Creating a vivid model of opening up and promoting reform, actively carrying out high-level exploration of opening up to the outside world

Release time:Apr 16, 2024 21:05 PM

In March of this year, Yuanjian Youke's Shanghai production and research and development base opened in the Waigaoqiao Free Trade Zone of Shanghai Free Trade Zone. This is the first CGT project opened in the Waigaoqiao Bonded Zone since it was designated as a "cross-border R&D and production pilot zone for cell and gene therapy industries" by Shanghai. It will provide solutions for domestic CGT enterprises to go abroad.

More projects are also gathering at Waigaoqiao. Many leading enterprises and investment institutions have expressed that Waigaoqiao can allow entrepreneurs to fully utilize both domestic and international markets and resources, and better gather global factors. This reflects the multiple institutional innovations and resource coordination advantages brought about by the Shanghai Free Trade Zone's active exploration of high-level opening up to the outside world. Over the past 10 years, the Shanghai Free Trade Zone has adhered to the combination of expanding opening up and reforming the system, creating a vivid model of promoting reform through opening up and development through reform.

Open strategy stimulates market vitality

Since 1990, Waigaoqiao has developed with the advantage of "domestic and international" bonded trade, and is known as the closest place in China to the world. In September 2013, the Shanghai Free Trade Zone was established in the Waigaoqiao Bonded Zone; After the expansion in 2015, the bonded area became the first and core area of the Shanghai Pilot Free Trade Zone.

In March 2017, the pilot reform of "changing approval to filing" for the import of non special purpose cosmetics was implemented, and the first filing certificate in the country was obtained by enterprises within the bonded area. In the past, for every new type of cosmetics imported by enterprises, they had to submit materials and undergo expert evaluation in Beijing. "In the past, in order to import a lipstick, we often had to bring a box of product information, company information, and samples to Beijing." Mr. Chen, who has been working as an import cosmetics agent for many years, said that his suitcase always followed him back and forth between Beijing and Shanghai.

After the reform pilot, the import of "non specialty" cosmetics has been shortened from 5 months to 5 days, and the Waigaoqiao Bonded Zone has become one of the main import distribution centers for cosmetics in China. In 2022, the import volume reached 26.1 billion yuan, an increase of 20.5% compared to 2021, accounting for 17.5% of the import volume of similar goods in China.

Waigaoqiao has also taken the lead in implementing pilot projects for customs tax guarantee insurance, origin credit visa system, and paperless customs clearance reform. The paperless customs clearance rate at ports has reached 98%, and the overall import clearance time has been compressed by more than 50%. Pilot projects such as the entry of special biopharmaceutical items and the "white list" of imported research and development items have been launched. Last year, the revenue from biopharmaceutical research and development increased by 12% compared to 2021. Taking the lead in achieving full circulation of international, domestic, and futures spot markets within the Waigaoqiao Port Comprehensive Bonded Zone, becoming the main delivery location for international copper futures varieties, accounting for 51% of market delivery volume after listing; The national bulk commodity manifest registration center has settled in the bonded area.

Under the guidance of the open development strategy of the free trade zone, the Waigaoqiao Bonded Zone has effectively stimulated market vitality, promoted structural optimization, industrial upgrading, kinetic energy conversion, and quality and efficiency improvement of the regional economy. In the past 10 years, the total import and export volume of bonded areas has increased by 5.5% annually, with a total completion of 8646.43 billion yuan in the past decade, which is 2.1 times the cumulative completion in the 22 years before listing; The average annual growth rate of actual foreign investment is 17.3%, with a total completion of 18.32 billion US dollars in ten years, which is 2.5 times the cumulative completion amount in the 22 years before listing. It has always maintained its leading position in the national customs special supervision areas.

Connecting with international trade and economic rules

In July last year, the "Expo Area International Commodity Trade Ecological Integration Zone" was officially unveiled, taking a solid step towards enhancing China's international pricing power for commodities and gradually forming the "Shanghai price" for multi category commodities in the international market.

According to the development vision of the ecological integration zone, by 2025, it is planned to preliminarily build a commodity international trade ecological integration zone with regional influence, with a trade scale exceeding 1 billion yuan and an economic contribution exceeding 2 billion yuan. By 2030, we will establish a globally influential commodity international trade ecosystem integration zone, as well as a RMB cross-border settlement and pricing center for non-ferrous metal international trade, with a trade scale exceeding 200 billion yuan. At present, there are 2 billion level enterprises and 9 billion level enterprises in the international trade ecological integration zone, with annual sales revenue exceeding 600 billion yuan.

The major commercial and trade categories in the World Expo area are complete, including industrial products such as non-ferrous metals, chemicals, and steel, as well as basic commodities such as metal minerals, energy, and grain; The integration and development of international trade, including trade flow, logistics, capital flow, and technology flow, are also achieved here.

Since the 14th Five Year Plan period, the World Expo area has played the role of the first central and local integrated development platform for free trade zones in China, forming a cross city, cross department, cross regional, and cross authority problem-solving mechanism, promoting financial innovation and trade facilitation such as cross-border RMB settlement and origin credit visa system, and providing financial support for enterprises to layout factories and production lines overseas.

In the World Expo area, Baowu Cross border Financial Platform has achieved full process electronic letter of credit cross-border settlement for the first time; Rio Tinto Mining has taken the path of "USD signing and RMB settlement", becoming the first example in the Shanghai Free Trade Zone; Louis Dreyfus successfully launched a soybean futures trading hedging pilot on the Chicago Board of Trade, with financial services provided by the head office of Industrial and Commercial Bank of China, becoming the first order in the country.

Adapt to an open economic system

The Shanghai Free Trade Zone has also taken the lead in piloting the "pre admission national treatment plus negative list management system" for foreign investment, which has been included in the Foreign Investment Law; The Shanghai International Trade "Single Window" has launched the RCEP Optimal Tariff Query System, with 100% of port cargo declaration and vessel declaration processed through the "Single Window", serving over 600000 enterprises

The Shanghai Free Trade Zone has implemented a number of national pioneering projects in 60 open fields, including foreign-funded public funds, foreign-funded reinsurance legal entities, and foreign-controlled securities companies; The function of the free trade account for integrated operation of domestic and foreign currencies has been further expanded, with 63 institutions directly connected to the sub account accounting system, achieving coverage of banking, securities, and security. A total of 144000 free trade accounts have been opened, and the total amount of domestic and foreign currency financing has exceeded 2.8 trillion yuan. The FT account system has been replicated and promoted in pilot free trade zones such as Hainan, Guangdong, and Tianjin; Shanghai Gold's international pricing power continues to strengthen, and the daily trading scale of crude oil futures has jumped to the third place in the world; Build a pilot demonstration zone for offshore resale trading, and launch the first auxiliary information platform in China that directly integrates overseas data to support trade authenticity verification - the "Offshore Pass" platform. The revenue and expenditure of offshore resale trading accounts for more than 90% of the city's total, and it has basically achieved large-scale and normalized operation.

The window effect of expanding opening up continues to emerge, financial openness and innovation continue to deepen, a number of international financial trading platforms operate smoothly, and global resource allocation capabilities further improve. The Shanghai Free Trade Zone aims to implement comprehensive opening up on a larger scale, in a wider field, and at a deeper level, promoting new achievements in the opening up of modern service and advanced manufacturing industries to the outside world, and forming a systematic pilot experience that adapts to the requirements of more economic openness.

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

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"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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