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Innovation, multiple benefits, high momentum, the latest transcript of Guangdong Free Trade Zone rel

   2022-09-15 9280
Last year, we replicated and promoted 13 reform and innovation experiences across the province. This year, we deployed 13 Guangdong Pilot Free Trade Zone Linked Development Zones, replicating and prom

"Last year, we replicated and promoted 13 reform and innovation experiences across the province. This year, we deployed 13 Guangdong Pilot Free Trade Zone linked Development Zones, replicating and promoting 62 of the latest reform and innovation achievements. So far, we have replicated and promoted 203 reform and innovation experiences across the province, and released 245 system innovation cases." Today (August 18), the Information Office of Guangdong Provincial Government held a press conference on the phased achievements of reform and innovation of Guangdong Pilot Free Trade Zone. Zhang Jinsong, the director of the Provincial Department of Commerce and the director of the Free Trade Office, made a presentation.


According to the third-party assessment, in 2021, the four indicators of investment, trade, cross-border finance and shipping in Guangdong Pilot Free Trade Zone will increase by 9.2%, 10.38%, 8.79% and 22.4% respectively compared with 2020. The good institutional environment has effectively driven the high-quality economic development of Guangdong Pilot Free Trade Zone.


Six out of ten thousand land in the province attracts one fourth of foreign investment


In recent years, the overall economic indicators of Guangdong Pilot Free Trade Zone have grown steadily. In 2021, the fixed asset investment in Guangdong Pilot Free Trade Zone will be 137.599 billion yuan, up 6.5%; Tax revenue was 104.8 billion yuan, up 2.8%; A total of 449 projects were invested by 88 Fortune Global 500 enterprises, and 261 headquarters enterprises were recognized. From January to June this year, Guangdong Pilot Free Trade Zone completed fixed asset investment of 61.831 billion yuan; The tax revenue was 56.776 billion yuan.


On the other hand, the portal hub function is more prominent. In 2021, the import and export of Guangdong Pilot Free Trade Zone will be nearly 400 billion yuan. In the first half of this year, it will exceed 200 billion yuan, with a growth rate of 24.9%, far exceeding the average growth rate of 2.8% in the province.


In 2021, Guangdong Pilot Free Trade Zone will actually use foreign capital of 8.241 billion US dollars. In the first half of this year, the actually utilized foreign capital was 4.045 billion US dollars, attracting 1/4 of the total foreign capital of the province with an area of 6% of the province.


In 2021, there will be 332 international liner routes in Guangdong Pilot Free Trade Zone, which will increase to 338 in the first half of this year. The annual container throughput will be more than 30 million TEUs, more than one tenth of the national total.


In 2021, there will be 332 international liner routes in Guangdong Pilot Free Trade Zone, which will increase to 338 in the first half of this year. The annual container throughput will be more than 30 million TEUs, more than one tenth of the national total.


Business license can be obtained in half a day


Guangdong Pilot Free Trade Zone focuses on opening up and innovative development, with many highlights in construction and continuous optimization of the international business environment. Zhang Jinsong said that with the continuous progress of the reform of "deregulation, regulation and service", the negative list of foreign investment in the pilot free trade zone has been further reduced, and the number of restrictive measures has been reduced to 27, and the negative list of manufacturing projects has been cleared. At the same time, the third batch of 68 provincial management authorities were delegated to each district.


The efficiency of government services has also been further improved. The average time required for enterprises in the pilot free trade zone to obtain business licenses is only 0.5 days. The time required for enterprises to obtain formal water supply, power supply and Internet access has reached the international forefront.


Innovative development of new international trade formats


In Nansha area, an international integration and distribution center has been built for global premium products, South China medicine, food and wine, cold chain logistics, etc., and a 10 billion level import platform for aircraft, automobiles, grain, medicine, etc. has been built. At the beginning of this year, Nansha launched the pilot of bonded oil refueling license, and completed 1120 tons of bonded oil refueling business in the first half of this year.


In the Qianhai area, the Asia Pacific distribution center for electronic components, the marine transit center, and the departure air transport service center drove the import and export of the Qianhai Comprehensive Bonded Area to 96.25 billion yuan in the first half of this year, an increase of 48.1%.


