The "2021-2022 China Pilot Free Trade Zone Institutional Innovation Index" was recently released, and Xiamen Free Trade Zone has ranked among the top five for two consecutive years. In the provincial dimension of Fujian Province, Fujian Free Trade Zone also ranks high among 21 provincial free trade zones nationwide, ranking eighth.
On July 22, the Comprehensive Research Institute of the Free Trade Zone of Sun Yat sen University released the "2021-2022 China Free Trade Pilot Zone System Innovation Index", and Qianhai, Nansha, Shanghai (Pudong), Shanghai (Port), Xiamen, Tianjin, Chengdu, Beijing, Wuhan and Chongqing ranked among the top ten in China. The 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 legalization environment. The evaluation object is 54 pilot free trade zones in China.
Professor Li Shanmin, Vice President of Sun Yat sen University and Chairman of the Comprehensive Research Institute of the Free Trade Zone, believes that from "fragmented" reform and innovation to today's integrated innovation of systems, the free trade zone has been playing a leading role and a backbone in the process of promoting institutional opening for nine years, and the "dividend" of institutional innovation has gradually emerged.
Since 2013, 21 pilot free trade zones have been set up in all provinces, autonomous regions and municipalities directly under the Central Government, and 278 system innovation achievements have been replicated and promoted nationwide, contributing 17.3% of the country's total import and export volume to the area accounting for less than 4 ‰ of the country's land area, and 18.5% of the country's foreign investment.