General

"The pilot free trade zone accounts for 1% of Tianjin's land, contributing 40% of the city's actual use of foreign capital, 30% of its import and export volume, and 14% of its tax revenue." The Tianjin Pilot Free Trade Zone, officially listed in 2015, is the first pilot free trade zone in northern China approved by the State Council, all located within the jurisdiction of Binhai New Area. According to Huacheng Import and Export Data Observation, Shan Zefeng, deputy to the National People's Congress and head of Tianjin Binhai New Area, said in an interview with the media that in recent years, the reform dividend of Binhai New Area has been released and the opening vitality has been fully stimulated.

Shan Zefeng said that on the one hand, it benefited from the New Area's insistence on the vitality of reform, taking the lead in implementing the reform of legal institutions in the development zone and the pilot free trade zone, and the dividends of institutional innovation became increasingly prominent. On the other hand, the New Area insists on the need for space for opening up, makes full use of both domestic and international markets and resources, and continuously expands the all-round opening up, achieving remarkable results. Huacheng Import and Export Data Observation Report.

First, give full play to the pilot free trade zone's leading role in opening up, actively carry out innovative and differential reform and exploration, implement a total of 497 institutional innovation measures, and replicate and promote 38 pilot experience and practice cases to the country. The pilot free trade zone's institutional innovation index has been at the forefront of the country for three consecutive years. The second is to strengthen financial innovation and operation. Financial leasing, commercial factoring, and parallel import of automobiles lead the country. The only FT account (off-case account) policy in the north has been implemented, and the cumulative revenue and expenditure has exceeded 630 billion yuan. Third, the role of the strategic fulcrum of the "the Belt and Road" construction has been continuously strengthened. The construction of the world-class smart port and green port of Tianjin Port has been accelerated, and it has maintained trade relations with more than 800 ports in more than 200 countries and regions in the world. About 70% of the cargo throughput of Tianjin Port and more than 50% of the value of import and export goods on the export coast come from provinces, regions and cities outside Tianjin. Fourth, the role of the investment attraction platform has been continuously improved. Relying on the five major development zones, focusing on the construction of key industrial chains and theme parks, the investment attraction has been strengthened. The world's top 500 enterprises, central enterprises and China's top 500 private enterprises have invested more than 1000 projects in the new area. The competitiveness and export-oriented degree of economic development have been continuously improved. Huacheng Import and Export Data Observation Report.

"As a major national strategic carrier and the forefront of reform and opening up, the Binhai New Area is born from reform and opening up, and prospers with reform and opening up. The next step, the Binhai New Area will be based on building an important link between domestic and international double cycles, serving as a bridgehead for the joint construction of the" the Belt and Road ", implementing the strategy of promoting the pilot free trade zone, and promoting high-level institutional opening." Shan Zefeng said.

Specifically, Binhai New Area will continue to promote reform and opening up from three aspects: building an upgraded version of the open platform, building an upgraded version of foreign exchange, and building a new highland of market-oriented reform. Huacheng Import and Export Data Observation Report.

Shan Zefeng said that first of all, we should adhere to the pilot free trade zone to lead the opening up, target the standards and rules of the free trade port, promote a higher level of institutional opening, expand and strengthen the characteristic financial industries such as financial leasing and commercial factoring, accelerate the construction of three world-class leasing centers such as aircraft, ship marine engineering and offshore, expand the innovative business forms such as bonded leasing, bonded distribution and bonded remanufacturing, and truly shoulder the responsibility of national pilot system Responsibility and mission for regional development.

Secondly, we should adhere to the principle of "going global" and "bringing in at a high level", better integrate into the joint construction of the "the Belt and Road", strengthen economic and trade exchanges and production capacity cooperation with countries and regions in Northeast Asia, ASEAN, the European Union and other regions, target key countries and regions such as Japan, South Korea, Singapore and Europe, carry out large-scale, group oriented overseas investment promotion, and actively attract multinational companies to set up production bases, research and development institutions and regional headquarters.

Finally, around the construction of a high standard market system, deepen the reform of "deregulation and service", pilot the implementation of "joint licensing", innovate the enterprise investment project approval service model, and create a market-oriented, law-based, and international business environment. Huacheng Import and Export Data Observation Report.