The Jiangsu Free Trade Zone has achieved remarkable results in areas such as business environment optimization, major project construction and customs supervision and service innovation so that it has become a new field of innovation and development in the province and the country.
The Jiangsu Free Trade Zone, divided into three sub-zones in Nanjing, Suzhou and Lianyungang, was unveiled 100 days ago with the approval from the State Council.
The free trade zone is featured with reform-oriented innovation and innovation-powered development.
In the Lianyungang sub-zone, the "classified supervision of warehoused goods by status" system can enhance the logistics and distribution functions in the special customs supervision area, and also make it easier for enterprises to connect the international and domestic markets.
Guo Yin, Manager of Customer Service Department, Jiangsu Jinda Bonded Storage Co., Ltd.
We have witnessed a significant growth
in the number of customers
compared with the period before
the free trade zone was approved.
In the past three months or so
we registered about 100,000 tons
of volume in and out of the zone
and the value of the goods
in and out of the zone
was about 300 million yuan
The Nanjing sub-zone has come up with more than 50 innovation cases in finance, taxation, business facilitation, and talent supply. Three of the six innovation cases reported by the Provincial Department of Commerce to the Ministry of Commerce were contributed by the Nanjing sub-zone. They include a new model of "regional environmental assessment" reform and "credit + commitment" green direct approval.
Xie Fei, Director of Investment Project Examination Office, Nanjing Jiangbei New Area
We have cut back on the time spent
on examination and approval
from eight or nine months in the past
to only about 20 working days
in terms of the issues such as
regional assessment reform
periodical reporting, credit commitment system
in particular the reform of the latter
The Suzhou sub-zone has issued 16 policy documents to promote foreign investment and open up the introduction of foreign talents, and set up a service industry development guidance fund of 3 billion yuan for the next three years.
Ding Lixin, deputy CPC secretary of Suzhou Industrial Park Administration
In the process of formulating the plan
we have focused on China-Singapore cooperation
industrial upgrading, and open innovation
in a bid to exert every effort
to build a new height of reform
and opening up in the new era
In the past 100 days, the free trade zone in Jiangsu registered 5942 new enterprises, an increase of more than 45% year-on-year. More than 500 industrial projects have been contacted in key areas such as integrated circuits, life health, and artificial intelligence.
Rolf Stangl, CEO of SIG Combibloc
The innovation environment here
including the advantages of talents
has made us confident in future development
so that we are willing to increase investment
to develop more advanced technologies
and introduce more sophisticated equipment
The Jiangsu Free Trade Zone covers 119.97 square kilometers in Nanjing, Suzhou and Lianyungang, including 39.55 square kilometers in Nanjing, 60.15 square kilometers in Suzhou, and 20.27 square kilometers in Lianyungang. Each of the three sub-zones has its own advantages and will also have its own strengths.
Nanjing Jiangbei New Area will focus on building an independent innovation pilot zone with international influence, a modern industrial demonstration zone and an important platform for reform and opening up.
Suzhou Industrial Park will focus on making new breakthroughs in open innovation and integration, and create four highlands including all-round open, international innovation, high-end industries and modern governance.
Lianyungang will focus on building an important international transportation hub for Asia and Europe, an open portal to gather high-quality elements, and an important pivot for the construction of the "Belt and Road" meeting point.
(Source:ourjiangsu.com)
