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Original title: The fifth batch of six free zones showed report cards in seven aspects
Our reporter Liu Meng
The fifth batch of approved free zones is “one year old”!
On August 26, 2019, the State Council issued the “Approval on the approval of the establishment of six new pilot free trade zones”, and the list of the fifth batch of pilot free trade zones of China (hereinafter , “free trade zones”). On the same day, the State Council issued the “Master Plan for the Pilot Free Zones of China (Shandong), (Jiangsu), (Guangxi), (Hebei), (Yunnan) and (Heilongjiang)” (hereinafter referred to as together the “General Plan”).
On August 30, 2019, the six free zones held their inauguration ceremony. So far, 18 free zones have formally built new territory to open up. Recently, the fifth batch of six free zones have successively published their first anniversary transcripts.
The “Securities Daily” reporter noted that the six free zones have multiple areas in seven aspects, including replication and promotion of innovative achievements, newly established enterprises, liquidation of major projects, facilitation of customs clearance, financial services innovation, promotion of the reform of decentralization, regulation and service, and industrial agglomeration. I got outstanding results.
On August 27, the Yunnan Free Zone released the relevant results of last year’s construction and renovation. Specifically, under the guidance of the “General Plan”, we will closely follow 106 test tasks to carry out the electronicization of the entire cross-border settlement process in the border markets; introduce 16 financial reform and innovation system documents to promote cross-border RMB business innovation and development; Send 37 cases that can be replicated and promoted to the Ministry of Commerce, etc. In addition, during the epidemic period, the Yunnan Free Trade Zone actively explored the “Internet + Investment Promotion” model, introduced a series of investment promotion policies, organized the “Cloud Investment Promotion” promotional activities in the Free Trade Zone and signed 27 cooperation projects in a concentrated manner, as a “cloud signature”. The investment amount is about RMB 26.3 billion.
Take the Jiangsu Free Trade Zone as an example. At the end of June this year, 29,100 new market players were added, including nearly 300 foreign-funded companies. In the first half of the year, the actual use of foreign capital was 1.47 billion dollars, which represents 12% of the province. In terms of trade, in the first half of the year, the free trade zone completed a total import and export volume of 246.87 billion yuan, accounting for 13% of the province. The throughput of the port of Lianyungang reached 126 million tons, a year-on-year increase of 3.46%; international freight train traffic reached 25,200 TEU, a year-on-year increase of 42.3%. The China-Kazakhstan logistics base came in and out of 98,000 TEU containers, an increase of 13%. Regarding the implementation of large projects, the Jiangsu Free Trade Zone has successively signed 88 large industrial projects worth more than 100 million yuan, with a total investment of more than 150 billion yuan.
Xiao Benhua, vice dean of the Free Trade Zone Research Institute at Shanghai Lixin College of Accounting and Finance, told a Securities Daily reporter that the six free trade zones overall have made progress in facilitating trade and investment, transformation of government functions, financial innovation and openness in the last year. Many institutional innovations have been achieved, and some of the innovations are based on the individual functional positioning system of each area. For example, the “Adhered Iron Ore Screen” in the Caofeidian area of the Hebei Free Trade Zone is the first in the country.
Professor Pan Helin, Executive Dean of the Digital Economy Institute at Zhongnan University of Economics and Law, told the Securities Daily reporter that as of the current development, the fifth batch of six free zones has taken on the task of differentiated exploration and institutional innovation. At the same time, the results corresponding to the service of the main national strategies have been achieved. For example, the Hebei Free Trade Zone promoted the coordinated development of Beijing-Tianjin-Hebei, assumed the functions unrelated to the Beijing capital, and played the most important role in the construction of urban agglomerations; Jiangsu focused on high-tech, Guangxi explored AEO mutual recognition and Heilongjiang’s “license-based commitment on behalf of” certification “Some achievements have been made in those areas.
“Over the past year, around their respective functional positioning, their respective trade zones have become poles of economic growth and open highlands in their respective regions. For example, the Suzhou area of the Jiangsu Free Trade Zone promotes open innovation around ‘one zone and four highlands’ construction, biomedicine, nanotechnology The accelerated development of emerging industries, such as technology applications and artificial intelligence, has accelerated the pace of construction of high-end industries in the Suzhou area, “said Xiao Benhua.
So, as a new saw to open up to the outside world, how can the free trade zone play a leading role in the current situation? What areas will the next step focus on?
Xiao Benhua said that in the current complex international environment, the free trade zone should continue to play the role of deepening the reform of China’s “experimental field” and opening the “window”, benchmarking the zones of Advanced international free trade, increased system integration system innovation and national expansion. The opening to the outside world, the optimization of the business environment and the collection of high quality industrial projects in the country and abroad, will contribute to the gradual formation of a new development pattern with national and international cycles as a pillar and mutual promotion of national and international cycles.
Xu Yang, chairman of Shanghai Maicorong Information Consulting Co., Ltd., told a Securities Daily reporter that the first is to promote greater openness and innovative development of the free trade zone. Increase support for the differentiated exploration of free zones and carry out more institutional innovations for systems integration in specific areas. The second is to further increase the intensity of open stress tests. Regarding standard economic and commercial norms, further reduce the negative list of access to foreign investment in the free trade zone, and increase exploration to promote the institutional openness of rules, management and standards. The third is to keep doing a good job of replication and promotion. Form more high-quality institutional innovation results, replicate them on a larger scale, and unleash the dividends of the system of deepening reform and widening the opening up to the whole country, driving the continuous optimization of China’s business environment. The fourth is to continue strengthening the orientation services for the free trade zone. During the period of prevention and control of the epidemic, the communication and contact mechanism of the free zone work and the regular channels are used to track and promote the implementation of the pilot tasks, understand in a timely and complete manner the demands of the companies and make good policy research stocks. Support the respective trade zones to implement the stabilization policy of foreign trade and foreign investment, cultivate and expand the export-oriented economy, stimulate the vitality of market players, and better take advantage of the agglomeration effect of foreign trade and foreign companies in the free trade zone.
Pan Helin said that in addition to continuing to play the role of the free zone system as a testing ground, we must also focus on differentiated development. After all, the regional endowments and the resource endowments of various regions of China are different. In addition to serving openness, another role of the free trade zone as a pilot field is to build a competitive industrial cluster in the region, give full play to the comparative advantages of the region, and better contribute to the economic development of the region.