China News Network Zhoushan, April 4th (Reporter Xiang Jing) On the 3rd anniversary of the establishment of the China (Zhejiang) Free Trade Pilot Zone (hereinafter referred to as the Zhejiang Free Trade Zone), the State Council approved the publication of "About Supporting China (Zhejiang) Free Trade" Several Measures for the Open Development of the Oil and Gas Industry Chain in the Experimental Zone "(hereinafter referred to as" Empowerment 26 "). This new round of reform dividends has been expected by Zhejiang Free Trade Zone and oil and gas companies for many years.

From "do not produce a drop of oil" to the initial formation of a trillion-scale oil and gas industry pattern, in the past three years, the only domestic free trade zone in Zhejiang that features the construction of the entire oil and gas industry chain, through the identification of oil and gas industry plugging points and Haina policies Empowerment appeal, actively strive for greater reform autonomy in the free trade zone, while relying on the economic hinterland advantage of the Yangtze River Delta, serving the Yangtze River Delta integration national strategy, continue to gallop in the process of reform, opening up and development of land, sea and land linkage.

A shadow of Zhejiang Free Trade Zone. Photo courtesy of Management Committee of Zhejiang Free Trade Zone

Try first: try for greater autonomy in reform

After the establishment of the Zhejiang Free Trade Zone, the construction of the entire oil and gas industry chain encountered many institutional barriers. On the occasion of the 19th National Congress of the Communist Party of China proposing to grant the free trade zone greater autonomy for reform, the Zhejiang Free Trade Zone seized the opportunity of the times and tried first to win policy dividends for the oil and gas industry.

"The 26" empowerment "seen now actually took nearly three years. Because it involves complex departments and many policy breakthroughs, it is very difficult." Shao Zhe, Director of the Policy and Regulation Division of the Policy and Regulation Bureau of Zhejiang Free Trade Zone First, the policy requirements involved are mostly deep-seated institutional problems encountered in the construction of the entire oil and gas industry chain. Empowerment is of great significance to the development of the oil and gas industry.

It is understood that “empowering 26” focuses on the development needs of the oil and gas industry in Zhejiang Free Trade Zone, including the introduction of 11 international strategic investors in oil products trade, accelerating the transformation and upgrading of the petrochemical and refining industries, and improving the market-based allocation capabilities in the field of oil products circulation. 26 specific support measures were proposed in the field.

For example, Zhejiang Free Trade Zone originally faced the problem of overcapacity of refined oil products. After empowerment, it will further increase the export quota of refined oil products in Zhejiang Free Trade Zone, especially to expand the export route for oil and gas private enterprises.

"Empowering 26 Articles" is a vivid practice of Zhejiang Free Trade Zone exploring greater reform autonomy. Xia Wenzhong, deputy director of the Zhejiang Free Trade Zone Management Committee, said that this will help the Zhejiang Free Trade Zone promote the construction of the entire oil and gas industry chain, and create a free trade pilot zone with flexible institutional mechanisms, production factor flows, and a high degree of integration with international standards.

A shadow of Zhejiang Free Trade Zone. Photo courtesy of Management Committee of Zhejiang Free Trade Zone

Back-to-Hinterland: Zhejiang-Shanghai Linkage Releases Energy

Zhoushan, where the Zhejiang Free Trade Zone is located, is an important maritime gateway to the world along the eastern coast of China and the Yangtze River Basin. The success of "Empower 26" is inseparable from Zhoushan Tongjiang Dahai's proximity to the advantages of the location of the international main channel and the support of the economic hinterland of the Yangtze River Delta.

"The Yangtze River Delta itself is at the forefront of China's opening up, and the use of limited space in the Zhejiang Free Trade Zone also plays a leading role in opening up." Yi Chuanjian, secretary of the Party Committee and deputy dean of the School of Economics and Management of Zhejiang Ocean University, believes that Zhejiang In exploring the development of the oil and gas industry, the trade zone has played a good role in leveraging the Yangtze River Delta.

In the trade of oil products, Zhejiang and Shanghai launched a "strong alliance". In March 2018, the Zhejiang Free Trade Zone and the Shanghai Futures Exchange reached a "combination of current and current" cooperation agreement, using the "current and current cooperation" as a link to build an oil-based commodity trading market.

"We have completed China's first bonded fuel oil futures warehouse receipts direct supply business, and the 'Zhejiang International Oil Trading Center Quotation Zone' has also been launched on the Shanghai Stock Exchange's standard warehouse receipt trading platform." Deputy of the Policy and Regulation Bureau of Zhejiang Free Trade Zone Director Hu Chaolin introduced that currently, six warehouses in Zhoushan have become the delivery warehouses for crude oil and bonded fuel oil futures of the Shanghai Stock Exchange, which has initially established Zhoushan's industry position as an important delivery place for crude oil and fuel oil futures on the Shanghai Futures Exchange.

Not only is the oil product trade, the Zhejiang Free Trade Zone is also actively planning with Shanghai on the transportation routes between the two places, the construction of the deep-water port, etc., and it will jointly release development momentum in many ways.

A shadow of Zhejiang Free Trade Zone. Photo courtesy of Management Committee of Zhejiang Free Trade Zone

Connectivity: Radiation drives the Yangtze River Delta

While taking advantage of the east wind of the Yangtze River Delta to promote regional cooperation, the Zhejiang Free Trade Zone has also turned its development power into a radiant force, driving the integration of the Yangtze River Delta through interconnected radiation.

"Zhejiang Free Trade Zone is one of the core carriers for accelerating the integration of the Yangtze River Delta and serving the overall situation of China's opening up." Yi Chuanjian said that around the national strategy of the integration of the Yangtze River Delta, the Zhejiang Free Trade Zone is innovating in the system, "one center and three bases" The construction of a "demonstration zone" and transportation, port and other aspects have been explored and assisted.

Take the "New Austrian Zhoushan LNG Receiving Station Connection Pipeline Project" as an example. After the pipeline is completed, it will be connected to the natural gas pipeline network of Zhejiang Province. At that time, the total length of the Zhejiang provincial natural gas pipeline is expected to reach 4100 kilometers. The construction of the pipeline will help Zhejiang achieve the "county" Development goals.

"Xin'ao Zhoushan LNG Receiving Station is an important gas source to ensure the supply of natural gas in Zhejiang. Through the construction of connecting pipelines, it can realize the efficient export of the receiving station and provide strong support for the realization of safe and secure supply of natural gas." Xin'ao (Zhoushan) LNG Wang Bin, deputy general manager of the company, said that the coastal and Yangtze River Economic Belt can also be radiated by LNG boat river-sea combined transport in the future to fully release the capacity of the receiving station.

In addition to the interconnection of infrastructure such as pipelines, the Zhejiang Free Trade Zone has also accelerated the integrated development of ports in the Yangtze River Delta over the past three years.

In terms of facilitation of customs clearance, the Zhejiang Free Trade Zone launched the "single window" standard version of international trade "ships" (ships) "one single four declarations", bonded marine fuel oil cross-harbour area direct supply and other institutional innovations, not only promote It has strengthened the cooperation of coastal ports in Zhejiang provinces such as Zhoushan, Ningbo and Wenzhou, and strengthened the linkage between Zhejiang, Nanjing and Shanghai.

From system reform to innovative development, from enjoyment of dividends to the release of benefits, since its establishment three years ago, Zhejiang Free Trade Zone has been courageous in pioneering the construction of the oil and gas industry, linking the construction of China ’s entire oil and gas industry chain with the hinterland of the Yangtze River Delta, and surging with its competitive advantages in ports The new blue ocean of China's reform and opening up. (Finish)