Quick Facts at the Launch
●80 measures in 7 areasSupport the Shanghai Pilot Free Trade Zone to take the initiative to fully align with international high-standard economic and trade rules, and promote high-level institutional opening-up.
● Promote the Shanghai Free Trade ZoneFinance, telecommunications and other key areasHigh level of openness. Support multinational companies to set up fund management centers.
● Support the expansion of the Shanghai Free Trade ZoneDigital financial servicesApplication scenarios in international economic and trade exchanges. The main thing is to strengthen cutting-edge technology inElectronic payment, cross-border asset managementand other fields.
● Support the Shanghai Pilot Free Trade ZoneTake the lead in developing a catalog of important datato explore the establishment of legal, safe and convenient onesMechanism for cross-border data flows。
●At present, the overall import customs clearance time of Shanghai portIt has been less than 48 hours, has been realized in the normal case of low-value class express shipmentsRelease within 6 hours。
Recently, the State Council issued itOverall Plan for Promoting High-level Institutional Opening-up in the China (Shanghai) Pilot Free Trade Zone in Connection with International High-standard Economic and Trade Rules(hereinafter referred to as the "Overall Plan"). On December 8, the Information Office of the State Council held a regular briefing on the policies of the State Council, at which the relevant persons in charge of the Ministry of Commerce, the Shanghai Municipal Government and the General Administration of Customs introduced the relevant situation of promoting the Shanghai Pilot Free Trade Zone to fully align with international high-standard economic and trade rules. Let's take a look -
The overall plan focuses on 7 aspects and proposes 80 measures
Commerce:
The overall plan is focused7 aspectsput forth80 measuresWe will take the initiative to fully align with high-standard rules, further increase stress testing, deepen reforms in relevant domestic fields, and promote high-level institutional opening-up.
First, we should speed up the expansion and opening up of trade in services. nudgeFinance, telecommunications and other key areas高水平开放to enhance the facilitation of cross-border investment and financing,Support multinational companies to set up fund management centersto improve the quality of telecommunications services and lead the institutional opening up of the service industry.
The second isImprove the level of liberalization and facilitation of trade in goods。 Optimize and improve the import management of specific goods such as imported repair goods, commercial cryptographic products, and medical devices, and pilot facilitation measures such as simplifying domestic quarantine procedures and expanding the subject of advance ruling applications, and strive to build a scientific, convenient, and efficient management model.
The third isTake the lead in implementing high-standard digital trade rules。支持上海自贸试验区Take the lead in developing a catalog of important datato explore the establishment of legal, safe and convenient onesMechanism for cross-border data flows,加快数字技术赋能,推动电子票据应用,推进数据开放共享,构筑数字贸易发展新优势。
Fourth, strengthen the protection of intellectual property rights.Strengthen the protection of trademarks, patents, geographical indications, etcto further strengthen administrative supervision and judicial protection, and comprehensively enhance the capacity for intellectual property protection.
Fifth, yesPromote reform in the field of government procurement。 In line with international rules, we will further optimize procurement procedures, improve procurement management, strengthen procurement supervision, and build a standardized, transparent, scientific and rigorous government procurement management system.
Sixth, promote the reform of the relevant "post-border" management system. Deepen the reform of state-owned enterprises, strengthen the protection of workers' rights and interests, support international cooperation in the field of green and low-carbon, and encourage the import and export of environmental products and servicesA fair, transparent and predictable environment for development。
Seven isStrengthen the construction of risk prevention and control systems。 Improve regulatory rules, innovate regulatory methods, improve a regulatory system with clear rights and responsibilities, fairness and justice, openness and transparency, simplicity and efficiency, and promote whole-process supervision.
What are the characteristics of the financial initiatives in the Master Plan?
Shanghai:
一是拓宽Digital financial services在国际经贸往来中的应用场景。The main thing is to strengthen cutting-edge technology inElectronic payment, cross-border asset managementand other fields, and explore the application scenarios of digital yuan in the field of trade. Strengthen the realization of the value of financial data elements, carry out cross-border flow of financial data under the national data transmission security management framework, and facilitate the group-based collaborative operation of domestic and foreign financial institutions in Shanghai.
The second is to help business entities improve their ability to coordinate the allocation of domestic and foreign funds.By optimizing the centralized operation and management policies of cross-border funds of multinational companies and improving the functions of the free trade account system, the cross-border investment and financing services of Shanghai's headquarters economy will be further optimized. Support financial institutions to further benchmark against international practices, under the guidance of financial regulatory authoritiesExplore relaxing restrictions on M&A loans for non-residentsto provide more competitive financial services for all kinds of entities to carry out "going out" and "bringing in" business.
