China News Service, Guangzhou, July 22 (Xu Qingqing and Liu Yingni) According to the "2021-2022 China Pilot Free Trade Zone Institutional Innovation Index" report released on the 22nd by Sun Yat-sen University's Free Trade Zone Comprehensive Research Institute, the Pilot Free Trade Zone Institutional Innovation Province Guangdong ranked first (86.49) in the grade index score, and Shanghai, Tianjin, Beijing, Chongqing and Sichuan index scores exceeded 80.

  According to the report, the institutional innovation index includes five first-level indicators, 19 second-level indicators and 57 third-level indicators of "investment liberalization", "trade facilitation", "financial reform and innovation", "transformation of government functions" and "law-based environment". The evaluation targets are 54 free trade test (film) areas across the country.

  Judging from the overall ranking at the provincial level: from 2021 to 2022, the provincial index of institutional innovation in the pilot free trade zone ranked first in Guangdong (86.49), and the scores in Shanghai, Tianjin, Beijing, Chongqing and Sichuan exceeded 80.

  The average overall score of institutional innovation in the 54 free trade zones across the country was 76.70 points, with Qianhai, Nansha, Shanghai (Pudong), Shanghai (Lingang), Xiamen, Tianjin, Chengdu, Beijing, Wuhan and Chongqing ranking among the top ten in the country.

  Judging from the sub-items of the innovation index, the top five areas in the trade facilitation index are Nansha, Shanghai (Pudong), Qianhai, Shanghai (Lingang), and Tianjin.

The top three in the investment liberalization index are Nansha, Qianhai and Shanghai (Pudong).

The top three in the financial system innovation index are Shanghai (Pudong), Qianhai and Nansha.

The top three areas in the government function transformation index score are: Qianhai, Nansha, and Shanghai (Pudong).

  The report pointed out that it has been nine years since the development of China's pilot free trade zones. From the initial "fragmentation" reform and innovation to today's institutional integration innovation, the pilot free trade zone has always played a role in promoting institutional opening up. The role of direction leader and backbone.

Since 2013, China's provinces/autonomous regions/municipalities have set up 21 pilot free trade zones, replicated and promoted 278 institutional innovations across the country, and contributed 17.3% of the country's total investment with an area of ​​less than 4‰ of the country's land area. The total export volume and foreign investment accounted for 18.5% of the country's total.

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