New Free Trade Zone to Benefit China.docVIP

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  • 2016-09-26 发布于北京
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New Free Trade Zone to Benefit China.doc

New Free Trade Zone to Benefit China   One day earlier, the State Council released overall plans for Guangdong, Tianjin and Fujian free trade pilot zones, a plan for further developing Shanghai free trade zone, a negative list of free trade zone, and a trail method for a safety review on foreign investment country. On the same day, the Information Office of the State Council held a press conference, related officials from Commerce Ministry, Shanghai, Fujian, Tianjin and Guangdong all attended and discussed overall plans for free trade zones.    More Innovation   According to preliminary statistics, plans for four free trade pilot zones listed 71 innovation tasks, among them, Shanghai has 25, Tianjin and Fujian each has 16, and Guangdong has 14. And based on this, more tasks were subdivided.   Compared with Shanghai free trade zone, overall plans for the four free trade zones include a number of institution and mechanism innovation measures. Assistant commerce minister Wang Shouwen said, “The new trade zones copied successful experiences that Shanghai trade zone has gained, made innovations in four fields such as investment administration system, trade regulations, financial system and during/after regulations,and further put forwarded new measures such as administrative consulting system, separation of approval and management, and centralized approval.   For example, the overall plan for Tianjin free trade zone described “Tianjin leads the innovation of leasing industry policy, forms a developing environment of leasing industry with international standards, and speeds up the establishment of a demonstration area for leasing innovation in China.”   Shanghai free trade zone also added new contents this time. “On the basis of last one and a half years, we added new pilot contents; for example, foresee crisis, rights protection, information disclosure, technical innovation and talent service system.” director of the administrative committee of Shanghai free tr

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