In addition, Qianhai District also developed the bonded maintenance business of "two ends outside". Qianhai innovated the supervision mode of "bonded maintenance+bonded logistics", supported Huawei, BOE, Dajiang and other enterprises to carry out bonded maintenance of overseas products, and the import and export volume under the maintenance project reached 29.48 million dollars in January June this year.


Nansha Port Railway was completed and opened, Guangzhou Nansha Phase IV fully automated wharf was officially put into operation, and Shenzhen Shekou Mawan Smart Port was opened for operation... In recent years, significant progress has been made in the construction of shipping infrastructure in Guangdong Free Trade Zone. At present, Nansha and Qianhai Shekou area have 144 deep-water berths, with a maximum berthing capacity of 220000 tons.


The collection and distribution network is also more perfect. Among them, Nansha Port Railway opened "China Europe", "Central Asia" trains and "Hunan, Guangdong and Africa" international logistics channels. In the first half of this year, sea rail combined transport exceeded 30000 TEUs. Nansha "Bay Area One Port Connection" covers 12 inland river terminals in the province, and Qianhai "Great Bay Area Combined Port" has opened 21 combined port lines.


In 2021, the international transit volume of Nansha and Qianhai will reach 2.0101 million TEUs, and the water transit volume will reach 11.6898 million TEUs.  Nansha Port has gathered three major alliances of global container liners and become a container transport hub port in Africa and Southeast Asia.


Accumulative loans granted under FT amounted to 101.5 billion yuan


It is reported that Nansha has been approved as one of the first four free trade zones in China to carry out the pilot reform of foreign exchange management for high-level opening of cross-border trade and investment. As of the end of July this year, the pilot business had accumulated a trading amount of 5.1 billion dollars.


The facilitation level of cross-border capital flows has also been constantly improved. The free trade (FT) account business of Guangdong Pilot Free Trade Zone has been approved to expand the scope of pilot banks and services, and carry out the pilot cross-border RMB settlement of trade financing asset transfer.  From 2021 to the first half of this year, the settlement volume of cross-border two-way RMB capital pool was 375.7 billion yuan, accounting for 29% of the province;  The cross-border RMB settlement amount was 1015.65 billion yuan, accounting for 12.5% of the province; The loan granted under FT amounted to 101.5 billion yuan.


In addition, Guangzhou Futures Exchange has vigorously supported the construction of financial platforms, and launched the process of project approval and listing application of futures varieties. Qianhai United Trading Center successfully launched offshore soybean spot trading varieties, with a turnover of 561 million yuan.


The actual investment from Hong Kong and Macao in the first half of the year accounted for 29.6% of the province's total


As an important strategic platform for the cooperation and development of Guangdong, Hong Kong and Macao, Guangdong Pilot Free Trade Zone has been more closely cooperating with Hong Kong and Macao in recent years.


In 2021, Guangdong Pilot Free Trade Zone will actually attract 52.4 billion yuan of investment from Hong Kong and Macao, and 2656 new Hong Kong and Macao funded enterprises will be established, accounting for 33.8% of the province's investment from Hong Kong and Macao; From January to June this year, the actual amount of investment from Hong Kong and Macao was 25.47 billion yuan, and 721 new Hong Kong and Macao funded enterprises were established. In the first half of this year, the actual amount of investment from Hong Kong and Macao accounted for 29.6% of the province.


The Guangdong Pilot Free Trade Zone has also continued to expand its opening to the Hong Kong and Macao service industries, set up 14 Guangdong Hong Kong and Macao law firms, built the first Australian funded medical institution in the mainland, successfully filed 55 Hong Kong engineering construction consulting enterprises and 253 Hong Kong professionals, expanded the scope of practice filing of Hong Kong and Macao professionals in Qianhai to 16 categories, and set up 7 Hong Kong and Macao tax offices. Hengqin expanded the employment field of Macao residents, and more than 1000 Macao professionals in architecture, design, tourism, medical care, etc. were qualified for cross-border practice.


