Improved the efficiency of free trade dividends, Ministry of Commerce: coordinated development of 21 free trade zones nationwide and Hainan Free Trade Port

Release time:Apr 16, 2024 21:52 PM

At the sub forum of the 10th anniversary theme forum of the construction of China Free Trade Pilot Zones held on September 20th, Yang Zhengwei, Director of the Coordination Department of Free Trade Zone Port Construction of the Ministry of Commerce, stated that since the 18th National Congress of the Communist Party of China, 21 free trade pilot zones and Hainan Free Trade Port have been established, forming a reform and opening up innovation pattern that covers the east, west, south, north, and central regions, and coordinates coastal, border, and inland areas. The coordinated development of free trade pilot zones is of great significance for improving reform and innovation efficiency, and serving the construction of a new development pattern. Currently, the respective trade pilot zones have actively explored coordinated development and achieved good results.

The Yangtze River Delta Pilot Free Trade Zone Alliance shares the advantages and resources of their respective pilot trade zones, jointly plans and leads the focus of regional coordinated development, and achieves innovative results in jointly building a single window for international trade in the Yangtze River Delta. The Yellow River Basin Pilot Free Trade Zone Alliance has established a cooperation mechanism in social credit system, administrative approval services, and other aspects, playing an important role in strengthening innovation linkage in the Yellow River Basin. The Beijing Tianjin Hebei Pilot Free Trade Zone has established a joint conference system to serve the coordinated development of the Beijing Tianjin Hebei region. The Guangxi Pilot Free Trade Zone actively builds the most convenient sea outlet in the western region, effectively strengthens the connection of the backbone channels in the southwest, northwest, and central southern regions, and serves the development of the western region.

Not long ago, the 2023 Border Free Trade Zone Collaborative Development Conference, jointly hosted by the Commerce Departments of Guangxi, Heilongjiang, and Yunnan, was recently held in Nanning. The conference, with the theme of "Collaborative Innovation and Cooperation for New Development of Free Trade along the Border", aims to fully leverage the advantages of Guangxi, Heilongjiang, and Yunnan provinces along the border, and to "boldly experiment, boldly explore, and independently improve" in benchmarking rules, park construction, industrial development, and trade upgrading. It aims to strengthen the collaborative innovation and development of the three provinces and regions in the pilot free trade zones, and jointly promote high-level opening up and high-quality development of the border areas.

Yang Zhengwei stated that the coordinated development of these pilot free trade zones has expanded the breadth and depth of institutional innovation, enriched the scenarios for the application of free trade policies, and improved the efficiency of free trade dividends.

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