vigorously and orderly promoted.
"After the establishment of the new government, in accordance with the requirements of institutional reform, the audit function of enterprise bond issuance, which was originally managed by the Development and Reform Commission, has been transferred to the China Securities Regulatory Commission. Now, the first batch of enterprise bonds audited and issued by the China Securities Regulatory Commission have been officially issued in the market, and these reforms are effectively advancing. Overall, the systematic, overall, and collaborative reforms in various element fields have been further improved, resulting in a synergistic effect of reform and development, playing a positive role in promoting high-quality development." Li Chunlin said.
The nationwide unified market access system is gradually improving
Implementing a unified market access system is an important task in building a unified national market. China implements a negative list management model. Since the first version of the negative list system for market access was released in 2018, it has undergone three dynamic revisions. Currently, the "Negative List for Market Access" is being implemented, and industries, fields, and businesses outside the list can be entered equally by all types of business entities in accordance with the law.
Li Chunlin introduced that since the implementation of the negative list system, the market access management system has been continuously improved, which hinders the market-oriented allocation of production factors and the further removal of obstacles in the circulation system and mechanism of goods and services. The combination of effective markets and promising governments can be better achieved.
A unified market cannot be separated from a unified market regulatory system and rules. Zhu Cambridge, Director of the Comprehensive Planning Department of the State Administration for Market Regulation, introduced that the State Administration for Market Regulation has promoted the completion of the revision of the Anti Monopoly Law of the People's Republic of China, formulated the Implementation Rules of the Regulations on the Registration and Administration of Market Entities of the People's Republic of China, issued the Guiding Catalogue of Comprehensive Administrative Enforcement Matters for Market Supervision and Administration, and the Guiding Opinions on Regulating the Discretionary Power of Administrative Penalties in Market Supervision and Administration, further strengthening the unity of market supervision rules.
The unified large market is still a strong domestic market that promotes the dual circulation of domestic and international markets. In terms of coordinating international rules, the Ministry of Commerce has introduced and implemented the Foreign Investment Law of the People's Republic of China, promoting the clearance of over 500 administrative regulations and documents that are inconsistent with the Foreign Investment Law of the People's Republic of China. The national negative list of foreign investment access has been reduced from 93 items in 2017 to 31 items in 2022, and the Guiding Opinions on High Quality Implementation of RCEP have been issued to accelerate the process of joining the CPTPP, promote the establishment of China's accession working group for DEPA member countries, and accelerate the integration with international high standard economic and trade regulations.
State Administration for Market Regulation: Accelerating the promulgation of the Fair Competition Review Regulations
In promoting the construction of a unified national market, Zhu Cambridge, Director of the Comprehensive Planning Department of the State Administration for Market Regulation, stated that the next step will be to increase the supervision and enforcement of market intervention behavior. We will carry out a special clean-up of policy measures that hinder the construction of a unified national market, and resolutely investigate and punish behaviors such as restricted trading and hindering the free flow of commodity elements and resources.
At the same time, the State Administration for Market Regulation will also strengthen the institutional and regulatory foundation for all types of business entities to participate equally in market competition. Actively promote the accelerated revision of the Anti Unfair Competition Law of the People's Republic of China, accelerate the promulgation of the Fair Competition Review Regulations, and optimize the registration system for enterprise cross regional migration.
It is reported that the State Administration for Market Regulation has further improved the administrative monopoly supervision system, timely revised the "Provisions on Preventing the Abuse of Administrative Power and Excluding Restrictive Competition Behaviors", and studied and drafted the "Fair Competition Review Regulations". It has been publicly soliciting opinions from the society on May 12, 2023.
Data shows that since 2022, the State Administration for Market Regulation has completed 78 administrative monopoly cases, promptly corrected improper market intervention behaviors such as designated transactions and hindering the free flow of commodity factors, effectively promoting smooth domestic circulation.
Ministry of Commerce: Accelerating the Construction of a Unified Automobile Market
In order to accelerate the construction of a unified national market, Zhou Qiang, Director of the Market System Construction Department of the Ministry of Commerce, stated that regional market integration construction will be carried out. Promote the establishment and improvement of regional cooperation mechanisms by the commercial authorities in the Beijing Tianjin Hebei and Yangtze River Delta regions, enhance the level of regional market integration in the Guangdong Hong Kong Macao Greater Bay Area, and promote the construction of a unified national market from point to area.
It is reported that the Ministry of Commerce is promoting the lifting of unreasonable restrictions on the distribution of second-hand cars, improving the registration and management of second-hand car market entities and vehicle transactions, and accelerating the construction of a unified automobile market.
Strengthening the construction of county-level and urban commercial systems is also an important aspect of building a unified large market. Zhou Qiang stated that in cities, the Ministry of Commerce will enhance the level of urban commerce and create more smart and convenient consumption scenarios.
In rural areas, the Ministry of Commerce will improve the rural circulation system and enhance the three-level commercial network in counties and villages. "At the county level, we will enhance the functions of county-level logistics distribution centers, develop joint distribution, promote one network for multiple purposes, and create a common carrier for industrial products to go to rural areas and agricultural products to enter cities." Zhou Qiang said.
Resolutely eradicate local protectionism
Li Chunlin stated that we must effectively fulfill our responsibility in building a unified national market. Each region should correctly handle the relationship between local and global situations, make the "small situation" subordinate to the "big situation" and "small principles" subordinate to the "big principles", resolutely eliminate local protectionism, ensure implementation without discount, and actively correct improper market intervention behavior.
"The relevant departments should adhere to proactive actions and actions towards each other, resolutely break away from departmentalism, vigorously supervise and rectify prominent problems in their own industry and field, introduce supporting policies, and establish a closed-loop mechanism for implementation." Li Chunlin said.
He also stated that it is necessary to accurately grasp the practical requirements for building a unified national market. Building a unified national market is a complex and systematic project, which requires adhering to goal oriented and problem oriented approaches, addressing both the root cause and root cause, and combining the long and short term. We need to focus on carrying out special governance for prominent problems and demolish the "fences" that restrict the construction of a unified national market; We need to work hard for a long time, be good at using reform ideas and methods, further improve relevant institutional mechanisms and supporting systems, and cultivate a "soil" conducive to building a unified national market. That is to say, it is necessary to demolish the "fence" and replace the "soil" that the "fence" breeds.
