China News Service, Nanning, July 4th (Reporter Lin Hao) China (Guangxi) Pilot Free Trade Zone Construction Headquarters Office (abbreviated as Guangxi Free Trade Office) introduced on the 4th that since this year, Guangxi Pilot Free Trade Zone will give full play to its location and openness. Advantages, rationalize management systems and mechanisms, improve infrastructure construction, and market vitality is bursting rapidly.

  According to statistics, in the first half of 2021, nearly 17,000 enterprises settled in the Guangxi Pilot Free Trade Zone, a year-on-year increase of 400%.

The actual use of foreign capital is 480 million US dollars, and the total import and export volume exceeds 100 billion yuan.

  The Guangxi Free Trade Office stated that the Guangxi Pilot Free Trade Zone aims to build a pilot demonstration zone for cooperation with ASEAN. It will promote reform pilot tasks in the three major areas of opening to ASEAN, construction of new land-sea corridors, and border economic innovation. China (China) and Malaysia (Malaysia) Innovative measures such as the cross-border financial reform of the "two countries and two parks", the Pingxiang market procurement trade method pilot, and the Chongzuo cross-border e-commerce comprehensive pilot zone have been implemented.

  On June 11, Bank of China Qinzhou Branch used the financial innovation pilot policy for cross-border RMB two-way flow facilitation in the Guangxi Pilot Free Trade Zone Qinzhou Port Area to handle the first 3 million RMB cross-border transaction for Guangxi Ant Foreign Goods Supply Chain Management Co., Ltd. Financing payment business allows companies to truly enjoy the benefits of more freedom of capital in and out.

  In terms of optimizing the business environment, the Guangxi Pilot Free Trade Zone has been benchmarked against advanced areas to simplify handling procedures and reduce handling costs.

Guangxi has delegated 162 administrative powers in two batches at the autonomous region level, and has accelerated the decentralization of the negative list system.

  At the same time, the courts, prosecutors' offices, and intellectual property rights protection assistance centers in the Guangxi Pilot Free Trade Zone were successively established; the China Council for the Promotion of International Trade Service Center, the Mediation Center, and the China International Trade Commission and China Sea Admiralty Offices have successively settled in the Guangxi Pilot Free Trade Zone.

  In order to promote the upgrading and development of the cooperation mechanism between China and ASEAN, on April 24 this year, the China-ASEAN Economic and Trade Center was inaugurated and operated in the Nanning area of ​​the Guangxi Pilot Free Trade Zone to build an economic and trade cooperation hub with ASEAN countries.

At present, it has attracted nearly 30 business associations from China and ASEAN countries, well-known enterprises and international institutions.

  The Guangxi Free Trade Office stated that in the next step, the Guangxi Pilot Free Trade Zone will make every effort to promote the agglomeration and development of leading industries in advanced manufacturing and modern service industries, improve the use of foreign capital, foreign trade, and foreign cooperation, and build a cross-border industrial chain supply chain value for ASEAN. Chain, creating an open economy to lead a new development model.

Accelerate the construction of China-ASEAN economic and trade center, introduce more international institutions, business associations, well-known enterprises, and third-party service organizations, and promote the first trial of RCEP rules.

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