The third batch of free trade zone pilots or the recent launch of the Henan program has been determined

October 27, 2023

Abstract Insiders said that the second batch of free trade zone pilots have screened 21 reform experiences and 8 innovative practice cases, which were reported to the State Council by relevant departments and are expected to be approved in the near future and will be promoted to suitable areas across the country. In order to speed up the promotion of these experiences, it is expected to launch the third batch of...
According to industry insiders, the second batch of free trade zone pilots have screened 21 reform experiences and 8 innovative practice cases, which were reported to the State Council by relevant departments and are expected to be approved in the near future and will be promoted to suitable areas across the country. In order to speed up the promotion of these experiences, it is expected to launch the third batch of free trade pilot zones in the near future, so as to increase internal and external opening up and promote economic growth during the 13th Five-Year Plan period.

The "Opinions on Accelerating the Implementation of the Free Trade Area Strategy" issued by the State Council recently require that the pilot of the free trade pilot zone be further deepened, and the difficulties and focus issues in the negotiation of the free trade zone will be common in the free trade pilot zone such as Shanghai. Try first and try to explore the best open mode by conducting stress tests in local areas, accumulating experience in preventing and controlling risks.

The “13th Five-Year Plan” proposed by the provinces, districts and cities recently showed that Zhejiang, Heilongjiang, Sichuan, Shaanxi, Guizhou, Gansu, Guangxi, Hainan and other places have proposed to actively establish a free trade experimental park or a free trade experimental port. Suggest. For example, Sichuan Province proposed that during the “Thirteenth Five-Year Plan” period, China (Chengdu) inland free trade pilot zone should be actively created. Shandong Province proposed to accumulate experience and lay the foundation for the establishment of the Shandong Free Trade Zone. Although the drafts of the 13th Five-Year Plan for Jiangsu and Chongqing did not mention the construction of the Pilot Free Trade Zone, some media reported that the two free trade zones have been formed and reported. Many local free trade zone programs, including Henan, Shaanxi, and Sichuan, have been basically confirmed, and are currently waiting for approval.

Analysts believe that the new batch of free trade pilot zone pilots are expected to be produced along the “Belt and Road”. As proposed in the “Opinions”, the free trade zone along the “Belt and Road” initiative will be actively promoted, and the free construction of countries along the “Belt and Road” will be established. The trade zone has formed a "one belt, one road" big market, and has made the "Belt and Road" a smooth road, a trade road, and an open road.

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