How is the progress? The Municipal Development and Reform Commission reports to the National People's Congress that Shanghai is building a bridgehead for integrating into the global industrial chain

Release time:Apr 13, 2024 22:15 PM

The 14th Five Year Plan of Shanghai clearly proposes to accelerate the formation of a central node for domestic circulation and a strategic link for domestic and international dual circulation. At present, what is the progress of Shanghai in building a domestic and international dual circulation strategic link, and how will it gather strength in the next step? The third meeting of the 16th Standing Committee of the Municipal People's Congress held this morning listened to and discussed the report on the promotion of Shanghai's domestic and international dual circulation strategic link.

Make sufficient articles on "strategic links"

Since the 14th Five Year Plan, the city has accelerated the layout of a number of major open platforms, key open areas, and important open carriers, striving to build a strategic link between domestic and international dual circulation. Among them, "strategic linkage" means to make full use of domestic and international dual circulation energy exchange articles, build factor links, production capacity links, market links, and rule links, form unique strategic channels, and help China's economy fully integrate into the world economic system.

"Shanghai is focusing on strengthening factor links and accelerating the creation of a gravitational field that adsorbs global factors." Gu Jun, Director of the Municipal Development and Reform Commission, said that not only has new progress been made in the construction of innovative carriers, but the global innovation network is also building new links. For example, Shanghai has built and is currently constructing 14 national major scientific and technological infrastructure projects. The opening and operation of the International Human Phenotype Group Standardization Innovation Center. In addition, a multi-level financial factor market system has been basically formed, and the internationalization of financial factor resources is steadily improving. Data factor resources are also accelerating their convergence, and the digital commerce ecosystem is continuously improving. Accelerate the construction of talent gathering highlands. Innovative leading talents gather, and the attractiveness of overseas talents remains leading. Shanghai ranks first in both quantity and quality in attracting foreign talents in the country. In the past five years, the average annual growth rate of overseas returnees has been 30%, reaching a total of 114000 people.

In terms of strengthening production capacity links, Shanghai is accelerating the construction of a bridgehead integrating into the global industrial chain. Gu Jun stated that with the focus on strengthening and extending the supply chain, the international competitiveness of Shanghai's industrial chain has significantly increased. One is to target weak links and "supplement the chain", implement key core technology research and development mechanisms such as "unveiling and leading" and "horse racing", accelerate 225 "bottleneck" technology research and development, and lay out 523 research and development projects. The second is to leverage comparative advantages to strengthen the chain. In 2022, the proportion of the output value of strategic emerging industries in Shanghai's industrial sector to the total output value of industries above designated size will increase to 43%, and the scale of the three leading industries will reach 1.5 trillion yuan. The third is to extend the chain around two-way opening. The economic and trade investment network covers 189 countries and regions around the world, and has entered the "first square" of international cities in the GaWC World City Ranking with high-end productive service industry as the core indicator. In addition, with the "the Belt and Road" as the key direction, Shanghai's overseas investment layout has been continuously optimized. In 2022, Chinese foreign direct investment by Shanghai enterprises in countries along the "the Belt and Road" will reach 15.3 billion US dollars, accounting for 17.4% of the city's foreign direct investment.

In terms of strengthening market links, Shanghai is accelerating the construction of a large platform that serves both internal and external sectors. The port distribution function serving domestic and international dual circulation continues to enhance. The portal function of the International Trade Center continues to improve, and its position as a world-class shipping hub is becoming more stable. The container throughput of Shanghai Port has been ranked first in the world for 13 consecutive years. The construction of a unified market system in the Yangtze River Delta region, which facilitates regional circulation, has been deeply promoted. The spillover effect of the import expo, which links two markets and two resources, continues to amplify.

In terms of strengthening rule links, Shanghai is accelerating the construction of experimental fields for participating in global economic governance. Gu Jun stated that the high-level institutional opening-up in Pudong's leading area has been deeply promoted. 82% of the 280 specific measures identified in the Leading Zone Action Plan have achieved results. The rule of law is becoming more perfect. Up to now, in cooperation with the Municipal People's Congress, a total of 15 regulations and 13 management measures have been issued in Pudong New Area. The reform of market rule facilitation continues to deepen. The pilot program of "one industry, one certificate" has expanded to cover 31 industries, and a total of over 3200 comprehensive industry licenses have been issued. At the same time, the role of institutional innovation pilot fields in the Lingang New Area of the Pilot Free Trade Zone is increasingly evident. The institutional open system framework with "five freedoms and one convenience" as its core has been basically formed. The overall plan for the construction of Hongqiao International Open Hub specifies that 100 of the 104 key tasks have been completed, with a completion rate of over 95%.