The third is to improve the service level of Shanghai's financial market and products for the international market.The main purpose is to build a reinsurance international board and realize China's reinsurance marketTransformation and upgrading from "one-way opening" to "two-way opening".Increase the supply of cross-border financial products and services, enrich the variety of RMB-denominated cross-border asset transfers, and carry out international commercial factoring business, so as to better meet the diversified needs of different types of enterprises for financial services in the international market business activities.
What are the arrangements in the Overall Programme for the liberalization and facilitation of trade in goods?
Customs:
The first is to focus on promoting the construction of a trade facilitation system that is in line with international rules.For example, in the "Overall Plan", it is clarified that for transit goods that are shipped overseas, reloaded, split and consolidated through the Yangshan Special Comprehensive Bonded Zone, and then transported to other countries or regions, unless otherwise provided by laws and regulations,No inspection is performed。 Another example is the specific category of imported goods that meet the requirements of quarantine treatment abroadSimplify quarantine measures in the country。 The continuous optimization of these regulatory measures will help improve the efficiency of customs clearance at ports, reduce customs clearance costs, and further improve the level of liberalization and facilitation of trade in goods.
The second is to strive to create a market-oriented, law-based, and international first-class port business environment.For example, the "Overall Plan" clearly states that for goods imported into the Shanghai Pilot Free Trade Zone,Foreign exporters or producers are allowed to apply for advance rulings from Customs through their agents in the zoneIt expands the scope of subjects applying for advance rulings and further enhances the predictability of enterprises' import and export trade activities. Another example is the protection of intellectual property rights, the customs is ex officio for the import and export of suspected infringing and counterfeit goodsBorder measures activated。 This measure further expands the scope of customs protection of intellectual property rights, further improves the customs protection system of intellectual property rights, and will better protect the legitimate rights and interests of domestic and foreign intellectual property rights holders.
In terms of promoting the development of China's digital trade, what are the specific measures of the Overall Plan?
Commerce:
The first is to promote the orderly flow of data across borders.Support the Shanghai Pilot Free Trade Zone in accordance with the data classification and hierarchical protection system,Take the lead in developing a catalog of important data,指导数据处理者开展数据出境风险自评估to explore the establishment of legal, safe and convenient onesMechanism for cross-border data flows。Implement a data security management certification systemto guide enterprises to improve their data security management capabilities and levels through certification.
The second is to promote the innovation and application of digital technology.Supporting the Shanghai Pilot Free Trade Zone in referring to the United Nations Commission on International Trade Law on Electronic Transferable Records,Promote the application of electronic bills of lading, electronic warehouse receipts and other electronic bills。 Carry out pilot projects on mutual recognition of digital identities, and study and improve the digital identity authentication system that is in line with international standards. Support the trusted, safe and responsible use of AI technologies, research and establishmentArtificial intelligence technologyethical and governance framework.
The third is to promote the open sharing of data resources. Establish and improve data sharing mechanismsto support enterprises in sharing data in accordance with laws and regulations, and promote the innovative application of big data. Support the exploration and development of data transaction services, and create an innovative platform for the circulation of data elements,Formulate standards and rules for data and software asset registration vouchers。 Pilot the expansion of the scope of government data openness, and encourage the development of dataset-based products and services.
Fourth, strengthen exchanges and cooperation in digital trade.Support the Shanghai Pilot Free Trade Zone to hold a dialogue on digital SMEs,Build a platform for small and medium-sized enterprises to participate in the information exchange of the digital economy。 Improve the regulatory system for the normalization of fair competition in the digital economy, and promote the international exchange of information and experience on competition policy.
How to implement reform measures in the areas of trade in goods, trade in services and digital trade?
Shanghai:
The first is to further deepen reform and innovation, and continue to optimize the whole chain and process of customs clearance.The customs clearance facilitation measures proposed in the Overall Plan will help us optimize the functional layout of international transit consolidation, build a full-link and full-process operation time monitoring system, strengthen cross-departmental coordination, and further reduce the overall customs clearance time of ports. It should be added here that目前上海口岸的进口整体通关时间It has been less than 48 hours, has been realized in the normal case of low-value class express shipmentsRelease within 6 hours。
The second is to further build smart ports and improve the level of digitalization of cross-border trade.It is clearly stated in the overall planSupport the construction of a cross-border data exchange system for Shanghai's international trade "single window".This will help us rely on the "single window" of Shanghai international trade to build a set of big data, artificial intelligence, blockchain and other new technologies as the basisSmart port big data base and "one-stop" trade digital public service platformto improve the digitalization and intelligence of cross-border trade.
The third is to further optimize the service for enterprises and continuously improve the overall service environment of trade. There are more than 50,000 import and export enterprises in ShanghaiThe overall plan proposes measures to promote cooperation and digital development of small and medium-sized enterprises, which will help us strengthen the communication and service between government departments and trading enterprises, especially small and medium-sized enterprises, and further enhance the sense of gain and satisfaction of trading enterprises.