FTA Speed Up Preparation For The Listing Time

At present, the preparatory work is almost ready for the final firing. In addition, more than 100 landmark reform initiatives will be launched on the four day of the listing, including the transformation of government functions, the negative list, liberalization of trade and investment facilitation, and financial reform.

In April 1st, the Fujian provincial government announced the decision to temporarily suspend some local regulations in the free trade area, clearing the legal obstacles for the innovation of the free trade area. Reporters learned from relevant channels that the planning orientation, development direction and market gravity of the Guangdong free trade zone have been defined. Preparations for the Tianjin free trade zone have been basically completed.

For the Shanghai free trade area, the expansion of the region will soon enter the 2 stage of reform. How to continue to become a leader and pioneer, and further provide a replicable and popularized experience for national reform is the core task. According to the relevant sources of the Shanghai municipal government, the upcoming Shanghai free trade area will further deepen the reform and opening up program, which includes five aspects, namely, transformation of government functions, innovation of investment management system, innovation of trade regulation system, innovation of financial system, and protection of legal system and policy. These five aspects have broken down dozens of specific task measures.

Among them, the relevant reform efforts taking the transformation of government functions as the core will continue to deepen. From the topic of "the transformation of government functions under the background of the free trade area" submitted by the Free Trade Area Research Institute of Shanghai University of Finance and Economics to Pudong New Area, Shanghai, we can see the general path of relevant reform.

The reporter noted that the report put forward ten important tasks in the transformation of Pudong New Area's government functions under the background of the free trade area: decentralization, decentralization of authority, opening up of the service industry, e-government, information sharing of government departments, comprehensive law enforcement system, participation of social forces in the market supervision system, fair competition system, rights and interests protection system, open and transparent administration system, optimizing the organizational structure of government and improving the performance appraisal system, and so on, so as to concretely refine the work of 55 reforms.

As a major initiative of the FTA, the "negative list" will also further reduce weight in Shanghai. The relevant person in charge of the Shanghai Free Trade Zone Management Committee said that the negative version of the 2015 edition of the Shanghai free trade zone will surely have room for adjustment, but what is more important than the length is the transparency of management measures, so that the main body of the market can be fully anticipated. This is the next step of the Shanghai free trade area.

In addition, Shanghai will expand its service industry opening at a higher level, including insurance, automobile manufacturing, telecommunications, radio and television investment, film production and distribution. Offshore financial business is expected to further expand, and the bond market and derivatives market is expected to further open up.

Unlike the Shanghai free trade zone which has been experimented for more than a year, the first trial of the free trade zone system innovation is a new subject for Guangdong, Fujian and Tianjin three places. The three place also strives to make the free trade area local characteristics and open up a new path of reform in a certain field.

Exploring the deep integration of the mainland and Guangdong, Hong Kong and Macao will be an important part of the Guangdong free trade zone plan, and promoting the liberalization of trade in services between Guangdong, Hong Kong and Macao is a major task and core task. According to the management method of Guangdong free trade area (Draft), the related matters of Guangdong free trade area will be included in the joint meeting system of Guangdong, Guangdong and Macao. At the same time, we should implement more in-depth opening to Hong Kong and Macao under the framework of CEPA, focusing on financial services, business services, professional services, science and technology, cultural services and social services.

In addition, the reporter learned that the Guangdong free trade zone will expand its opening up to overseas investors in international shipping management, international ocean and international air transport services, shipping finance and other fields. Cross border RMB business, two-way opening of capital market, etc. Financial field There will also be innovations.

according to Fuzhou Xiamen, Pingtan, the three major areas of work plan, Xiamen to promote the Shanghai free trade area can replicate the experience of 35 pilot reform, Pingtan promotion 51 items, Fuzhou is within the scope of a comprehensive replication and promotion, all the pilot will be completed within the year.

The Fujian free trade zone is also closely related to the characteristics of Taiwan to launch reform and innovation measures. Taking the financial reform in Xiamen area as an example, the entry and business threshold of Taiwan funded financial institutions is expected to decrease. In addition, a pilot area will be established. Financial reform Innovation and cross-strait financial center construction linkage mechanism; Pingtan took the lead in the trial of Taiwan businessmen's total guarantee system for Taiwan enterprises, reduced the burden of enterprise funds, and facilitated enterprises to handle customs business; Fuzhou will further highlight Taiwan's finance, innovation and shutting down system, promote trade facilitation development, and deepen cooperation with Taiwan in medical, tourism, construction, agriculture and other aspects on the basis of replicating Shanghai's experience.

As the only free trade area in the north, Tianjin will not only retain the replicable scheme in the Shanghai free trade area, but also play a key role in giving full play to the function of the financial leasing business, increasing the internal radiation effect and highlighting the function of the free trade port. Tianjin Binhai New Area Central Business District will launch a number of financial reform policies, financing lease, commercial factoring, capital settlement and other aspects are expected to break through.

At present, Guangdong, Fujian and Tianjin three places have begun to take some first steps in some innovative measures. Take the Fujian free trade area as an example, the reporter learned from the Fujian provincial government that the three major areas of Fuzhou, Xiamen and Pingtan have tried out eight reform and innovation measures including "one accepted" platform, and these measures will be formally implemented after the listing of the FTA.

Industry experts told reporters that on the basis of replying the experience of the Shanghai free trade area according to local conditions, we can say that Guangdong, Fujian and Tianjin three major free trade zones have their own characteristics. Reform is institutional innovation, not investment promotion, nor is it a horse race enclosure. As a major national development strategy, the free trade area strategy will shoulder the important task of building an open economic system and a new pattern of opening up to the outside world.

Everything is ready except for the east wind. Reporters recently learned from many parties, although the time of listing has not yet been finalized, but with the adoption of the overall plan, Guangdong, Fujian, Tianjin, Shanghai FTA has been speeding up preparations for the final listing time.