About 30% of Shanghai's total investment during the same period, with a cumulative foreign investment of 58.6 billion US dollars. The Shanghai Pilot Free Trade Zone has been under construction for nearly 10 years

Release time:Apr 16, 2024 21:17 PM

On September 29th this year, the Shanghai Pilot Free Trade Zone will celebrate its 10th anniversary of operation. Over the past 10 years, a series of groundbreaking policies have been successively launched, a series of breakthrough practices have been deeply carried out, and a large number of iconic achievements have continued to emerge. On the morning of September 15th, at a press conference held by the Municipal Government Information Office, Zhu Zhisong, member of the Standing Committee of the Municipal Party Committee, Secretary of the Pudong New Area Committee, Deputy Leader of the Leading Group for the Promotion of the China Pilot Free Trade Zone, and Director of the China Pilot Free Trade Zone Management Committee, introduced the relevant situation of the 10th anniversary construction of the Shanghai Pilot Free Trade Zone.

He introduced that the institutional innovation achievements of Shanghai Pilot Free Trade Zone and Lingang New Area are mainly reflected in four aspects:

One is to benchmark against international high standard economic and trade rules, and promote high-level institutional openness. This includes promoting the construction of a national treatment plus negative list management system for foreign investment access, releasing China's first negative list for foreign investment access, implementing foreign investment filing management, and landing a batch of national pioneering foreign investment projects in dozens of open fields such as manufacturing and finance. Deepen the innovation of customs supervision system, take the lead in introducing measures such as first line "advanced zone, later customs declaration", interval "self transportation", second line "batch entry and exit, centralized declaration", and classified supervision of goods status. Build and operate a "single window" for international trade in Shanghai, serving over 600000 enterprises and supporting data processing for over 1/4 of the country's goods trade volume. In addition, achievements have been made in expanding the functions of Yangshan Port as a global hub port and creating a rule of law environment that is in line with international standards.

The second is to adhere to the direction of market-oriented reform of factors, which has enhanced the global ability to allocate resources and factors. This includes establishing a free trade account system that integrates domestic and foreign currency operations, taking the lead in pilot projects such as high-level opening up of cross-border trade and investment, opening a total of 140000 free trade accounts, and generating a total of RMB 142 trillion in cross-border income and expenditure of domestic and foreign currencies. Establishing global platforms such as the Shanghai Gold Exchange International Board and the Shanghai International Energy Trading Center, launching a batch of innovative products such as crude oil futures and No. 20 rubber, listing more than half of the international futures and options varieties in the country, and the first cross-border RMB settlement transaction of liquefied natural gas in China was completed in March this year. Promote the circulation of data elements, establish the Shanghai Data Exchange, take the lead in exploring on exchange trading of data elements, and have listed nearly 1500 data products. Implement more open and convenient talent policies, establish a "direct train" system for recommending foreign high-level talents for permanent residency, open a "single window" for foreign work and residence approval, and publish a list of recognized and scarce foreign vocational qualification certificates.

The third is to strengthen the government's own reform and improve the modernization level of governance. Deepening the reform of the commercial system around the entire life cycle of enterprises, innovating pilot projects such as "separation of certificates and licenses", "reduction of certificates after obtaining licenses", and "one industry, one certificate" have been carried out. More than 5000 comprehensive industry licenses have been issued in 31 industries, with an average approval time limit reduced by nearly 90%, application materials reduced by nearly 70%, and filling out elements reduced by over 60%. We will take the lead in implementing the registered capital subscription system, the business entity registration confirmation system, the market admission commitment system, and innovate simple deregistration and other business entity exit mechanisms to continuously reduce institutional transaction costs. In addition, it has also built a supervision system during and after the event, and created a government service system focusing on "Internet plus". More than 300 enterprise related approval items have been 100% handled online, and the actual handling time has been reduced by nearly 90% compared with the legal time limit.

The fourth is to focus on the innovative institutional supply required for industrial development, take the lead in carrying out integrated circuit regulatory innovation pilot projects, and launch high-tech goods control and inspection models such as vacuum packaging. The storage time of goods has been shortened by two working days compared to the past. Implement a system of medical device registrants and drug marketing license holders, and launch 21 new drugs of Class I. Launch a pilot program to facilitate the entry of biopharmaceutical special items and research and development items, achieving efficient and convenient customs clearance of specific research and development items without the need to apply for an Import Drug Clearance Form. Deepening the demonstration application of intelligent connected vehicles, the open testing road for autonomous driving in the area has exceeded 500 kilometers. China's independently developed Donghai Bridge intelligent heavy-duty truck project has launched "true unmanned" testing, becoming the world's longest commercial operation scenario for autonomous driving.

Overall, the construction of the Shanghai Pilot Free Trade Zone has effectively stimulated market vitality, continuously highlighted its demonstrative and leading role, comprehensively elevated regional development levels, and significantly enhanced its ability to serve national strategic needs. As of the end of 2022, the Shanghai Pilot Free Trade Zone has accumulated a total of 58.6 billion US dollars in foreign investment, accounting for approximately 30% of the same period in Shanghai. In 2022, the total import and export volume of the region accounted for approximately 30% of the total number of 21 pilot free trade zones in China. Driven by the Shanghai Pilot Free Trade Zone, Pudong New Area achieved a regional GDP of 1601.34 billion yuan and a total industrial output value of 1339.02 billion yuan above designated size in 2022, which are 2.5 times and 1.5 times higher than in 2013, respectively; A total of 432 regional headquarters of multinational corporations and over 250 foreign-funded research and development centers have been recognized, accounting for nearly half of the city's total. Since its establishment in 2019, the Lingang New Area has signed contracts for cutting-edge technology industry projects with an investment amount of over 560 billion yuan; The main economic indicators maintained rapid growth, with the average annual growth rate of regional GDP, gross industrial output above designated size, and fixed assets investment of the whole society reaching 21.2%, 37.8%, and 39.9% respectively, becoming a new growth pole for the city's economic development.

