The Strengthening of Competitive Neutrality in the Context of the Reconstruction of International Trade and Investment Rules and China's Response

Abstract

Abstract: The changes and development of global value chains have promoted the rise of service trade and the emergence of a new generation of trade issues. Following this, the evolution of competitive neutral international law and its strengthening in trade and investment rules have brought challenges and opportunities to China. The strengthening of competitive neutrality rules not only has a positive effect of boosting the development of open systems and the upgrading of the systems, but also has a negative effect of hindering the development of state-owned enterprises and the economic development. Weighing the pros and cons, we should construct a domestic policy that converges with international rules, achieve strategic breakthroughs through the “Belt and Road” initiative and the construction of free trade pilot zones, deepen the classified reform of state-owned enterprises, reduce government subsidies, compete for the right to speak on international economic and trade rules, and moderately compromise the balanced response strategy.

Key words: reconstruction of rules, strengthening of competitive neutrality, provisions of state-owned enterprises, policy convergence

CLC Number:

D996.1

KONG Jun-feng. The Strengthening of Competitive Neutrality in the Context of the Reconstruction of International Trade and Investment Rules and China's Response[J]. Journal of Jiangxi University of Finance and Economics, 2021, 0(4): 135-148.

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