Study on the Reform of the Open Policy of Utilizing Foreign Investment in China's Leasing and Business Service Industry

Authors

  • Jian Yang School of Earth Sciences and Resources, China University of Geosciences (Beijing), China
  • Yu Feng Graduate Schools, China University of Geosciences (Beijing), China

DOI:

https://doi.org/10.37256/ujfe.3120244712

Keywords:

Leasing and business service industry, Opening up, Policy reform

Abstract

The utilization of foreign capital in China's leasing and business service industries has played an important role in economic development, which is highlighted in that it has become the second largest area of China's utilization of foreign capital. In 2022, China's actual use of foreign capital amounted to 123.268 billion RMB , up 6.3% year-on-year on a comparable basis, or US$189.13 billion, up 8% year-on-year. China's leasing and business service industries still have problems in opening up to the outside world, such as the unity of opening policies to be coordinated, the accuracy of opening up efforts to be improved, the matching of opening measures to be improved, the forward-looking of opening up supervision to be strengthened, and the guidance of opening up and development to be improved. In the future, China should continue to use foreign capital with high quality by improving the level of opening up, focusing on promoting the development of service trade in leasing and business services, and lowering the threshold of market access; The focus of development is to reform some policies and systems and create a good business environment; The focus of risk prevention and control is to innovate regulatory methods and build a forward-looking and flexible risk prevention and control system.

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Published

2024-04-17