In order to strongly support the innovation and entrepreneurship of Hong Kong and Macao youth, Nansha has built 11 Hong Kong and Macao youth innovation bases, nearly 3000 enterprises have settled in Hong Kong and Macao, and the total investment is 117 billion dollars. Qianhai built a Shenzhen Hong Kong youth dream workshop and incubated 335 Hong Kong teams. Hengqin has set up 5 Hong Kong and Macao youth innovation and entrepreneurship bases and incubated 562 Hong Kong and Macao projects.


Accelerate the construction of modern industrial system


In Guangdong Pilot Free Trade Zone, the construction of modern industrial system has been accelerated.


Nansha's strategic emerging industries are developing vigorously. The output value of the automobile industry cluster has exceeded 100 billion. GAC Toyota's fifth line has been officially put into operation. More than 500 AI and biotechnology innovation enterprises have gathered, and the construction of a national level autonomous driving and intelligent transportation demonstration zone has started.


Qianhai has made great efforts to develop headquarters economy such as finance, science and technology, and logistics. Qianhai Shenzhen Hong Kong International Financial City has settled 199 financial institutions and 76 licensed financial institutions, attracting UBS Group, AXA Group and other international financial institutions.


Hengqin has registered 10000 scientific and technological enterprises, 16 unicorn cultivation enterprises, and Guangdong Guangdong Australia Semiconductor Industry Fund with a total scale of 10 billion yuan has settled in Hengqin, gathering more than 400 integrated circuit enterprises.


Qianhai District: Hong Kong enterprises with registered capital of more than one trillion yuan


Wang Jinxia, member of the Party Working Committee of the Qianhai Cooperation Zone and deputy director of the Qianhai Administrative Bureau, introduced that Qianhai firmly grasped the strategic requirements of "relying on Hong Kong, serving the mainland and facing the world", aimed to create "the most concentrated and elite core engine", continued to enrich and expand the "Qianhai model", made every effort to expand Hong Kong's economic development space, and constantly deepened Shenzhen Hong Kong cooperation.


He introduced that in Qianhai District, the focus was on building a major platform for Shenzhen Hong Kong cooperation. Shenzhen Hong Kong International Legal Affairs Zone, Shenzhen Hong Kong Trade Logistics Town, etc. were put into use. Qianhai Shenzhen Hong Kong International Financial City signed a contract to settle 199 financial institutions, accounting for 30% of Hong Kong's foreign capital.


In 2021, there will be more than 13000 Hong Kong funded enterprises registered in Qianhai Free Trade Zone, with a registered capital of more than 1 trillion yuan.  Among them, there are 2555 registered Hong Kong funded technology enterprises, 7 Hong Kong funded "specialized, special and new" small giants and small and medium-sized enterprises, and a number of high-quality Hong Kong funded technology enterprises, such as graffiti intelligence and brainstorming technology, have taken root in Qianhai. We signed strategic cooperation framework agreements with the University of Hong Kong, the Chinese University of Hong Kong and the Chinese University of Hong Kong (Shenzhen) respectively, accelerated in-depth cooperation in areas such as accelerating the reform and innovation of the scientific and technological development system and mechanism, and jointly promoted the research and development of cutting-edge technologies.


Support and facilitate the development of Hong Kong people. Tailored to build an entrepreneurial platform, Qianhai Shenzhen Hong Kong Youth Dreamworks North Zone was built, Hong Kong youth entrepreneurship space was expanded to 139000 m2, and 335 Hong Kong entrepreneurial teams were incubated. In the 2021 Youth Innovation and Entrepreneurship Competition, there will be 667 entries from Hong Kong, Macao and Taiwan, accounting for about half of the total.


We have unblocked youth employment channels, implemented the youth recruitment plan for Hong Kong and Macao, launched 355 enterprises such as Tencent and released 4104 jobs since last year, and facilitated 245 Hong Kong and Macao youth to sign employment agreements.


Build Qianhai International Talent Port, provide 451 talent services in a one-stop manner, carry out 100 talent activities, and distribute special support funds for Hong Kong and Macao youth, so as to help Hong Kong youth quickly integrate into the Guangdong Hong Kong Macao Greater Bay Area. Since last year, new Hong Kong tax agents and tour guides have been registered for practice, and Hong Kong and Macao professionals have been registered for practice in 16 categories.


 
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