Rule of law culture, regional growth enhance each other

BY WANG GUANGLU | 12-05-2019
(Chinese Social Sciences Today)
 
The forum on the rule of law culture in Yangzhou Photo: Wang Guanglu/CSST
 

 
YANGZHOU—At the recent 5th forum on regional rule of law culture, over 80 scholars from the theoretical and practical law fields discussed the rule of law culture development in several regions including the Belt and Road (B&R) areas and the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).
 
Cai Daotong, dean of the School of Law at Nanjing Normal University, said that customized construction of the rule of law should be adopted according to situations and features in various regions. One of the important acts is to strengthen the construction of regional rule of law culture during the process. Academia should follow the requirements of this new era and contribute to the research of regional rule of law culture, providing suggestions on its development and guiding a high-quality regional legal environment to become the essential competitiveness of regional growth.
 
Regional growth relies closely on the construction of regional rule of law culture. Cai Baogang, a professor from the School of law at Yangzhou University, said that in the process of comprehensively advancing law-based governance, people should carefully explore resources of regional rule of law culture. The premier act of the construction of the rule of law culture should focus on the full exploration of regional resources for rule of law culture, forming a positive situation of mutual promotion between rule of law construction and mass culture. An important direction for this construction is to focus the attention on certain subjects in certain regions, combining with local culture. In particular, distinctive images, symbols, stories, roles, metaphors and other resources in this area need to be probed carefully.
 
In the GBA construction, for example, the prosperity, cooperation and communication of green industries in this region, along with the deepening reform of the financial industry, urgently require the development of the rule of law culture concerning green finance. Ren Guozheng, a research fellow from the International Institute of Green Finance at the Central University of Finance and Economics, believed that obvious distinctions exist among Guangdong’s, Hong Kong’s and Macao’s legal, fiscal and taxation systems. 
 
As such, Ren said that it is necessary to effectively coordinate various legal systems for finance, fiscal and tax management in the process of integrated GBA development. We also need to accelerate the top-down design of the rule of law culture of green finance, realistically schedule the development of green finance in the GBA and settle relevant supporting systems and mechanisms as soon as possible. It is necessary to make breakthroughs in the mechanisms of organizational leadership, financial reform and innovation; the construction of financial infrastructure and financial supervision and cooperation; and then the comprehensive interconnection of policies, assets, information, technologies, talent and infrastructure.
 
With the coalition between the B&R and Eurasian Economic Union (EAEU) in recent years, Yang Changyu, a professor from the School of Law at Yangzhou University, said that the EAEU must be in accordance with modern concepts of the rule of law as global governance matures. It should give full play to the cohesive forces of existing cultures, improving the institutional design of the coalition.
 
edited by MA NIU XIAOQIAN