Optimization Research On Supervision Mechanism Under The Negative List System For Market Access

The Third Plenary Session of the 18 th CPC Central Committee and the 19 th CPC Central Committee put forward requirements to speed up the operation of the negative list system for market access.The Third Plenary Session of the 18 th CPC Central Committee called for the implementation of a nationwide negative list system in 2018.After the pilot of the negative list of foreign investment in 12 free trade zones and the pilot of the negative list of domestic investment in 15 provinces,the official version of the negative list that is currently in use nationwide was released in December 2018.The negative list system has changed the examination and approval procedures for enterprises in the market access stage,simplifying the procedures for enterprises not on the list to register only after market access.This kind of " reverse" and market access rules that embody the principle of " law can be done without prohibition" have stimulated market vitality,innovated access thinking and pushed the government to carry out functional reforms,bringing a lot of benefits.But there are also many problems that need to be solved urgently.After the implementation of the negative list system,the government's regulatory capacity has been challenged.The sharp increase in the number of market players has also increased the demand for a good regulatory system.Although the negative list system has been piloted in Shanghai Free Trade Zone,many scholars in China have been exploring it from various angles.However,there are not many scholars and literatures that focus on the regulatory mechanism under the negative market access list system.On the basis of summarizing the theory and practice of China's negative list system of market access,this paper joins in the research and experience of foreign scholars to explore the optimization measures of supervision mechanism.Firstly,this paper analyzes the current supervision system in the implementation of the negative list system of market access,sorts out the development process of FTZ,and summarizes the supervision systems and innovative supervision measures established in 12 FTZs.Secondly,a questionnaire survey was conducted on the market participants' cognition of the existing government supervision measures and their satisfaction with supervision.Based on the summary of practical experience and the results of the questionnaire survey,this paper analyzes the problems and causes in the implementation of the negative list in China.It is believed that the existing problems are caused by imperfect laws and regulations,imperfect credit management system and classification of credit risks,and lack of industry supervision.Finally,it also draws on the experience of developed countries represented by the United States and developing countries represented by Indonesia to improve the supervision system under the negative list system.Finally,based on the summary of the above contents,this paper puts forward some suggestions for optimizing the supervision mechanism under the negative list system of market access.