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    How Far Is The Shanghai Free Trade Zone From The "Most Open Free Trade Zone"?

    2015/11/20 14:44:00 35

    ShanghaiFree Trade ZoneOpenness

    On the news briefing of "open development" held by the Shanghai municipal government, Shang Yuying, director of the Shanghai Municipal Commission of Commerce, pointed out that the development goal of Shanghai in the next 5 years is: by 2020, we will basically build an international trade center with two domestic and international resource allocation functions, and basically form a modern market system with sound rules, integrity, openness, competitive order, and high efficiency.

    Well,

    Shanghai

    What way does the FTA go from the "free trade zone with the highest openness"?

    Zhu Min, deputy director of the Shanghai Free Trade Area Management Committee, informed the media that the Shanghai free trade area will focus on three aspects.

    First, the Central Committee and the municipal Party committee and the municipal government are required to do a good job of benchmarking international experience and meet the needs of the standard enterprises. We should strive to turn these requirements into specific reform measures to promote the work of the FTA pilot area with "three benchmarks".

    In particular, we should stick to the key tasks of the current free trade area, and make new breakthroughs in the 40 aspects of financial reform, the improvement of the public notice system of enterprise annual reports and the promotion of trade facilitation.

    "Take the enterprise annual report publicity system as an example, this is the first pilot of the FTA pilot area in Pudong. Now it has been extended to the whole city and the whole country. The next step will continue to deepen this work and increase the contents of the annual report publicity, such as non-financial information, social responsibility, environmental protection standards, intellectual property protection and other information, so that the annual report content is richer."

    The two is to fully enlarge the advantage effect of the FTA, and focus on the key points.

    We should focus on the advantages of the Shanghai Free Trade Zone, focus on the key areas, key links and key issues of these advantages, and concentrate our efforts on putting forward and implementing a number of predictable and effective key reform measures.

    On the basis of further international standards, we will explore a number of new experiences that can be replicated and promoted by exploring the government information sharing and credit system construction and the single window of international trade.

    If we push ahead with the reform of "license separation", we can abolish all the licensing matters. We must improve pparency while we can not cancel it. At the same time, we should establish an appropriate system of post event regulatory arrangements for the areas and industries that have abolished licenses.

    If we build the online government hall, we will form a new management and service mechanism of "online government hall + single window + centralized examination and approval" to better play the role of the third party organizations in the society.

    Such as strengthening the construction of credit information platform, and promoting

    information sharing

    The platform should be co constructed and interconnected to strengthen cooperation with the third party institutions so as to speed up the construction of the social credit system.

    Three, we must focus on the construction of the "four centers" and create the highest level of openness.

    Free Trade Zone

    Taking the bonded area as the guide, we should further explore the management mode of "inside the border area", deepen the "single window" of international trade and the classified supervision of cargo status, and expand the international forwarding and assembling business of Yangshan shipping and airport air pportation, while further reducing the clearance time, greatly reducing the cost of customs clearance and improving the efficiency of port clearance.

    We will continue to promote the Asia Pacific operators' plan to speed up the upgrading of enterprises and port trade levels.

    Speed up the third party certification enterprises, art trading enterprises and other high-end service industry agglomeration.

    We will actively promote offshore economic and cross-border business development.

    Taking Zhangjiang's comprehensive national science center as its core, we will strive to build the best technology city.

    We should increase financial innovation and opening up to create the most characteristic and bright core function area of financial centers.

    Relying on the free-trade account system, we will strive for the pilot projects of qualified individual investors' overseas investment, cross-border pfer of asset securitization, and the issuance of large negotiable certificates of deposit by foreign issuers.

    We will promote the landing of key functional platforms, create a global wealth management plateau, accelerate the development of new Internet financial agglomeration, and enrich and improve the financial ecology.

    In addition, we should comprehensively link up the construction of the science and technology innovation center and strive to build the most efficient "double self" linkage mechanism.

    The Shanghai free trade zone has initially put forward 10 key innovative pilot projects, and strives to make breakthroughs in key areas such as exploring and perfecting the management methods of high-tech enterprises and advanced technology service enterprises, promoting overseas venture capital funds to invest directly in domestic innovative enterprises, establishing international intellectual property trading platform, integrated circuit bonded supervision, and bio pharmaceutical CMO.


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