Xinhua News Agency, Shanghai, August 15 (Reporter Yang Youzong) On the occasion of the opening anniversary of the Lingang New Area of the China (Shanghai) Pilot Free Trade Zone, the report card issued by the Lingang New Area Management Committee shows that, as of now, from More than half of the 78 policy and system innovation tasks decomposed in the "China (Shanghai) Pilot Free Trade Zone Lingang New Area Overall Plan" have been completed, 45 projects have been implemented, and 22 other projects have been formulated; a total of 358 projects have been signed, involving The total investment is 271.363 billion yuan.
Since the inauguration of the Lingang New Area one year ago, a system of investment and trade liberalization and facilitation in line with internationally accepted rules has been accelerated. For example, the Lingang New Area took the lead in implementing the company name notification commitment system, which increased the speed of company name registration from one day before the reform to real-time, and a total of about 2,400 companies obtained company names through this method.
The Lingang New Area continued to increase its opening to the outside world, and the joint venture wealth management company Huihua Financial Management Co., Ltd. settled in Lingang. At present, the Lingang New Area is also exploring to relax the proportion of foreign ownership in the fields of telecommunications, technology, education, health, etc., and is the first in the country to allow well-known overseas arbitration institutions to establish business institutions.
On May 16, 2020, the Yangshan Special Comprehensive Bonded Zone was officially put into operation, becoming the only special comprehensive bonded zone among the 151 special customs supervision areas in the country.
Over the past year, the accumulation of high-end resource elements has accelerated in the Lingang New Area, with 15,115 newly registered enterprises in the area, a year-on-year increase of 70%. From January to July 2020, the whole society’s fixed asset investment in Lingang New Area is expected to grow by 32.8% year-on-year, industrial investment by 69.8% year-on-year, and total industrial output value by 26% year-on-year, showing that “the heat will not decrease, the momentum will not decrease, and the reform will continue. "Undiminished strength" is a good posture.
Zhu Zhisong, executive deputy director of the Management Committee of the Lingang New Area of Shanghai Free Trade Zone, said that in the next step, the Management Committee of the Lingang New Area will benchmark against the highest international standards and the best standards, boldly enterprising, experimenting, and reforming independently, and further develop its foreign counterparts. Open up the role of "experimental field" and "weather vane", increase the stress test of open economic risks, produce more breakthrough and leading reform and innovation results, and make every effort to create a special economic function zone with more international market influence and competitiveness.