Summary Shanghai FTA set up after more than a year, the State Council executive meeting held recently pointed out, relying on the existing district, the park, in Guangdong, Tianjin, Fujian particular area and then set up three free economic zone to Shanghai Free Trade Zone pilot test content For the main body, combined with local characteristics, enrich the new...
After more than a year of establishment of the Shanghai Free Trade Zone, the State Council executive meeting recently pointed out that relying on the existing new districts and parks, three free trade zones will be set up in specific areas of Guangdong, Tianjin and Fujian. The pilot content of the Shanghai Pilot Free Trade Zone will be The main body, combined with local characteristics, enriches the new pilot content. The Guangdong Free Trade Zone is deeply integrated with Hong Kong and Macao. The Fujian Free Trade Zone is based on free trade with Taiwan, Tianjin Free Trade Zone and outside, radiating Beijing-Tianjin-Hebei, and the international shipping center and international logistics center.
From the advantages of setting up a new free trade zone, we can easily see that the strategy of reforming the administration of decentralization and decentralization will be a new round of high-level opening up and a broader reform pilot, which will further enhance the level of China's open economy. . Through the construction of the domestic free trade zone and the international free trade zone, the “Belt and Road†plan is expected to accelerate.
On December 12, the State Council decided to rely on the existing new districts and parks to set up three free trade zones in specific areas of Guangdong, Tianjin and Fujian, taking the pilot content of the Shanghai Pilot Free Trade Zone as the main body, and enriching the new pilot with local characteristics. content. In this way, the free trade park will be expanded from the current Shanghai to four regions in the east.
On December 5, the Central Political Bureau accelerated the construction of the free trade zone for the nineteenth collective study.
The study meeting of the Central Political Bureau provided ideas for China to speed up the construction of the free trade zone. In addition to strengthening the top-level design of the free trade zone construction, the construction of the free trade zone of countries along the “Belt and Road†will accelerate. The second batch of free trade parks in China is expected to be launched soon.
Setting the tone for the free trade zone strategy
The 19th collective study conducted by the Political Bureau of the CPC Central Committee has the theme of accelerating the construction of a free trade zone. The word "accelerate" in this is rich in meaning.
Through official reports, it can be seen that the central government has made it clear that China “cannot be a bystander or follower, but a participant and a leader†and “make more Chinese voices and inject more China into the international rules. element."
At present, China has signed 12 free trade agreements involving 20 countries and regions, including China and ASEAN, as well as free trade agreements between China and Singapore.
Industry experts pointed out that from the efforts of China over the past few years, the direction of opening up to the outside world has gradually become clear: it is to establish a community of interests based on the strategy of the free trade zone. From the periphery to accelerate the implementation of the free trade zone strategy, the transition to a global high-standard free trade zone network.
In the game of the right to formulate new rules for the world economy, China is no longer a "passive" role, and has taken the initiative. China does not stick to the WTO [microblogging] trading system, but actively participates in regional cooperation. It can be expected that China’s positive posture will not change significantly for a long time to come.
In his speech on December 5th, Xi Jinping, the general secretary of the CPC Central Committee, pointed out that China’s free trade zone strategy “has to be more effective.†The outside world believes that the so-called "must to seek a better job" is to combine sporadic and individual FTA negotiations with the overall free trade zone strategy, that is, to strive for China’s own efforts to raise the level of openness and compete for new The initiative in a wave of globalization is combined.
Through the information released by the Central Political Bureau on December 5th, China will show a more positive attitude in the future.
Xi Jinping pointed out that accelerating the implementation of the free trade zone strategy is a complex systematic project. To strengthen the top-level design and plan a big chess game, it is necessary to build a more important situation, and gradually build a network of free trade zones based on the surrounding areas, radiating the “Belt and Road†and facing the world, and actively build with the countries and regions along the “Belt and Roadâ€. The free trade zone has enabled China to cooperate more closely with countries along the route, to facilitate exchanges and to integrate interests. Efforts should be made to expand the quantity and quality, to explore boldly, keep pace with the times, actively expand the opening up of the service industry, and speed up negotiations on new issues.
The fulcrum of the “Belt and Road†and the “bridgeheadâ€
Accelerating the implementation of the free trade zone strategy is inseparable from the need for the Shanghai Free Trade Zone to be promoted and the need for economic transformation and upgrading.
At the end of September, Shanghai Party Secretary Han was accepting media interviews from Xinhua News Agency and other media. He pointed out that after the vigorous promotion of relevant state departments, in the past year, especially in the past six months, 21 systems in the Shanghai Free Trade Zone have been replicated throughout the country. There are 6 investment management, 9 trade supervision, and 6 financial innovations.
At present, under the guidance of the relevant departments of the state, more than 30 innovative systems that have matured are being summarized and evaluated. After the conditions are ripe, they will be replicated and distributed nationwide in batches according to certain procedures for approval. Earlier reports said that the financial support policies already implemented in the Shanghai Free Trade Zone will be tested and landed in Shenzhen Qianhai.
At the same time, the newly approved three-zone free trade zones - Guangdong, Tianjin and Fujian - are important fulcrums for the realization of the Maritime Silk Road, and all have important ports and are important bridgeheads connecting the Maritime Silk Road.
Experts in the industry pointed out that the port is the hub, open up to Northeast Asia, Southeast Asia, through the Indian Ocean, the South Pacific, and coherent to Eurasia. Therefore, accelerating the establishment of the free trade zones in Guangdong, Tianjin and Fujian is a major measure to accelerate the realization of the “One Belt, One Road†strategy.
At the eighth meeting of the Central Financial and Economic Leading Group held recently, Chinese President and Leader of the Central Financial and Economic Leading Group Xi Jinping made it clear that the establishment and cooperation with some countries to establish an Asian infrastructure investment bank is to be a “Belt and Road†related country along the route. The infrastructure construction provides financial support to promote economic cooperation; the establishment of the Silk Road Fund is to use China's financial strength to directly support the “Belt and Road†construction.
At the just-concluded APEC meeting in Beijing, promoting regional economic integration is also one of the main themes, which will be more conducive to the establishment of a free trade zone in the coastal areas. The free trade zone will become an important fulcrum on the “Belt and Road†and provide “supply†for its rapid development.
It is widely believed that Chinese officials have recently highlighted the construction of the “Belt and Roadâ€, and the “Belt and Road†involving the economy and the members of the Asia-Pacific Free Trade Area in the conception are more coincident and will play a “significant benefit†for China’s foreign economic and trade cooperation.
Xi Jinping once emphasized that the Silk Road Economic Belt and the 21st Century Maritime Silk Road Initiative have responded to the requirements of the times and the desire of countries to accelerate development, providing an inclusive development platform with profound historical and humanistic foundations that can develop rapidly. The Chinese economy is combined with the interests of countries along the route.
Some insiders pointed out that the relationship between the construction of the “Belt and Road†and the establishment of the Asia-Pacific Free Trade Area is summarized as “the interconnection of hardware and softwareâ€. The former focuses on infrastructure to promote the interconnection of economies along the line, while the latter aims to lower the trade threshold. Improve the level of trade facilitation and accelerate the integration of the economy within the region.
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