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[Caminando en la Zona de Libre Comercio]The Nanning area creates an open financial ecosystem and startups account for more than 70% of the Guangxi Free Trade Zone.
Economic Daily-China Economic Net, Beijing, September 8 (Reporter Jia Jia) In China’s pilot free trade zone system, the Guangxi Pilot Free Trade Zone is China’s only land-sea link, leading the free high-quality and high-quality trade of ASEAN open cooperation The park is also China’s first pilot free trade zone established in the minority autonomous region. The Nanning Free Trade Zone is actively building a central open financial gateway area to ASEAN and an important node of a new international land-sea trade channel.
The Nanning Free Trade Zone actively builds an open financial ecosystem represented by cross-border financial reform and innovation between China and ASEAN. Relevant people in charge stated at the “Walking Free Trade Zone” network theme event the Guangxi Free Trade Zone Cloud Symposium that the China-ASEAN Financial City located in Nanning area has cumulatively established 134 institutions financial (companies), boosting Nanning’s financial centers index in China The ranking climbed 6 places. Among them, 74 new settlers this year, far exceeding the total number of previous years.
At the same time, the Bank of China, the Construction Bank of China, the Agricultural Bank of China, the Merchants Bank of China, etc. were promoted to establish branches of free trade zones in Nanning, the BOC Hong Kong Business Operations Center in Southeast Asia, the ASEAN Service Center of the China Taiping Insurance Group and the Guangxi Service Base of the Shenzhen Stock Exchange Other key financial projects have been successively implemented to accelerate financial innovation and development of the Nanning area. From January to July 2020, the RMB cross-border settlement volume in Nanning area reached 34.5 billion yuan. In addition, “China-ASEAN Cross-Border Financial Innovation and Reform” was selected as “Top Ten Cases of Institutional Innovation in China’s Pilot Free Trade Zones for 2019-2020”.
The Nanning Free Trade Zone actively supports the new land-sea canal in the west. The competent person in charge stated that the Nanning area promotes the construction of the Nanning international logistics park between China and Singapore and the central area of the comprehensive cross-border e-commerce pilot area, and continues to accelerate the improvement of the “Nanning channel”; accelerating the construction of ASEAN cross-border e-commerce logistics channel, China (Nanning)) Launch of comprehensive cross-border e-commerce pilot zone for ASEAN Launch of cross-border e-commerce freight transport service (Nanning-Hanoi), launch of the China-Philippines cross-border e-commerce charter flight route (Nanning-Manila); Nanning Airport Economic Demonstration Zone, Nanning International, was successfully approved. The construction of railway ports continues to accelerate.
In addition, the Nanning Free Zone continues to explore innovative regulatory models and investment promotion models, and strives to promote the construction of key projects. The Economic Daily-China Economic Net reporter learned at the meeting that last year there were 6,050 startups in the Nanning Free Trade Zone (including 44 foreign-owned companies), of which 4,187 new businesses will be added in 2020. , which roughly represents the number of startups in the three areas. 70.8% of the total; 29 domestic projects were introduced outside the area with an investment value of more than 100 million yuan, with an investment amount of 16.185 million yuan; and the actual use of foreign capital for commercial purposes was $ 80.23 million.