Launch more innovative and leading reform measures

"Overall, Shanghai has achieved positive results in building a domestic and international dual circulation strategic link, but there are still some gaps and shortcomings in benchmarking against the highest international standards and best levels," Gu Jun said. The main manifestation is that the coverage range of links needs to be further expanded. If the proportion of international investors in the financial market is relatively low, the level of shipping services needs to be improved, and the radiation radius of the professional service industry still needs to be expanded. The energy level of the link needs to be further improved. Further opening up is needed to benchmark international high standard economic and trade rules, and the construction of a unified large market in the Yangtze River Delta needs to be deepened. The node status of the link needs to be further improved. The ability to integrate international and domestic industrial and supply chains is still insufficient, and the international influence of "Shanghai rules" and "Shanghai prices" is not strong enough.

How to focus on building a domestic and international dual circulation strategic link in the next step? Gu Jun stated that he will make every effort to build a leading area for socialist modernization construction in Pudong. Taking the construction of the leading zone as the overall driving force, we will accelerate the comprehensive implementation of the "Opinions on the Leading Zone" and "Action Plan" tasks. Strengthen coordination and promotion of matters that have not yet been implemented, and actively cooperate with national departments to study and form operational plans as soon as possible. At the same time, taking the pilot of comprehensive reform in Pudong as a new driving force, we will make good use of various authorized matters granted by the state. Deepen the integration of reform systems in key areas such as offshore finance, technological innovation, and talent system, and roll out more innovative, leading, and integrated reform measures.

"We must make full use of legislative authorization as a guarantee and introduce a new batch of regulations and management measures for Pudong New Area." Gu Jun said that he will fully cooperate with the Municipal People's Congress to formulate a new batch of regulations and management measures for Pudong New Area. We will conduct higher-level open pressure tests with the Pudong Leading Area and Lingang New Area as the main positions. Benchmark high standard economic and trade rules such as CPTPP and DEPA, and plan to promote high-level and all-round institutional opening-up measures.

He also mentioned that efforts will be made to promote the upgrading of the functions of the "Five Centers", actively participate in and initiate international big science programs and projects, and explore the establishment of international science and technology innovation cooperation bases. Strengthen the position of the gateway hub of the international shipping center, accelerate the development of major projects such as the northern side of Xiaoyangshan and the fourth phase of Pudong International Airport, and initiate the construction of the Oriental hub.

"We will focus on enhancing the strength of the two-way links of the Hongqiao International Open Hub," Gu Jun said. Shanghai will work together to promote the construction of a regional science and technology innovation community, collaborate to do a good job in supplementing, extending, upgrading, and building chains, and improve the regional industrial ecology. In promoting the construction of the Yangtze River Delta Ecological Green Integration Development Demonstration Zone, Shanghai will continue to enhance the value of institutional innovation, and launch a batch of institutional innovation achievements in ecological governance, innovation collaboration, data sharing, and cross regional legislation.

In addition, Shanghai will explore the construction of a number of new platforms for foreign cooperation. Create a pilot zone for cooperation in "Silk Road e-commerce". Cultivate and strengthen the main body of "Silk Road e-commerce", improve the infrastructure of "Silk Road e-commerce", create a new engine of international economic and trade cooperation, and continue to promote the import expo to be better and better. Carefully organize the 6th Import Expo to continuously amplify the spillover effect.

The full text is here. The "Several Provisions of Shanghai on Promoting the Development of Financial Leasing in Pudong New Area" will be implemented from October. | Medical Devices | Shanghai Municipality
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The Provisions of Shanghai Municipality on Promoting the Development of Financial Leasing in Pudong New Area, which were adopted at the 4th Session of the Standing Committee of the 16th Shanghai Municipal People's Congress on July 25, 2023, are hereby promulgated and shall come into force on October 1, 2023. Provisions of Shanghai Municipality on Promoting the Development of Financial Leasing in Pudong New Area Article 1 In order to promote the high-quality development of financial leasing in Pudong New Area, give full play to the function of financial services for the real economy, and promote the construction of the core area of an international financial center, these Provisions are formulated in accordance with the basic principles of relevant laws and administrative regulations and in the light of the actual conditions of Pudong New Area. Article 2 These Provisions shall apply to the promotion of development, management services and other activities of financial leasing companies whose domicile is in Pudong New Area. Article 3 The People's Government of Pudong New Area shall establish a financial leasing industry to promote development and coordinate supervision and management.

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