At present, how should China make further efforts to improve the environment for international direc

In recent years, the world economy has continued to grow, and the good development trend has led to the development of international direct investment. According to the latest World Investment Report 1999 released by the United Nations Conference on Trade and Development (UNCTAD), in 1998, the total amount of global outward direct investment increased by nearly 40 per cent to more than $640 billion, of which the outward direct investment of developed countries increased by 46 per cent over the previous year to $595 billion. The report predicts that global outward FDI will well exceed $700 billion in 1999.

Although the current supply scale of international direct investment is unprecedented, on the whole, the global demand for international direct investment is greater than the supply, and several factors have caused fierce competition for investment: the economies of western developed countries have recovered one after another, domestic demand is strong, the rate of investment income has increased, and the demand and attractiveness of capital have been strengthened; The former Soviet Union and Eastern European transition countries have failed to form an orderly capital market in the short term, and the lack of fiscal strength has made foreign capital a very important capital**; The vast number of developing countries, especially those in financial crisis, urgently need to bring in foreign capital to revive their economies.

Yan Pengcheng, director of the National Policy Research Office and spokesman of the committee, said that the country will take greater measures. The first is to speed up the creation of a level playing field. In terms of qualification licensing, procurement, standard formulation, "Made in China 2025" policy, science and technology plan projects, enterprise listing, registration, etc., domestic and foreign-funded enterprises are given equal treatment.

The second is to focus on improving the level of investment facilitation. Fully implement the pre-establishment national treatment plus negative list management system for foreign investment, and simplify the management procedures outside the negative list. Fully implement the "single window, single **" for industrial and commercial registration and business filing of foreign-invested enterprises.

Docking with international standards, greatly reducing the time in starting a business, handling construction permits, cross-border **, etc.

The third is to continuously strengthen the construction of a law-based environment. Intensify the enforcement of intellectual property rights and protect the lawful rights and interests of foreign investors. Accelerate the formulation of basic laws on foreign investment, and determine in legal form the basic systems for investment protection, investment promotion, fair competition, investment management, and so on.

Content** in China Economic Net.

Judging from the market environment, development experience has profoundly shown that whoever grasps the market demand will have the greatest initiative in attracting investment. Therefore, we must focus on promoting China's transformation from the world's factory to the world's market.

At present, many multinational companies in developed economies such as the United States, Europe and Japan regard the development of the Chinese market as their most important strategy. This requires China to systematically design a policy framework, through measures such as improving the income level of low- and middle-income groups and promoting new urbanization, to create the world's largest middle-income consumer group, truly release the potential of domestic demand, and make the broad market space a powerful magnetic field to attract foreign investment.

The foreign investment management system has been gradually optimized. Before 2014, China implemented an approval system for all foreign investment projects. In 2014, the Administrative Measures for the Approval and Filing of Foreign Investment Projects were promulgated, and the management of foreign investment projects has changed from full approval to general filing and limited approval, and more than 96% of foreign investment is now subject to territorial filing.

Since its first promulgation in 1995, the Catalogue for the Guidance of Foreign Investment Industries, which is the basis for guiding the management of foreign investment projects, has been revised seven times, greatly relaxing the access to foreign investment, reducing the number of restrictive measures to 63, and greatly increasing the level of opening up in the fields of services, manufacturing, and mining. In 2018, China further revised the negative list for foreign investment and fully implemented the pre-establishment national treatment plus negative list management system.

The business environment continues to improve. Reform and opening up have enabled China to successfully realize the historical transformation from a highly centralized planned economic system to a dynamic socialist market economic system. Since the 18th National Congress of the Communist Party of China, China has straightened out the relationship between the market and the market, promoted the transformation of functions, and continuously optimized the business environment by deepening the reform of "delegating power, delegating power, delegating power, and improving services" and setting up a free pilot zone.

According to the Doing Business report released by the World Bank, in 2017, China's business environment jumped 18 places in the world compared with 2013. China's foreign investment management philosophy, management model and management system have undergone major changes, and China is one of the most attractive investment destinations in the world.

d. This question tests the knowledge of the "going out" strategy. China has entered a new stage of rapid growth in foreign investment, but the way of foreign investment is backward, which requires innovation in the way of foreign investment and cooperation.