White Paper on the 10th Anniversary of the Construction of China (Shanghai) Pilot Free Trade Zone

Release time:Apr 16, 2024 21:52 PM

On September 20th, the theme forum for the 10th anniversary of the construction of the China Pilot Free Trade Zone, Zhangjiang Science Hall, was held.

As the first free trade zone in the country, the Shanghai Pilot Free Trade Zone has been established for ten years. It has focused on key areas and key links, boldly experimenting, daring to explore, and independently improving, without building "bonsai" or "nurseries", and has formed a large number of replicable and promotable experiences. Over the past decade, through institutional innovation, the operating entities of the Shanghai Free Trade Zone have been active, foreign investment has been continuously influx, and the economic scale and level have been continuously improved. As of the end of 2022, the Shanghai Free Trade Zone has established a total of 84000 new enterprises, which is 2.35 times higher than the 20 years before its listing in the same region, and has created 1/74 of the GDP with 1/8000 of the national area.

According to the White Paper on the 10th Anniversary of the Construction of China's Pilot Free Trade Zone released on the forum, in the past decade, the construction of Shanghai Free Trade Zone has created a better institutional environment for business entities, and enterprises have a high sense of gain and satisfaction. More than 80% of enterprises believe that the construction of the Shanghai Free Trade Zone has significantly improved or significantly improved the business environment; Most enterprises believe that there is strong coordination between the various reform and innovation measures of the Shanghai Free Trade Zone, and are full of expectations for the reform and innovation of the Shanghai Free Trade Zone.

The white paper reviews the construction process and development of the Shanghai Pilot Free Trade Zone, systematically summarizes and evaluates the reform achievements and experiences of the past 10 years, and looks forward to future development. The main body includes five chapters: "National Opening Strategy and the Historical Mission of the Shanghai Pilot Free Trade Zone", "Establishing the Basic Framework of Institutional Opening", "Building a Governance System for Coordinated Opening and Security of the Pilot Free Trade Zone", "Building a Leading Demonstration Zone for Serving the National Strategy", and "Outlook".


White Paper on the 10th Anniversary of the Construction of China (Shanghai) Pilot Free Trade Zone

On the same day, the "Typical Case of Innovative Development in China's Pilot Free Trade Zone" was released, taking the lead in piloting the national treatment plus negative list system for foreign investment access, creating a "Tesla Speed" investment project, and promoting the online operation of the "Offshore Connect" platform. The case is based on the principle of "telling the story of Shanghai's free trade through typical enterprise cases". It deeply explores and refines the institutional innovation issues of the Shanghai Pilot Free Trade Zone over the past decade, selecting 100 innovative achievements in pioneering reform, leading opening up, and integrated innovation, covering investment management, trade supervision, financial opening up, shipping services, technological innovation, talent services, government function transformation, and serving national strategy. It comprehensively demonstrates the various reform achievements of the Shanghai Pilot Free Trade Zone in the past decade, with a focus on solving specific practical bottlenecks in enterprise development.

This forum has set up three sub forums, and the attending guests will brainstorm around "cooperation", "openness", and "innovation" to share stories of free trade and Shanghai's experience.

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