A few days ago, the "Media Entering the Pilot Free Trade Zone" interview group visited the airport area of Tianjin Pilot Free Trade Zone for interviews. Continuously improving the level of trade facilitation through the innovation of the trade supervision system is a basic function of the free trade zone.
The airport area of Tianjin Pilot Free Trade Zone promotes the innovation and development of offshore trade, innovatively establishes the "Tianjin model" of "foreign exchange management department + territorial administrative department + commercial bank + offshore trade enterprise", and innovatively launches the "offshore trade +Cross-border e-commerce" business model has promoted many companies such as Golier, SEW, Zhongken Guobang, Chevron Lubricant to carry out offshore trade business, and the business settlement amount exceeds 93 million US dollars. The Airport Area of Tianjin Pilot Free Trade Zone adheres to system innovation as the core, promotes the implementation of various reform and innovation measures and achieves zero breakthroughs in many fields.
Offshore trade "Tianjin model" is effective
Recently, Tianjin Raychem Thermal Control Technology Co., Ltd. and the Bonded Branch of the Bank of China formed a settlement plan for offshore trade business. Raychem Thermal Control has completed the first settlement with a Singapore company, with a total amount of 670,000 US dollars. This single business is another case where the "Tianjin model" of offshore trade supports "overseas project contracting". Up to now, the "Tianjin Model" of offshore trade has covered three business areas of "group procurement", "offshore commodity trade" and "overseas project contracting".
The "Tianjin Model" of offshore trade is a model that brings together "foreign exchange management departments + territorial administrative departments + commercial banks + offshore trade implementation enterprises" under the framework of free trade to support the real economy to carry out new offshore trade models.
"In 2021, under the guidance of the airport area of the Tianjin Pilot Free Trade Zone and the Tianjin Branch of the People's Bank of China, the bonded branch of the Bank of China will take the lead in launching the new model of 'branch + FT account' in the country, assisting customers of foreign groups to set up branches in Tianjin to open FTE account and provide them with high-quality financial services,” said Liu Jia, senior product manager of Bank of China Bonded Branch.
Zhang Ning, deputy director of the Free Trade Bureau of Tianjin Port Free Trade Zone, introduced that with the continuous increase in the replication and promotion of the "Tianjin Model" of offshore trade, at present, Chevron (Tianjin) Lubricant Co., Ltd., Aisin Food Co., Ltd., Kerry Many enterprises in Tianjin Port Free Trade Zone such as Cereals and Oils (Tianjin) Co., Ltd. and Tianjin Bohai Petrochemical Co., Ltd. expressed their business needs. The airport area of Tianjin Pilot Free Trade Zone also contacted enterprises immediately, and designed settlement plans according to the actual needs of enterprises.
Promote the development of bonded maintenance and remanufacturing industry
The airport area of Tianjin Pilot Free Trade Zone continues to build a one-stop service base for aviation manufacturing, maintenance, and remanufacturing. More than 60 leading projects such as Airbus A320 aircraft assembly, Bombardier, and Goodrich have settled down. It is the largest Airbus production outside Europe. base and an important aviation manufacturing and maintenance base in the Asia-Pacific region.