7 newly established free trade test zones are unlisted today

Abstract Recently, the State Council approved the establishment of seven free trade pilot zones in Liaoning, Zhejiang, Henan, Hubei, Chongqing, Sichuan, Shaanxi and other provinces and cities, and issued the “Overall Plan”. Vice Minister of Commerce Wang Shouwen said at the press conference of the State Council held yesterday that the new 7...
Recently, the State Council approved the establishment of seven free trade pilot zones in Liaoning, Zhejiang, Henan, Hubei, Chongqing, Sichuan, Shaanxi and other provinces and cities, and issued the "Overall Plan". Wang Fuwen, deputy minister of the Ministry of Commerce, said at the press conference of the State Council held yesterday that the overall plan for the establishment of seven new free trade pilot zones emphasized the opening up of the gateway cities in the western region and the in-depth implementation of the development of the western region. At the same time, the third batch of free trade pilot zones and the first two batches of coordinated development, in line with the implementation of the national strategy of “One Belt, One Road” and “Yangtze River Economic Belt”, formed a joint open pattern of points, lines and surfaces.
The China Securities Journal reporter learned that the third batch of seven free trade zones in preparation for seven months is scheduled to be unlisted on April 1. This means that the three batches of 11 free trade pilot zones approved and constructed by the State Council will form a new pilot pattern of “1+3+7” free trade pilot zones from south to north and from east to west.
In order to carry out reform and innovation practice and exploration on a wider scale, build more “opening and reforming and opening up” “test fields” and further build a new pattern of all-round opening up. At the end of August last year, the Party Central Committee and the State Council decided to be in Liaoning, Zhejiang, Henan, Hubei, Seven new free trade pilot zones have been established in Chongqing, Sichuan, Shaanxi and other provinces and cities. Referring to the existing free trade pilot zones such as Shanghai, the new free trade pilot zone is mainly based on state-level new districts and parks with better development foundations, each of which contains three sections with an area of ​​120 square kilometers.
Wang accepts that the newly added seven free trade pilot zones are mainly concentrated in the central and western regions and the northeast region. There are two reasons for this. First, the free trade pilot zone should promote replication experience to the whole country, both in the central and western regions and in the northeast region. Forming experience and conducting risk testing will help promote it at a higher level and in a wider range of areas across the country. The second is to better serve the national strategy. For example, the “One Belt and One Road” strategy and the development strategy of the Yangtze River Economic Belt, in order to meet the needs of these strategic implementations, choose to set up a free trade zone in the central and western regions and the northeast region. The purpose is to serve the development of the western region, the revitalization of the northeast, the rise of the central region, and the lead in the east. Major strategies such as the coordinated development of Beijing-Tianjin-Hebei, the development of the Yangtze River Economic Belt, and the construction of the “Belt and Road” will promote the in-depth development of the economy of the Mainland, Hong Kong and Macao, and deepen economic cooperation between the two sides.
In terms of overall program design, Wang Shouwen said that the seven provinces and cities combined with their own characteristics, proposed to explore and promote in the Pilot Free Trade Zone, such as Liaoning to deepen the reform of state-owned state-owned enterprises; an important content of Zhejiang is to build an international maritime service base and international oil products. The storage and transportation base will promote the development of foreign trade; Henan should build an international transportation logistics channel to reduce transportation costs; Hubei will promote innovation-driven development and promote the strategic docking of the central region and the Yangtze River Economic Belt and related industrial upgrading; Chongqing will focus on promoting The Belt and Road Initiative is linked to the development of the Yangtze River Economic Belt; Sichuan is to promote the coordinated development strategy of inland and coastal areas along the border; Shaanxi has innovated modern agricultural exchange and cooperation mechanisms to expand cooperation with countries along the “Belt and Road”. "These pilot projects in different pilot zones have their own characteristics, so that they can form a replicable and promoteable experience in the country and promote it throughout the country." Wang said.

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