Shanghai FTA Listing 1St Anniversary, The State Council Sent 31 Open "Gifts"

On the 28 day, the government of China announced that the State Council recently issued the decision on temporarily adjusting the administrative rules and regulations and the admittance special management measures specified in the departmental rules and regulations approved by the State Council in the pilot area of free trade in China (Shanghai), providing legal protection for the 31 round of opening up measures involving salt industry, high-speed rail and oil.

Xinhua News Agency reported that the Shanghai free trade area has been launched well since September 2013, and its operation has been in an orderly manner. The pilot work has been fully pushed forward, and the effect of reform has initially appeared, which has aroused positive reactions both at home and abroad.

In June 28, 2014, the State Council approved the 31 measures proposed by the Ministry of Commerce and the Shanghai Municipal People's government to further expand the opening area in China (Shanghai) free trade pilot area.

In order to perfect the legal system guarantee and meet the needs of further opening up, the State Council has decided to temporarily adjust the relevant administrative laws and regulations involved in the opening up measures and special administrative measures stipulated by the State Council's approved departmental rules and regulations in the pilot area.

The relevant regulations on the temporary adjustment and implementation of the Shanghai free trade zone include the special management measures for foreign investment, including the People's Republic of China international maritime regulations, the People's Republic of China certification and accreditation Ordinance, the salt industry management Ordinance, the foreign investment industry guidance catalogue, the automobile industry development policy and the regulations on foreign investment in civil aviation industry.

In these opening measures, the opening up of the service industry has highlighted the leading industries such as shipping and trade, and has highlighted research and development in the expansion of the manufacturing and mining industries. The opening up of the construction industry reflects the opening of infrastructure to foreign investment.

Among them, the salt industry, high-speed rail, crude oil and other fields of open attention.

Zhu Min, deputy director of the Free Trade Area Management Committee, said in a press interview that the FTA allowed foreign businessmen to engage in wholesale sale of salt in the form of sole proprietorship, which has great historical significance. "Salt is monopolized from the spring and Autumn period.

It should be noted that foreign businessmen can engage in wholesale salt, and can not engage in salt monopoly, so they can buy salt from salt companies. "

For the opening up of the crude oil sector, an industry insider told reporters that the move symbolized the opening up of the oil market and made further progress. On the one hand, it could ensure energy security and stable supply of oil market, on the other hand, it responded to the call of the national clean energy.

"Developing unconventional energy sources and improving oil refining efficiency is the trend of the times. At present, these core technologies are in the hands of foreign capital, and through policy tilt, we can accelerate technological innovation in the domestic oil market."

However, there is no oil and gas resources in the area of 28.78 square meters of the FTA. The source said that, because the separation of the registered areas and the operating areas of the FTA, it is likely to attract foreign enterprises to set up companies in the area and then engage in these two businesses outside the region.

Allowing foreign investors to invest in some areas such as high-speed rail, oil exploration, salt industry, air pportation and sales agents in the form of sole proprietorship, and launch more open measures in the field of ship shipping, and release foreign qualification in the field of certification and accreditation. These measures indicate that the new policy in the free trade area has been further opened from the original "put aside" to "how to put it", which marks the deepening of the open policy of the free trade area.

Bai Ming, deputy director of the International Market Research Institute of the international trade and Economic Cooperation Institute of the Ministry of Commerce, told Xinhua that there were 27 more open and operable contents of the new regulation, which not only correspond to the actual demands of foreign investors, but also reflect the refinement of the FTA policy.

Bai Ming pointed out that the new policies and measures in the free trade area are no longer a simple relationship between "letting go and letting go". They also rely not only on the "negative list" alone, but on further opening up areas that already have a certain degree of openness.

"For example, the change in the proportion of foreign ownership in Sino foreign joint ventures operating international shipping and international shipping agency is a good commentary."