A free trade zone (referred to as a free trade zone for short) is a multi-functional special economic zone established within and outside the customs territory to achieve trade liberalization and facilitation through preferential taxation and special customs supervision policies. Entering the new era of socialism with Chinese characteristics, China's foreign exchanges have become increasingly frequent, and international economic and trade exchanges have gradually increased. The establishment of free trade zones has made international trade exchanges more free and convenient, stimulating economic growth and promoting cultural exchanges. The construction of the free trade zone is closely related to China's social development in the new era. The economy is more open, and international cooperation and economic exchanges are carried out with the help of the free trade zone; The cultural revival is flourishing, and the national image is established with the help of the free trade zone; The society is more harmonious, and advanced concepts are disseminated through the free trade zone. It can be seen that the free trade zone is of great value to China in the new era, reflects the concept of openness and inclusiveness, the practice of development and progress in China, and reflects the situation of China's integration with the world and integration into the world's development.
Characteristics of China's Free Trade Area in the New Era
The China Free Trade Zone (CFTZ) has many characteristics due to its coastal geographical environment, rich and diverse commodities, long-standing cultural heritage and broad economic development space. Free trade zones in different regions reflect different tendencies of trade, realize comprehensive and comprehensive trade exchanges, and promote common development in all fields.
1、 Coastal Free Trade Zones: China's coastal areas include many port type free trade zones, mainly engaged in ship shipping trade, which undertakes trade in bulk goods, marine products, energy supply, etc. The trade of bulk goods promotes the growth of large product orders and domestic economic growth; The trade of marine products promotes the export of featured products and forms distinctive Chinese characteristics in international trade; The trade of energy supply has promoted the development of industrial pillar industries and made China's basic industries develop soundly.
2、 The inland free trade zone, mainly built in the economically developed areas of eastern and central China, is of great significance in stimulating economic growth and promoting cultural exchanges. The inland free trade zone focuses on the export trade of small products, which has significantly activated the commodity economy. In the trade of important specialty products such as tea and silk, it has promoted the spread of Chinese culture to the outside world, which is conducive to improving the international image.
3、 The border free trade zone is generally located at the border between China and its neighboring countries. It strengthens trade exchanges between China and its neighboring countries. With the advantage of its location, it promotes the economic exchanges between China and its neighboring countries to be more smooth and convenient, and realizes economic integration with the surrounding areas. At the same time, the establishment of border free trade zones enables China to maintain economic, political and cultural exchanges with neighboring countries, enhance mutual trust, reduce conflicts and maintain peace and stability along the border.
The Value of China's Free Trade Zone in the New Era
The China Free Trade Zone, with its unique trade mode, broad trade space and comprehensive trade products, has formed a huge driving force for political, economic, cultural and social development. It plays an important role in the development of the new era, making politics more mutual trust, economy more dynamic, culture more prosperous, society more harmonious and achieving all-round development.
1、 Increase mutual trust politically. On the one hand, the establishment of the Free Trade Zone has opened a window for exchanges between China and the world. China has opened the door to the world to export Chinese made products. China has closer ties with countries around the world, and has reached mutual trust and friendship with many countries in communication. On the other hand, the establishment of the free trade area has eliminated confrontation and conflict between trading countries, and mutual trust and cooperation have been achieved through mutual trust. Through trade exchanges in the Free Trade Zone, China and trading countries left a good impression on each other, supported each other in international affairs, and won recognition and praise from more countries.
2、 The economy is more dynamic. First of all, the establishment of a free trade zone means that all countries in the world can trade with China, including tangible material transactions and intangible financial assets transactions. Through tangible material transactions, we can promote the development of the domestic real economy and transform materials into assets. The exchange of international trade in goods can drive the development of various industries in various countries, sell products, obtain funds, and finally convert into GDP. Intangible financial assets mainly refer to bank financial products, stocks, futures, etc. By taking advantage of the location of the Free Trade Zone, international transactions of financial assets can be realized, creating intangible asset values, and finally obtaining high profits. Secondly, the establishment of a free trade zone can promote the reform of the financial mechanism. The free trade zone has realized the free trade of products, providing a more free trading ground for the import and export trade with tariff and quantity restrictions. The degree of freedom and openness of the Free Trade Zone makes the financial mechanism more flexible. It adjusts the financial mechanism based on the principle of maximizing returns, and forms a new financial mechanism that adapts to the market pattern. Finally, promote the commercial development of the surrounding areas of the Free Trade Zone. As the free trade zone has more frequent transactions and high activity, the cities that establish free trade zones generally develop rapidly, and shopping malls, supermarkets, restaurants and other places around the free trade zone will gain certain economic benefits.
3、 The culture is more prosperous. Many free trade zones in China are established in Fujian, Hainan, Zhejiang, Jiangsu and other tourist and cultural resorts. In these free trade zones, many foreign trade products bear important cultural values. For example, Fujian's oyster omelet, seven star fish balls, braised pork dumplings and other snacks are well-known at home and abroad. More famous Chinese snacks are sold overseas through the Free Trade Zone, spreading Chinese food culture, building Chinese snack brands, and building a good image of Chinese culture. In the Free Trade Zone, there are also local specialty exports, such as Hainan Coconut, Guangxi Siraitia grosvenorii, etc. The special products will be sold overseas through the free trade zone, so that people in other overseas countries can understand the special products in different regions of China and spread the special culture in different regions of China. Since some free trade zones are historical and cultural resorts, people will go to the scenic spots where the free trade zones are located to see the famous mountains and rivers of China and feel the charm of Chinese culture when conducting trade exchanges in the free trade zones.
4、 The society is more harmonious. The establishment of free trade zones in Chinese cities is conducive to people's communication, trading and cooperation. In cities with free trade zones, on the one hand, people can strengthen exchanges and communication with each other and make more friends, so as to feel the warmth of society and deepen their love for the city and life; On the other hand, people can open restaurants and cultural stores around the Free Trade Zone to earn additional income, improve their living standards, and fully enjoy the economic prosperity brought by the free trade zone, thus making the society less complaining and more harmonious. The free trade zone can realize the liberalization and facilitation of trade. Through the free trade in the free trade zone, people can feel the humanization of trade, the joy of work, the enrichment of life, and full of positive spiritual pursuit to achieve social harmony.
To sum up, the establishment of the Free Trade Zone has enhanced China's political influence, promoted economic growth, spread Chinese culture, achieved social harmony, and has high political, economic, cultural and social values. China should further strengthen the construction of the free trade zone, promote the liberalization and convenience of the trade in the free trade zone, promote the continuous development of the free trade zone, become a propeller to increase people's well-being and help the country's development, and contribute to the great rejuvenation of the Chinese nation.
