Chinese economy

In 2019, there will be about 319000 new enterprises in 18 pilot free trade zones From Ministry of Commerce

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The following is the In 2019, there will be about 319000 new enterprises in 18 pilot free trade zones From Ministry of Commerce recommended by recordtrend.com. And this article belongs to the classification: Chinese economy.

The report reviews the development of the national pilot Free Trade Zone in 2019, comprehensively reflects the pilot free trade zone’s leading role in the construction of a new development pattern, and its exploration and practice of “taking the lead” in greater efforts and deeper reform and opening up, which fully demonstrates the demonstration and leading role of the pilot Free Trade Zone in promoting China’s high-quality economic development.

The report shows that in 2019, on the basis of the original 12 pilot free trade zones, China will set up six new pilot free trade zones in Shandong, Jiangsu, Guangxi, Hebei, Yunnan and Heilongjiang, and add a new port area of Shanghai pilot free trade zone. By the end of 2019, a total of 18 pilot free trade zones have been set up in China, forming a pattern of reform, opening up and innovation covering the East, West, North and south.

As a new highland of reform and opening up, the pilot free trade zone has become an important position to stabilize foreign trade and foreign investment. In 2019, there will be 319000 new enterprises in 18 pilot free trade zones, including 6242 foreign-funded enterprises, with a total import and export value of 4.6 trillion yuan, and 143.55 billion yuan of foreign capital actually utilized. With less than four thousandths of the national land area, 14.6% of the national import and export and 15.2% of foreign investment will be realized.

The report points out that the pilot free trade zone has tried out a management mode with national treatment plus negative list as the core, which has changed the management mode of examining and approving foreign investment case by case for a long time. In 2019, the pilot Free Trade Zone issued the sixth version of the negative list, which was reduced by 80.5% compared with the 2013 version. Among them, the number of restrictive measures was reduced from 152 in 2013 to 17 in 2019, with a reduction rate of 88.8%. The number of prohibitive measures was reduced from 38 in 2013 to 20 in 2019, with a reduction rate of 47.4%.

According to statistics, in 2019, a total of 66 system innovation achievements that can be replicated and promoted in the pilot free trade zone have been formed at the national level. In terms of fields, among the 66 institutional innovations, 19 are in the field of investment, 7 in the field of trade, 7 in the field of financial openness and innovation, 15 in the field of supervision during and after the event, 6 in the field of optimizing tax collection and management, and 12 in the field of facilitating the flow of personnel. More reading: Ministry of Commerce: China’s foreign investment in 2017 Ministry of Commerce: China’s export of 373000 vehicles from January to may 2020 Ministry of Commerce: China’s consumer market operation in May 2018 Ministry of Commerce: China’s import and export from January to August 2016 reached 15.4 trillion yuan, down 1.8% Ministry of Commerce: China’s foreign investment in May 2018 reached 58.81 billion yuan Ministry of Commerce: development of China’s service trade in the first quarter of 2020 Ministry of Commerce: international commodity market trend in spring of 2020 Ministry of Commerce: National Day 2016 national retail and catering sales about 1.2 trillion yuan, a year-on-year increase of 10.7% Ministry of Commerce: development report of China’s digital service trade 2018 Ministry of Commerce: in the first 10 months of 2017, China’s foreign investment dropped by nearly 41% on a year-on-year basis Ministry of Commerce: the operation of China’s consumer market in April 2019 Ministry of Commerce: the prosperity index of China’s convenience stores in the second quarter of 2017 Ministry of Commerce: China’s foreign trade situation report (autumn 2017) Ministry of Commerce: the total import and export trade between the mainland and Hong Kong in 2016 reached 2 trillion research report

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