Just after the Spring Festival in 2023 , Chongqing has firmly identified the Chengdu-Chongqing economic circle as the "No. 1 Project". From the implementation level, it will focus on the construction of the Chengdu-Chongqing economic circle and the new land-sea corridor in the west, and actively plan the work of Chongqing in the grand scenario of Chinese-style modernization.
This heavy signal quickly spread throughout the 82,400 square kilometers of Yuzhou.
Chongqing, located in the hinterland of the west, pays more attention to the promotion of import and export to the economy than ever before. It will use the free trade zone as a starting point to connect with Western Europe, East Asia, Southeast Asia is connected, and based on this, the foreign trade system of the entire city is built.
The Chongqing Free Trade Zone needs to run out of acceleration, take off, and drive Chongqing to soar into the sky.
Bank of Chongqing is ready, and it will contribute its part!
On January 12 , 2023 , the Chongqing Banking and Insurance Regulatory Bureau officially issued the "Reply on Upgrading the Minsheng Road Sub-branch of the Bank of Chongqing to the Chongqing Free Trade Pilot Branch of the Bank of Chongqing", and the Minsheng Road Sub-branch of the Bank of Chongqing was approved to be upgraded to the Free Trade Zone Branch of the Bank of Chongqing , will become the first city commercial bank to set up a free trade zone branch in Chongqing.
On February 27 , 2023 , the Free Trade Zone Branch of the Bank of Chongqing was officially listed and opened to welcome customers.
There are five batches of China's free trade zones, roughly " 1+3+7+1+6 ".
The first batch was Shanghai in September 2013 , the second batch was Guangdong, Tianjin, and Fujian in April 2015 , and the third batch was Liaoning, Zhejiang , Henan, Hubei, Chongqing , Sichuan, and Shaanxi in April 2017 . The fourth batch was in Hainan in October 2018 , and the fifth batch was in Shandong, Jiangsu, Guangxi, Hebei, Yunnan, and Heilongjiang in August 2019 .
The implementation area of the Chongqing Free Trade Zone is 119.98 square kilometers, covering three areas: Liangjiang Area, Xiyong Area, and Orchard Port Area .
Over the past five years since the Chongqing Free Trade Zone was listed , the cumulative number of new market players has exceeded 65,000 , and more than a quarter of the city's import and export companies have gathered , contributing about 70% of the city's total trade volume. 20% .
Compared with other free trade zones in China, Chongqing Free Trade Zone has contributed three major innovations.
First, in 2018 , Chongqing Bank and other financial institutions relied on the China-Europe Railway Express (Yuxinou) to open the world's first batch of "International Letters of Credit for Railway Bills of Lading", which greatly reduced the pressure on corporate funds, and also enjoyed savings of more than 20 yuan compared to sea transportation . The "time bonus" brought by the sky. At the same time, the transfer effect of this railway bill of lading was supported by judicial practice, creating a precedent in the history of international trade.
Second, in 2020 , the Chongqing Free Trade Zone pioneered the "management model of 'one guarantee and multiple uses' for trade in goods", and took the lead in realizing the common use of one guarantee for enterprises in different business fields, different business sites, and different guarantee items in the customs area. The company saved nearly 100 million yuan in capital costs, and was included by the State Council in the sixth batch of pilot reforms in pilot free trade zones. The experience was replicated and promoted across the country.
Third, in 2021 , the Western Land-Sea New Corridor will reach 311 ports in 106 countries (regions) . Chongqing has launched the country’s first cross-border financial blockchain application scenario for financing and settlement of the Western Land-Sea New Corridor, eliminating the need to send paper documents back and forth. process, realize the paperless processing of the whole process, and provide enterprises with financing of more than 1.5 billion US dollars.
