Page 104 - 2021 Special Report
P. 104
Fig 9 Guangxi is one of the top 5 automobile production hubs in China
Note: As of 2019
Source: Wind
China featuring convenient trade and investment, market players and focus on removing barriers
efficient administration, standardized government to market access and exit, the Regulations have
services, and a sound legal system, and (iv) improved systems in such aspects as evaluation,
create a stable, fair, transparent, and predictable incentive accountability, fault tolerance, complaints
development environment for all types of market and reporting, benchmarking international and
entities to invest and do business. domestic advanced level provisions are made
in five aspects, namely, market environment,
- The regulations highlight the goal of government services, supervision and law
"fairness" and specify areas other than the enforcement, and legal protection. Requirements
negative list where market players can enter on are also made for tax and fee reduction, payment
an equal basis in accordance with the law. The in arrears, protection of intellectual property
Regulations will ensure that market entities of all rights, financing services, innovation and
types have equal access to capital, technology, entrepreneurship, project approval, and protection
human resources and other factors of production of legitimate rights and interests of enterprises.
and public service resources in accordance with
the law. The government will review industry Several Measures to Accelerate the Con-
access, qualification standards and other struction of a Financial Open Door for ASEAN
regulations and practices related to the nature
of enterprises should be reviewed, ensuring all On 9 June 2020, the People's Government
kinds of policies of the state and autonomous of Guangxi Zhuang Autonomous Region issued
regions supporting development are applied “Several Measures to Accelerate the Construction
equally in accordance with the law. All forms of o f a Fina nc ia l Op en D o o r fo r A S E A N”, to m a k e
ownership and market entities in different regions greater efforts to promote the supply-side
should be treated equally in tendering, bidding structural reform and opening-up cooperation in
and government procurement, including property the financial sector in Guangxi at a deeper and
rights and intellectual property rights in the broader level, and to speed up the construction of
category of equal protection. a financial open door for ASEAN by:
- In order to enhance the sense of gain of - Encouraging high-quality financial factors
104
Note: As of 2019
Source: Wind
China featuring convenient trade and investment, market players and focus on removing barriers
efficient administration, standardized government to market access and exit, the Regulations have
services, and a sound legal system, and (iv) improved systems in such aspects as evaluation,
create a stable, fair, transparent, and predictable incentive accountability, fault tolerance, complaints
development environment for all types of market and reporting, benchmarking international and
entities to invest and do business. domestic advanced level provisions are made
in five aspects, namely, market environment,
- The regulations highlight the goal of government services, supervision and law
"fairness" and specify areas other than the enforcement, and legal protection. Requirements
negative list where market players can enter on are also made for tax and fee reduction, payment
an equal basis in accordance with the law. The in arrears, protection of intellectual property
Regulations will ensure that market entities of all rights, financing services, innovation and
types have equal access to capital, technology, entrepreneurship, project approval, and protection
human resources and other factors of production of legitimate rights and interests of enterprises.
and public service resources in accordance with
the law. The government will review industry Several Measures to Accelerate the Con-
access, qualification standards and other struction of a Financial Open Door for ASEAN
regulations and practices related to the nature
of enterprises should be reviewed, ensuring all On 9 June 2020, the People's Government
kinds of policies of the state and autonomous of Guangxi Zhuang Autonomous Region issued
regions supporting development are applied “Several Measures to Accelerate the Construction
equally in accordance with the law. All forms of o f a Fina nc ia l Op en D o o r fo r A S E A N”, to m a k e
ownership and market entities in different regions greater efforts to promote the supply-side
should be treated equally in tendering, bidding structural reform and opening-up cooperation in
and government procurement, including property the financial sector in Guangxi at a deeper and
rights and intellectual property rights in the broader level, and to speed up the construction of
category of equal protection. a financial open door for ASEAN by:
- In order to enhance the sense of gain of - Encouraging high-quality financial factors
104
