Shanghai Pilot Free Trade Zone 10th Anniversary Construction Achievements Released Pudong New Area's Goods Trade Scale Growth of Trillion
CCTV News: On September 29, 2023, the Shanghai Pilot Free Trade Zone will celebrate its 10th anniversary of operation. On September 15th, the Shanghai Municipal Government held a press conference to introduce the achievements of the 10th anniversary construction of the Shanghai Pilot Free Trade Zone.
At the press conference, it was introduced that in the past 10 years, Shanghai Pilot Free Trade Zone and Lingang New Area have achieved a series of institutional innovation achievements in benchmarking international high standard economic and trade rules, promoting high-level institutional opening up, adhering to the direction of factor marketization reform, and enhancing global resource factor allocation capabilities.
![Shanghai Pilot Free Trade Zone 10th Anniversary Construction Achievements Released Pudong New Area's Goods Trade Scale Growth of Trillion](https://a5qu.com/upload/images/d98497e91702829d74c08aa0495d7be4.jpg)
The Shanghai Pilot Free Trade Zone has innovated its investment and trade system by implementing the country's first special management measures for foreign investment access, implementing a filing system for general overseas investment projects, and building a high-level "single window" for Shanghai's international trade. It has explored paths and accumulated experience for the country to promote high-level opening up and connect with international high-level economic and trade rules.
Shen Weihua, Deputy Director of the Shanghai Municipal Commission of Commerce: As of the end of last year, the actual cumulative foreign investment in Pudong New Area has reached 75 billion US dollars, and the registered capital has exceeded 200 billion US dollars. The scale of goods trade has increased from 1.5 trillion yuan in 2013 to 2.5 trillion yuan in 2022, with a growth of trillions over the past 10 years.
![Shanghai Pilot Free Trade Zone 10th Anniversary Construction Achievements Released Pudong New Area's Goods Trade Scale Growth of Trillion](https://a5qu.com/upload/images/bbb34c5b709770d2c031452b20d56788.jpg)
Next, the Shanghai Pilot Free Trade Zone will continue to adhere to institutional innovation as the core, with replicability and scalability as the fundamental requirement, and carry out greater stress testing at a deeper level.