Author: Liu Jintu

The upgrading of the Sino -US trade war, the United States requires that it is becoming more and more clear, that is, forcing China to open up the market, especially in the three major areas of finance, technology and agriculture, to allow Western companies led by the United States to enter the Mainland.How should China respond?

At the beginning of the Sino -US trade war, China had sent a special envoy to Washington to promise to significantly increase the purchase of American goods to reduce the trade deficit between the two countries.But the United States did not accept it and insisted on asking China to open the market.China is unwilling to agree to the US demand. There are two main concerns: one is that Chinese and Chinese "forced to Andrdquo; promised to open the market.The competitiveness in this field lags behind the United States, and the big open door may be dominated by American companies in the future.

This year marks the 40th anniversary of reform and opening up. If China increases the pace of opening up at this historical moment, in exchange for a relatively peaceful external environment, and stabilize the economic growth momentum of the Mainland. From the perspective of ordinary people, it is definitely a good thing.Fighting until two defeats.The successful resolution of the Sino -US economic and trade crisis can create a win -win situation in China and the United States, which is better than disadvantages to leaders' prestige.

As for the issue of the market by the market by European and American companies, it is not necessary to worry too much about the past reform and opening up experience.China has long relied on the US Boeing and the EU Airbus to supply civil aviation passenger planes, and now it has been able to develop large aircraft by itself.The Chinese automobile market was once dominated by the United States, Europe, and Japan, but the emergence of electric vehicles has changed market rules, and China's competitiveness in the field of electric vehicles is not weak.Similarly, in the 3G mobile communications age, the opening of the market means making European and American communications companies make a lot of money; but by the 4G age, Huawei and Xiaomi have chased it, and in the 5G communication age, they can compare with European and American companies.

These real examples show that in the early days of open markets, foreign companies have indeed advantages, but the pressure of market competition will promote the rapid growth of Chinese companies, and they can catch up in time.Consumers are very good in this chasing process.

Taking milk powder and vaccine as an example, the products produced by Chinese should have the advantages of cost -effectiveness and beauty. However, due to institutional defects, the credit crisis has caused citizens to abandon domestic goods to pursue imported goods.The prohibition of imports cannot solve the problem. It allows imports to force state -owned enterprises to reform, and protectionism will only be counterproductive.

Taking the field of science and technology as an example, Chinese companies such as Tencent and Alibaba are actually quite powerful. Electronic payment and e -commerce technology are quite mature, and they are actively developing the European and American markets.If Apple is not allowed to pay or Amazon to enter the Chinese market, how can we exchange the European and American markets to open to Chinese companies?Similarly, WeChat and Baidu have overwhelmed market advantages through the protection of the past. Why are they afraid of Facebook and Google?

As for finance, all regulatory powers are held in the hands of the Chinese government.As long as the renminbi has not been freely converted, China is strictly controlled in and out of China. How can European and American financial companies enter the Chinese market in an orderly manner?If the central financial department is still worried, it can be used as a pilot of Hong Kong and Shenzhen to make more pilot plans.

The author is a senior media person