Achievements have been made in areas such as remanufacturing, and the Shanghai Free Trade Zone has launched reform pilot projects in line with the "Several Measures" issued by the State Council
Recently, the State Council issued the "Several Measures for Pilot Connection with International High Standards and Promoting Institutional Opening up in Conditional Free Trade Pilot Zones and Free Trade Ports", which is deployed in Shanghai Pilot Free Trade Zone and other export-oriented economic development areas with high levels of development, rich application scenarios, and strong regulatory capabilities, as well as Hainan Free Trade Port taking the lead in pilot connection with relevant international high standard economic and trade rules, steadily expanding institutional opening up.
According to the relevant work arrangements of the country and Shanghai, the Shanghai Pilot Free Trade Zone has planned and implemented the pilot tasks of Several Measures in advance, and has made positive progress, initially forming a batch of institutional innovation achievements. Among them, the pilot program for importing remanufactured products, encouraging overseas professionals to provide professional services in China, and piloting new environmental protection rules have shown significant results.
Volvo's first imported remanufactured engine
Remanufacturing refers to using old machinery and equipment as raw materials, adopting specialized processes and technologies, and carrying out a new manufacturing process on the existing foundation. After the implementation of the "Several Measures", it is explicitly supported to pilot the import of remanufactured products in key industries in pilot areas, while also strictly preventing the import of foreign waste and old products under the name of remanufactured products.
Volvo, headquartered in Shanghai in the Asia Pacific region, had been relying on Chinese factories for over a decade to carry out remanufacturing before this pilot project. However, due to policy barriers, domestic factories are limited to remanufacturing small non road equipment components, and large components such as engines cannot enter the country after remanufacturing.
As one of the first pilot enterprises, Volvo successfully imported the first batch of remanufactured products from its Swiss factory in July this year. This is a remanufactured engine for articulated trucks. Compared to producing a new product of the same type, it only requires 50% of the manufacturing cost and 60% of the energy consumption. 70% of the materials can be recycled and reused, and the entire process can reduce pollution by 80%, commonly known as "5678". "However, the quality of remanufactured products is not lower or even higher than that of similar new products. This demonstrates the economic benefits that remanufacturing brings to consumers and the environmental benefits it brings to society," Chen Chaoping, Vice President of Service and Spare Parts at Volvo Construction Equipment Investment Co., Ltd., told reporters.
"At present, the potential market demand for large-scale remanufactured products, including engines, in China is about 1000 units per year. With this policy pilot, enterprises are equivalent to opening up the import and sales channels for remanufacturing, which is beneficial for us to further increase investment and expand business in Shanghai." Chen Chaoping said.
The reporter learned that the first imported order for remanufactured products purchased by Volvo from overseas is expected to arrive in Shanghai in September and be delivered to domestic customers immediately.
Two batches of overseas vocational qualification certificate recognition lists and shortage lists have been released
According to the task requirements of "establishing an international vocational qualification certificate recognition list system" in the Central Leading Zone Opinion, as well as the relevant work of professional services for overseas vocational qualification certificate holders mentioned in the "Several Measures", Pudong has successively released two batches of overseas vocational qualification certificate recognition lists and a shortage list of 149 items, completing a total of 184 certificate recognition, and effectively providing convenient services such as work permits and household registration for certified talents.
Xu Jinhong, Director of the Business Department of the Pudong New Area Human Resources and Social Security Bureau, introduced that licensed personnel involved in projects on the list can currently enjoy 5 services, mainly including talent introduction and settlement for green channels, work permits to China, and bonus points for overseas talent residence permits; Qualified personnel in the scarce list can also apply for four additional services, including applying for Class A work permits for foreign high-end talents and applying for permanent residency in China.
"In addition, we also encourage employers to provide services and support for talent innovation and entrepreneurship, establish positions such as Chief Scientist and Chief Technology Officer, and promote the cultivation of professional talents who are good at solving complex problems and possess technological innovation capabilities." Xu Jinhong said.
It is reported that the first batch of lists focuses on four fields: finance, big data and artificial intelligence, manufacturing, and professional services. The 2.0 version of the approval list and shortage list, which was adjusted and released in April this year, focuses on the biological industry, information technology industry, manufacturing industry, professional services, etc., further expanding industrial coverage and improving the quality of certificate projects.
Launch three special service plans for green finance
The CSI Pudong New Area Green 50ESG Index and CSI Pudong New Area Green Theme Credit Bond Index have further strengthened their functions around the 27 measures mentioned in Article 27, which support enterprises in pilot areas to voluntarily follow the principles of corporate social responsibility in the environmental field.
The reporter learned that both indices were announced on May 8th this year, aiming to effectively play the role of green finance in the implementation of dual carbon and improve the green fund product system.
As of the end of July this year, the Pudong Green 50ESG Index covers a sample of 50 listed companies registered in Pudong, with a total market value of 2.3 trillion yuan; The Pudong Green Theme Credit Bond Index covers 169 green bonds with a total market value of 630 billion yuan, which is conducive to guiding asset management institutions to issue fund products that conform to green investment concepts.
Wu Jinxue, Deputy Director of the Financial Bureau Office of Pudong New Area, introduced that Pudong has launched three special service plans for green finance, namely the Green Credit Plan, Green Securities Plan, and Green Leasing Plan. We will focus on the needs of green transformation and development in key industries in Pudong, and promote effective integration of bank credit resources with Pudong's green industry projects; Building a central hub for innovation, certification and evaluation, promotion and issuance, and configuration management of green securities products nationwide; Efforts should be made from both the demand and supply sides of funds to support leasing companies in expanding their funding sources through various means such as credit and bond issuance, and to reduce the cost of green leasing business for physical enterprises.