On the evening of April 10, the Central Committee of the Communist Party of China and the State Council issued the “Opinions on Accelerating the Construction of a National Unified Market” (hereinafter referred to as the “Opinions”), which provided an action plan for building a national unified market from an overall and strategic perspective.
The “Opinions” put forward the main goals of building a unified national market, including: continue to promote efficient and smooth domestic market and scale expansion; accelerate the creation of a stable, fair, transparent and predictable business environment; further reduce market transaction costs; promote technological innovation and industrial upgrading ; Cultivate new advantages to participate in international competition and cooperation.
The Opinions set out six main tasks, namely: strengthening the unification of basic market systems and rules, promoting high-standard connectivity of market facilities, creating a unified market for factors and resources, promoting high-level unification of commodity and service markets, and promoting fair market supervision Unify and further regulate improper market competition and market intervention.
Let’s take a look at the important statement:
1. Strictly implement the “one national list” management model, strictly prohibit all regions and departments from issuing negative lists with a market access nature on their own, and maintain the uniformity, seriousness and authority of the market access negative list system.
2. Vigorously develop third-party logistics, support the construction of digital third-party logistics delivery platforms, promote innovation in technology and business models in the third-party logistics industry, cultivate a group of digital platform companies and supply chain companies with global influence, and promote logistics cost reduction in the whole society Synergistic.
3. Encourage trading platforms to cooperate with financial institutions and intermediaries, and develop legal development covering property rights definition, price evaluation, guarantee,InsuranceA comprehensive service system for other businesses.
4. Select regional equity markets with safe and standardized operation and strong risk management capabilities, carry out pilot systems and business innovations, and strengthen regional equity markets and national equity markets.securitiesCooperation between market sectors.
5. Strengthen the supervision of the capital market, improve the supervision system with clear rights and responsibilities, clear division of labor, and smooth operation, and build a solid bottom line for preventing systemic financial risks.
6. Improve the oil and gas futures product system, standardize the construction of oil and gas trading centers, and optimize the layout of key infrastructure such as trading venues and delivery warehouses. Promote the interconnection of oil and gas pipeline network facilities and open them to various market players fairly.
7. For food and drug safety and other key areas directly related to people’s health and life safety, implement the most stringent standards, the strictest supervision, the most severe punishment, and the most serious accountability.
8. Strengthen the centralized review of operators in the fields of finance, media, technology, and people’s livelihood, and those involving start-ups, new formats, and labor-intensive industries, improve the quality and efficiency of review, and strengthen the identification, early warning, and prevention of monopoly risks.
9. Guide all regions to identify their own functional positioning, avoid greed for foreign countries, low-level duplication of construction, and excessive homogeneous competition, not to engage in “small and complete” self-recycling, and not to engage in regional development in the name of “internal circulation” blockade.
10. Except as expressly stipulated by laws and regulations, enterprises shall not be required to register in a certain place, and no obstacles shall be set up for enterprises to operate or relocate across regions.
Implement a unified market access system
The “Opinions” make it clear that the unified system and rules of the basic market system will be strengthened through four aspects: improving a unified property rights protection system, implementing a unified market access system, maintaining a unified fair competition system, and improving a unified social credit system.
In improving the unified property rights protection system, it will further standardize the rules and procedures of property-related compulsory measures in the field of law enforcement, and protect the property rights of enterprises and the personal and property safety of entrepreneurs in accordance with the law. At the same time, promote the innovation of the intellectual property litigation system and improve the cross-regional jurisdiction system of intellectual property courts.
In the implementation of a unified market access system, the management model of “one list for the whole country” will be strictly implemented. Research and improve market access efficiency evaluation indicators, and steadily carry out market access efficiency evaluation. Carry out the registration of market entities in accordance with the law, establish a unified national registration data standard and an industry word database for independent declaration of enterprise names, and gradually realize a unified expression of business scope registration. Formulate a national general qualification list to enhance the effectiveness of national mutual recognition and mutual use.
Vigorously develop third-party logistics
In terms of promoting high-standard connectivity of market facilities, the “Opinions” proposes to build a modern distribution network, improve market information exchange channels, and promote the optimization and upgrading of trading platforms.
In the construction of a modern circulation network, it will promote the construction of a national logistics hub network, vigorously develop multimodal transportation, and promote the standardized pallet and plate transportation mode. Vigorously develop third-party logistics, support the construction of digital third-party logistics delivery platforms, promote innovation in technology and business models in the third-party logistics industry, cultivate a group of digital platform companies and supply chain companies with global influence, and promote logistics in the whole society to reduce costs and increase efficiency .
In improving the market information exchange channels, the release mechanism of property rights transaction information will be unified to realize the connection of the national property rights transaction market.Optimize the industryannouncementPublicity and other important information release channels to promote the exchange and sharing of market public information in various fields.
