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Translated by Jelly Feng, April 7, 2015.
On March 30th, a high-end forums “law-making and institutional innovation” was ceremoniously held in the CPC Fujian Provincial Committee Party School and School of Administration, which was sponsored by CPC Fujian Provincial Committee Party School, School of Administration of Fujian, Shanghai University of Finance and Economics and the Cooperation and Innovation Center of the Pilot Free Trade Zone (FTZ).
Presenting at the forum were Wang Xinkui who is the director of the Center, a member of CPPCC Standing Committee，director of Counselor of Shanghai Municipal People’s Government and director and CEO of the WTO Affairs Consultation Center; Wen Wanli who is the vice director and secretary of Shanghai International Arbitration Center(SHIAC); Xu Xiaoji who is the Deputy Dean of the CPC Fujian Provincial Committee Party School and School of Administration; Zhang Qiu who is the Deputy and Secretary of Party Committee of Business Hall in Fujian Province; Yang Huairong who is the Director of Fujian Provincial Bureau of Civil Servants; Wang Maochang who is the Deputy of the Local Tax Bureau in Fujian; Xia Xianpeng who is the vice-president of High People’s Court in Fujian; Jiang Bo who is a member of the standing committee in Fuzhou and deputy mayor. In addition, many leaders, specialists and scholars from Shanghai University of Finance and Economics, East China University of Political Science and Law and Shanghai Institute of Foreign Trade presented this forum. Other members of related departments in Fujian leading team, some related members of the FTZ Office in Fuzhou, Xiamen and Pingtan and some specialists and scholars from colleges and universities in Fuzhou also attended this forum.
On the forum, specialists and scholars as well as leading cadres from practice sector discussed on the topics of “The Law-making of Free Trade Zone in Fujian and The Cross-strait Interaction”, “Free trading, International Standard and Opening-up” and “The Dispute Resolution, Reformation on Administrative and Comprehensive Supervision”.
Professor Zheng, the leading expert of the Cooperation and Innovation Center, assistant to the president of Shanghai University of Finance and Economics and the vice president of the graduate school delivered a speech about making the terms in the Pilot Free Trade Zone in Fujian, China.
Rule-making of the FTZ must be in accordance with the international high-level rules of investing and trading.
Professor Zheng pointed out that the construction of FTZ was processed by the opening-up of investment, trade and finance, including the transformation of government functions. Rule-making of the FTZ must be in accordance with the international rules of investing and trading which is of high level. “In order to promote reformation, FTZ is operated under these rules. It is opening-up that stimulates reformation.” said Professor Zheng.
Within the legal framework, Fujian should try bravely in FTZ development.
Professor Zheng held the opinion that Fujian could reform bravely under basic legal framework. “We can do everything which isn’t forbidden by laws. It means that we encourage innovation both from the public and corporations”. Besides, he also thought government should change their management methods to adapt the Negative List.
The state-owned enterprise is faced with fair competition in FTZ.
As far as Professor Zheng concerned, fair competition should be emphasized during the reformation of state-owned enterprises in FTZ. “FTZ is a ship which these corporations will borrow to go overseas and accord with the international rules of investing and trading. For example, whether it’s necessary for the government to protect China-made goods in government procurement?” In addition, it is important to give the government more transparency during the development of FTZ. “In fact, how to consider public opinion into regulations is another example”, said Professor Zheng.
Published：2015-04-07
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