To drive the upgrading of China's rare and precious metal industry, the Platinum Group Precious Metals Application Technology Research Institute has established a Platinum Group | Precious Metals | Research Institute in Lingang, Shanghai

On June 28th, the third "Shanghai Platinum Week" was held in the Lingang New Area. The annual grand event of the platinum group precious metals industry - PPMC Summit Forum - opened at the Yangshan International Trade Center in the Yangshan Special Bonded Zone, attracting more than 30 representative enterprises, universities, associations, and experts from the precious metals industry, including British and American Resources, World Platinum Investment Association, British Metal Focusing Company, and Guangdong Southern Gold Research Institute. Shanghai Lingang Platinum Group Precious Metals Application Technology Research Institute was simultaneously unveiled and established. In the future, the research institute will explore building an international science and technology innovation platform that covers the entire industry chain of platinum group precious metals, further gathering the strength of domestic and foreign scientific research institutions, building an internationally first-class scientific research team, and gathering top-level scientific research leading talents, providing a high-level technology and information exchange platform for industry enterprises, and becoming a new port area

Has the newly relocated company been unable to pay social security for its employees? Jinshan Building a "Bottom Line" Window for Enterprises and the Masses | Reflection | Enterprise

"Thank you so much! I was really anxious and came to give it a try. Unexpectedly, you really helped me handle it!" The person who said this was Ms. He, a citizen who went to the reporting window of the Jinshan District Medical Insurance Center to seek help. It is understood that in May this year, Ms. He was eager to transfer her personal medical insurance to other provinces and cities. Because according to the transfer and continuation procedures in Shanghai, medical insurance can only be transferred the following month after the transfer of pension insurance to another province or city. But at that time, Ms. He's original employer had just transferred her pension insurance, and if Ms. He wanted to continue paying in other provinces and cities, she had to complete the medical insurance transfer procedures in May, otherwise it would affect her subsequent normal use of medical insurance and social security. After verifying the situation, the staff at the reporting window of Jinshan District Medical Insurance Center reported that they were unable to complete the task and immediately contacted Jinshan District Social Security Center

A transformation has improved the operational performance of enterprises by 20%... Shanyang Town in the suburbs of Shanghai is accelerating the digital transformation cooperation project for traditional enterprises. This | enterprise

Recently, in Shanyang Town, Jinshan District, Shengdongni Knitting Machinery Co., Ltd. signed a cooperation agreement with Qingzhi Tonglian Technology Co., Ltd. According to the agreement, Qingzhi Tonglian will implement intelligent factory transformation for the traditional knitting machine manufacturing enterprise, Saint Tony. This collaborative project will also set a benchmark for the digital transformation of local enterprises. It is understood that Saint Tony's company, established in 2005, mainly engages in the design, development, production, and assembly of new textile machinery sets and related components, and is a typical traditional textile manufacturing enterprise. With the continuous development of business, the need for enterprises to embrace intelligence is becoming increasingly urgent. After learning about the demands of the enterprise, Shanyang Town took the initiative to bridge the gap and contacted Qingzhi Tonglian, located in the Shanghai Bay Area Science and Technology Innovation Center, to facilitate cooperation between the two parties. After the completion of the intelligent factory renovation, the enterprise will

Behind the scenes, there are also these details. Shanghai's community canteens are unforgettable? Good food and affordable is the king's way for residents | communities | canteens

Recently, the Gumeidonglan Community Elderly Canteen, located in Hongmei Street, Xuhui District, opened its trial operation. The Shanghai Green Restaurant at 3 yuan per bowl, the Benbang Duck Leg with thick oil and red sauce at 9 yuan per bowl, the quail egg Braised pork belly at 10 yuan per bowl... The affordable price and food volume made this community canteen, which can accommodate 64 people, quickly gain high popularity among residents. The payment method of combining manual charging and intelligent settlement also provides convenience for residents of different ages to buy food. In Xuhui District, there are currently 27 community elderly canteens like this, and there are 142 elderly meal assistance places in the entire district, with a total daily supply capacity of about 20000 customers. In recent years, Xuhui District has continuously improved its meal assistance service system. Through the construction of the "15 minute community life circle", the community cafeteria has been embedded in the "life box" at the doorstep of residents, forming a coverage of the entire district

Banks, securities firms, funds, insurance companies... Various financial resources are rapidly gathering in the "Big Zero Bay" industry | Haitong | Insurance companies

On June 12th, the first innovative branch established by Haitong Securities in the university community, the Shanghai Minhang District Humin Road Securities Business Department, officially opened, actively supporting the high-quality development of "Big Zero Bay" science and technology innovation finance. At the scene, the Shanghai Haitong Yitai Phase I Fund jointly initiated by Haitong Securities and Inner Mongolia Yitai Co., Ltd. was officially unveiled. At the opening ceremony, the Minhang District Government also signed a strategic cooperation agreement with Haitong Securities. Next, Haitong Securities will engage in closer, deeper, and more comprehensive exchanges and cooperation with Minhang District in areas such as industrial cooperation development, cultivation of listed enterprises, improvement of financial services, joint party building and talent exchange, organization of forum activities, and investment promotion cooperation, jointly promoting regional economic development. It is reported that in order to accelerate the cultivation of a science and technology innovation financial ecosystem, Minhang has held more than 40 events in "Big Zero Bay"

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