Abstract: The main tasks and measures of the Pilot Free Trade Zone are to accelerate the transformation of government functions, expand the opening of the investment field, promote the transformation of trade development methods, deepen the opening and innovation of the financial field, and improve the system guarantee in the legal field. Over the past ten years, the Shanghai Pilot Free Trade Zone has insisted on system innovation as the core, with replicability and promotion as the basic requirements, and has given full play to the role of pioneering, demonstrating and leading, and making breakthroughs.
Over the past ten years since the construction of the Shanghai Pilot Free Trade Zone, institutional innovations have been made in the aspects of government governance system, international investment management, trade liberalization and facilitation, financial sector opening and supervision, etc., and a basically mature and finalized system integration system has been established.
On the basis of ten years of development, the Shanghai Pilot Free Trade Zone needs to design a new round of development path with a high starting point and a high goal system: first, it is necessary to accurately locate the benchmarking dimension; second, it is necessary to increase the open economy with the goal of global supply chain control Stress test; the third is to lead the construction of special economic function zones.
In September 2013, the China (Shanghai) Pilot Free Trade Zone was officially put into operation. Over the past ten years, the Shanghai Pilot Free Trade Zone has adhered to institutional innovation as the core, and the basic requirements of replicability and promotion. It has given full play to the role of pioneering, leading by example, and breaking through difficulties, highlighting the role of the city's economic growth pole and engine. The new round of development of the Shanghai Pilot Free Trade Zone should accelerate the promotion of high-level institutional opening, establish a mature institutional system centered on investment and trade liberalization, and lead the construction of a special economic function zone in Pudong.
1. The construction of Shanghai Pilot Free Trade Zone from version 1.0 to version 3.0
The main tasks and measures of the Pilot Free Trade Zone are to accelerate the transformation of government functions, expand the opening of the investment field, promote the transformation of trade development methods, deepen the opening and innovation of the financial field, and improve the institutional guarantees in the legal field. Since 2013, the Party Central Committee and the State Council have issued three plans for the Shanghai Pilot Free Trade Zone.
1. Shanghai Pilot Free Trade Zone Construction Version 1.0
In September 2013, the China (Shanghai) Pilot Free Trade Zone was officially put into operation. The goal set in the "Overall Plan for China (Shanghai) Pilot Free Trade Zone" (hereinafter referred to as "Overall Plan") is to strive to build a free trade experiment with international standards of investment and trade facilitation, free currency exchange, efficient and convenient supervision, and a standardized legal environment. District, to explore new ideas and new ways for my country to expand opening up and deepen reform, and better serve the whole country.
Starting from version 1.0, the Shanghai Pilot Free Trade Zone has always firmly grasped the core of institutional innovation, with the main line of expanding opening-deepening reform-institutional innovation, and promoting construction from three paths:
First, following the reform logic of streamlining administration and delegating power, combining decentralization and management, and optimizing services, build a market access and interim and ex-post supervision system with clear powers and responsibilities, fairness and justice, transparency and efficiency, and take the lead in experimenting with government functions from focusing on prior approval to focusing on events. Supervise changes in post-interim events and promote the modernization of the governance system.
Second, take the initiative to connect with the high-standard rules of international trade and investment , and form a management system that is in line with international standards and adapts to the orderly and free flow of international and domestic factors in accordance with the task requirements of expanding the opening of the investment field, promoting the transformation of trade development methods, and deepening the opening and innovation of the financial sector. regulatory model.
Third, with the goal of improving legal protection and optimizing the legal environment , we will promote the construction of an international, market-oriented, and law-based business environment in accordance with the principle of coordination between the rules of conduct and the regulatory system.
The practice of version 1.0 of the Shanghai Pilot Free Trade Zone shows that the Pilot Free Trade Zone is a highland for institutional innovation, and institutional innovation must be replicated and promoted, exploring new ways for comprehensively deepening reform and expanding opening up. The "Overall Plan" clearly stipulates that the Shanghai Pilot Free Trade Zone should evaluate the effect of the pilot implementation in a timely manner, form reform experience that can be replicated and promoted, and better play the positive role of demonstration and leadership and serving the whole country. On December 21, 2014, the State Council issued the "Notice on Promoting Reproducible Reform Pilot Experience in China (Shanghai) Pilot Free Trade Zone", and the replicable reform pilot experience in Shanghai Pilot Free Trade Zone was promoted nationwide.
