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High-quality Construction of the Pilot Free Trade Zone to Drive a New Pattern in Across-the-Board Opening Up
Updated:2018.08.01

On July 30th, the Seminar for China (Sichuan) Pilot Free Trade Zone Promotion and Formation of a New Pattern in Across-the-Board Opening Up, sponsored by the Organization Department of Sichuan Provincial Party Committee and organized by the Sichuan Provincial Department of Commerce, was launched at the National University of Singapore Suzhou Research Institute. Competent comrades and mainstays of works from relevant provincial departments, relevant agencies (enterprises) of the central government, some key cities, and institutions in the Sichuan Pilot Free Trade Zone, attended the one-week training.

 

This training intends to learn and implement the spirit of the 19th National Congress of the Communist Party of China in great depth, and to carry out the important instructions of General Secretary Xi Jinping for the work of Sichuan, and to see to it that the deployment requirements of the Third Plenary Session of the 11th Provincial Party Committee are enforced comprehensively. During the training, the participants will learn and analyze key topics concerning the export-oriented economic development of Suzhou Industrial Parks, the free trade development of Singapore, business environment fostering, and the promotion of financial innovation and supervision. Mobile classrooms and online interactive teaching with Singapore characteristics will be conducted to learn the advanced experience of Singapore and Suzhou Industrial Parks, further promote the high-quality construction of the Sichuan Pilot Free Trade Zone, and accelerate the formation of a new trend featuring “Four-direction Expansion and Across-the-Board Opening-up”.

 

Since the establishment of the Sichuan Pilot Free Trade Zone, the province has built it as a “leading project” to promote across-the-board development and opening up, and lay a solid foundation for long-term development in accordance with the “Four Areas and One Highland” functional orientation defined by the central government. Sichuan has officially launched the 159 reform and testing tasks assigned by the central government, resulting in more than 200 practical cases. The registered capital of newly established enterprises in the Zone has ranked first in the seven newly unveiled pilot free trade zones. By the end of June, the number of new enterprises has reached 36,200 with a registered capital of RMB 467.6 billion; 418 foreign-invested enterprises have been established, accounting for more than one third of the province total; another 340 financial institutions have settled in there, and the number of newly introduced projects worthy of over one hundred million yuan has amounted to 355.

 
 
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