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On December 23, held in Chengdu, “2017 Free Trade Zone Tianfu Forum”, Huazhong University of Science and Technology Free Trade Zone Research Center Director Chen Bo believes that to promote the formation of a new pattern of full liberalization, the most important key word is “the Belt and Road “And free trade zone.
In April this year, with the listing of seven free trade zones in Liaoning, Zhejiang, Henan, Hubei, Chongqing, Sichuan and Shaanxi, the number of our free trade zones increased to 11.
At present, there are mainly four major reform tasks in the Pilot Free Trade Zone: the foreign investment management system with the negative list management as the core, the regulatory system with the core of government functions as the transitional regulatory system, and the trade supervisory system focusing on trade facilitation. Capital account convertibility and financial services as the goal of opening up the financial system.
According to Chen Bo, under the new pattern, it is especially important to expand foreign trade, cultivate a new form of trade and implement high-level trade and investment facilitation policies. “The main task of our inland free trade port construction is not only to learn the model of replicating and promoting the coastal free trade pilot area, but also to make our own articles based on differentiation,” said Chen Bo.
“Differentiation” is the “breakthrough point.” “To form a successful free trade zone with characteristics, one must take the ‘One Belt and One Road’ as its starting point, form a trade on the Silk Road, and strengthen its trade in services”.
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