In promoting the optimization and upgrading of the trading platform, it will accelerate the electronicization of the whole process of public resource trading. Accelerate the construction of commodity futures and spot markets. Encourage trading platforms to cooperate with financial institutions and intermediaries, and develop legal development covering property rights definition, price evaluation, guarantee,InsuranceA comprehensive service system for other businesses.
Create a unified market for factors and resources
In terms of creating a unified market for factors and resources, the “Opinions” propose that we will improve the unified land and labor market in urban and rural areas, accelerate the development of a unified capital market, accelerate the cultivation of a unified technology and data market, build a unified national energy market, and foster development. National unified ecological environment market.
In the development of the capital market, the “Opinions” propose that the registration of movable properties and rights guarantees will be unified, and movable property financing will be developed in accordance with the law.Select regional equity markets with safe and standardized operation and strong risk management capabilities, carry out pilot systems and business innovations, and strengthen regional equity markets and national equity markets.securitiesCooperation between market sectors. Promote the interconnection of bond market infrastructure and realize the free flow of bond market factors. Develop supply chain finance, and provide financial products that can directly reach the main business entities of various circulation links.
The “Opinions” also proposed to increase the supervision of the capital market, improve the supervision system with clear rights and responsibilities, clear division of labor, and smooth operation, and build a solid bottom line for preventing systemic financial risks. Adhere to financial services for the real economy, and prevent from deviating from the real to the virtual. Set up “traffic lights” for capital to prevent disorderly expansion of capital.
In terms of improving the land and labor market, the “Opinions” proposed that the increase and decrease of urban and rural construction land will be linked to surplus indicators, and the cross-regional transaction mechanism of supplementary cultivated land indicators will be improved. Improve the national unified secondary market for the transfer, leasing and mortgage of construction land use rights. Improve the policy of linking fiscal transfer payment and the scale of new urban construction land with the urbanization of agricultural transfer population.
In the construction of the energy market, the “Opinions” proposed that the construction of the national energy market will be promoted in an orderly manner. Improve the oil and gas futures product system, standardize the construction of oil and gas trading centers, and optimize the layout of key infrastructure such as trading venues and delivery warehouses. Promote the interconnection of oil and gas pipeline network facilities and open them to various market players fairly. Accelerate the establishment of a unified natural gas energy metering and pricing system. Research and promote the timely establishment of a national power trading center. Promote the improvement of a unified national coal trading market.
In cultivating the ecological environment market, the “Opinions” proposed that a unified national carbon emission rights and water rights trading market will be built, and a unified and standardized industry standard and trading supervision mechanism will be implemented. Promote market-based trading of emission rights and energy use rights, and explore the establishment of systems for initial distribution, paid use, market transactions, dispute resolution, and supporting services.
Breaking down regional barriers and not engaging in regional blockades in the name of “internal circulation”
In terms of further regulating improper market competition and market intervention, the “Opinions” propose that efforts will be made to strengthen anti-monopoly and eliminate issues such as platform enterprise data monopoly. Strengthen the centralized examination of operators in the fields of finance, media, technology, and people’s livelihood, and involving start-ups, new business forms, and labor-intensive industries.
The “Opinions” propose that local protection and regional barriers will be removed. Guide all regions to identify their own functional positioning, and avoid greed for foreign countries, low-level duplication of construction, and excessive homogeneous competition, and do not engage in “small but complete” self-circulation, let alone engage in regional blockades in the name of “internal circulation”. Establish a list of preferential policies related to enterprises and disclose them to the public in a timely manner, promptly clean up and abolish policies in various regions that impede a unified market and fair competition, including local protection, market segmentation, and designated transactions, and comprehensively clean up those that discriminate against foreign-funded enterprises and non-local enterprises and implement local protection. Various preferential policies, and strictly carry out fair competition review of newly introduced policies.
The “Opinions” also make it clear that regulations and practices that impede equal access and withdrawal in accordance with the law will be cleaned up and abolished. For example, unless clearly stipulated by laws and regulations, enterprises shall not be required to register in a certain place, and no obstacles shall be set up for enterprises to operate or relocate across regions. Unreasonable and discriminatory entry and exit conditions shall not be set to restrict the free flow of goods and services, factor resources, etc. In addition, we will continue to clean up regulations and practices that violate the unified market construction in the field of bidding and procurement. For example, it is strictly forbidden to illegally limit or designate specific patents, trademarks, brands, parts, origins, and suppliers in bidding and government procurement, and it is not allowed to illegally set qualifications and technologies that are incompatible with the specific characteristics and actual needs of the bidding and procurement projects. , business conditions, etc.
Analysis and interpretation
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(Article Source:brokerageChina)