Building an open and stable system, directly targeting leading areas | Lingang New Area establishes a digital trade industry alliance
Recently, the Lingang New Area of Shanghai Free Trade Zone held a series of new international trade "100 trillion yuan" activities and a digital trade special session. The Lingang New Area Digital Trade Industry Alliance has been established, committed to promoting the integration and sharing of resources within and across industries in the digital trade industry, leveraging the unique advantages of digital trade international hub ports in openness and connectivity, relying on the construction of "information flying fish" and cloud data center infrastructure that meet international standards, to create an open and stable digital trade rule system.
It is reported that the alliance is jointly initiated by 23 units, including Lingang New Area Economic Company, East China University of Technology, Shanghai Data Exchange, Shanghai Digital Commerce Association, and Shanghai Technology Exchange International Trading Center, as the first batch of member units. It will actively explore "new area solutions" for digital trade, optimize the digital trade support environment, gather digital trade industries with Lingang characteristics, and create an "international digital capital with international influence".
Since the unveiling of the Lingang New Area, the new international trade business has flourished and the trend of industrial scale has become increasingly evident. Last year, the Shanghai Digital Trade International Hub Port Lingang Demonstration Zone was fully launched, relying on the pilot of the "International Data Port". The new area unveiled 10 joint laboratories, including cross-border digital trust, data circulation security and compliance governance, international data and computing services, international financial data services, and international digital trade services; In the field of digital trade, the first free information technology, Rainbow Fish Marine Technology, Industrial Internet Innovation Center and other digital trade representative enterprises were successfully introduced in key fields such as digital services, digital content services, cloud services and cross-border e-commerce.
At the meeting, the Shanghai Digital Commerce Association Lingang New Area Innovation Studio was also established, and a number of key digital trade projects in Lingang New Area, such as Zongshen Group, Feixi Robotics, Yuetui Culture, and Shuimu Animation, were signed and landed.
Lingang New Area Economic Company and Shanghai Bank Free Trade Zone Branch have signed the Lingang New Area Digital Trade Cross border Innovation Cooperation Agreement. According to the agreement, both parties will leverage their complementary advantages in resources and use the Dishui Lake Financial Bay as a functional carrier to carry out comprehensive cooperation in digital trade cross-border innovation, Yangtze River Delta linkage, and other aspects. They will leverage the advantages of financial openness and innovation in the Lingang New Area to benefit high-quality enterprises worldwide.
Weng Kaining, the relevant person in charge of Lingang Group, stated that in the next step, Lingang Group will actively connect with high standard international economic and trade rules such as CPTPP, DEPA, RCEP, and carry out standardized pilot projects including data flow transactions, data cross-border, and data assetization. This will further accelerate risk pressure testing in the fields of large cutting-edge industries, cross-border finance, offshore trade, and high-end shipping, and help Lingang New Area always stay at the forefront of institutional openness in rules, regulations, management, and standards.