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Shanghai Pilot Free Trade Zone Pilot Review November 2009
The Shanghai Comprehensive Bonded Zone was established to centrally manage the Yangshan Bonded Port Area, which was opened in December 2005, the Waigaoqiao Free Trade Zone, the first closed operation in June 1990, and the Pudong Airport Comprehensive Bonded Zone, which was established in September 2010.
year 2011
Shanghai submitted an application to the relevant state administration to establish a free trade zone in the Shanghai Comprehensive Bonded Zone.
The 11th World Free Trade Zone Conference in November was held in Pudong, Shanghai, showing the development of China's special regulatory zones, especially the Shanghai Comprehensive Bonded Zone.
On January 1, 2013, Shanghai first proposed in Shanghai to explore the establishment of a free trade park in line with international practices in Shanghai.
On February 28, Shanghai promulgated the “Three Implementation Policies for Lingang†Shuangte, aiming to explore and implement special systems different from other regions in order to mobilize the enthusiasm of regional development and enhance the autonomy of regional development.
At the end of March, Premier Li Keqiang inspected the Waigaoqiao Free Trade Zone during the Shanghai investigation and expressed his encouragement to Shanghai to establish a free trade pilot zone on the basis of the existing comprehensive bonded zone.
On April 18, Deng Fusheng, director of the Shanghai Municipal Commission of Commerce, confirmed to the media that Shanghai is cooperating with relevant state ministries and commissions to formulate the "Overall Plan for the Construction of Shanghai Free Trade Zone."
On May 14th, the Shanghai Free Trade Zone project was approved at the national level.
After the Pudong Free Trade Zone pilot program was discussed and affirmed by the Shanghai Municipal Government in late May, it was reported to the relevant departments of the central government and entered the signing stage.
On July 3, the State Council executive meeting adopted the "China (Shanghai) Pilot Free Trade Zone Overall Plan".
The favorable policy of the Shanghai Free Trade Zone is expected to be positive: the proposed opening of the RMB capital project.
Good second: build an offshore financial center.
Good three: or push 15% corporate income tax concessions.
Good four: Innovation in the regulatory model of the trade sector. The Shanghai Free Trade Zone will implement a new model of innovative supervision services that is “completely liberalized in the first line, safe and efficient in second-line management, and free movement of goods in the regionâ€. This is the main difference from the Shanghai Comprehensive Bonded Zone.
Good five: Explore the establishment of a negative list management model, a national treatment attempt before admission.
China Shanghai Free Trade Zone will be officially listed on the 29th
Judging from the current time schedule, the China (Shanghai) Pilot Free Trade Zone will be listed on September 29. On the same day, the Shanghai Municipal Government will hold a press conference to announce the first batch of reform policies and regulations of the Shanghai Free Trade Zone. It is understood that there will be 98 policy pilots in the overall rules of the Shanghai Free Trade Zone. The first batch of 55 items will be announced when the Free Trade Zone is listed, and the remaining 43 items will be released before the end of the year. The first batch of rules revolves around the overseas investment management system, which involves institutional innovation, expansion of openness, functional expansion and policy support. The Shanghai government website information shows that in order to temporarily adjust the laws and administrative regulations of the country in the China (Shanghai) Pilot Free Trade Zone, maintain the country's legal system and promote the construction of the China (Shanghai) Free Trade Zone, the Shanghai Municipal People's Congress Standing Committee A decision was made to temporarily adjust and implement the relevant provisions of the local regulations of this Municipality in the China (Shanghai) Pilot Free Trade Zone. The Standing Committee of the Municipal People's Congress held a meeting of the directors on September 23, and the meeting heard the explanation of the decision (draft) on the temporary adjustment and implementation of the relevant provisions of the local laws and regulations in the China (Shanghai) Pilot Free Trade Zone. The eighth meeting of the Standing Committee of the 14th National People's Congress was held on the 26th and the relevant draft decisions will be reviewed. The China (Shanghai) Pilot Free Trade Zone covers four areas directly under the supervision of Waigaoqiao Free Trade Zone, Waigaoqiao Bonded Logistics Park, Yangshan Bonded Port Area and Pudong Airport Comprehensive Bonded Zone. As the listing date approaches, the signposts of the Free Trade Zone have already appeared in some of the main traffic routes in Pudong, Shanghai. On the original site of the No. 2 Gate of Waigaoqiao Free Trade Zone, the “China (Shanghai) Pilot Free Trade Zone†brand has been established.