The mainland Ministry of Commerce announced today (23) that the expansion and opening up of the service industry added Tianjin, Shanghai, Hainan, Chongqing, four provinces and cities into a comprehensive pilot. Zong Changqing, director of the Foreign Investment Department of the Ministry of Commerce, said at a press conference that Beijing and the four provinces and cities will form a pilot pattern of “1+N” to open up to the outside world on a larger scale, in a wider field and at a deeper level.
Tianjin, Shanghai, Hainan, Chongqing to expand and open up the service industry comprehensive pilot, a total of 203 clear pilot tasks. Zong Changqing said, in the industrial opening, set full competition, limited competition, natural monopoly areas of competitive business, specific areas of service industry four categories, science and technology, finance, education and other 12 types of key service industries were included, classification policy, proposed 111 pilot tasks.
Among them, the opening up of foreign investment in support of the establishment of wholly foreign-owned finance companies, the relaxation of foreign donations to host non-profit private non-enterprise units of elderly institutions access, allowing foreign-invested travel agencies to operate outbound travel business (except to Taiwan), allowing foreign banks to participate in import and export tax payments and letter of guarantee business.
The policy measures that are equally applicable to domestic and foreign investors include: exploring the abolition of commercial franchising filing, optimizing the approval and management of business performances, deepening the local online game content review pilot, supporting eligible financial institutions to obtain the qualification of foreign exchange settlement business and derivatives trading business, etc.
In terms of regional development, 33 pilot tasks are proposed, such as the joint construction of industrial parks and scientific and technological achievements transformation alliance in Beijing, Tianjin and Hebei, the implementation of the Bohai Sea deep-water port anchorage common share; in Shanghai’s Hongqiao Business District to provide cross-border debt issuance, cross-border mergers and acquisitions services, the layout of 3D printing, big data industry and digital trade in Pudong Software Park; in Chongqing port to build a new western land and sea channel container sharing and allocation system, explore the establishment of China-European Liner pricing negotiation related mechanism, etc.
In the construction of institutional mechanisms, 23 pilot tasks are proposed, such as the trial implementation of cross-border trade in services negative list management model; international trade single window cooperation with countries along the Belt and Road; decentralization of Chinese cruise ships, international passenger ship transport-related business license permit; the full implementation of real estate registration, transactions and tax payment online and offline a window to accept, parallel processing, etc.
In terms of policy and factor protection, 36 pilot tasks are proposed to provide support in terms of funding and data flow movement, talent services, intellectual property protection, etc. Such as exploring allowing qualified foreign personnel to serve as legal representatives of statutory bodies, institutions and state-owned enterprises; piloting a quota management system for foreign talents and exploring the recommendation system for talent introduction model; optimizing the identification program for high-tech enterprises; exploring the construction of Offshore Science and Technology Innovation Center, etc.
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