Reproduction and Promotion of the Pilot Experiences of FTA Accelerated the Reduction of the Negative List by more than 80percent in 6 years

category:Finance
 Reproduction and Promotion of the Pilot Experiences of FTA Accelerated the Reduction of the Negative List by more than 80percent in 6 years


The reporter of Securities Daily combed the project of Free Trade Pilot Area Column on the website of the Ministry of Commerce, and found that the State Council and other relevant departments successively issued five batches of notifications on replication and promotion of reform pilot experience in December 2014, November 2016, July 2017, May 2018 and April 2019.

Since November 2016, the State Council issued the Notice on the Reproduction and Promotion of New Group of Reform Pilot Experiences in Free Trade Pilot Zones, which reproduced and promoted 19 reform items nationwide, as of April this year, the cumulative experience of the reform pilot zones reproduced and popularized nationwide has gradually accumulated to 123 items. 153 items and 171 items. On July 23, the Ministry of Commerce held a press conference on the replication and promotion of institutional innovations in free trade zones. The data showed that 202 institutional innovations had been replicated and promoted in the free trade pilot zones, and showed an acceleration.

According to the reporter of Securities Daily, in order to speed up the formation of a new pattern of expansion and opening up, China will set up six new free trade pilot zones, add a new area of Shanghai free trade pilot zone, speed up the process of exploring the construction of Hainan free trade port, and further form a new pattern of 1+3+7+1+6.

Fu Yifu, a senior researcher of the Suning Institute of Finance, said in an interview with the Journal of Securities that since its inception, FTA has been regarded as a testing ground for institutional innovation, focusing on exploring and trying institutional innovation. Through the practice of FTA, a group of replicable and extendable experiences can be created for other regions. Provide demonstration effect.

Continuous optimization of business environment

After sorting out the process of reducing the negative list of FTA, the journalist of Securities Daily found that the first negative list of FTA came from Shanghai FTA, which was launched in September 2013 and had 190 items at the beginning of its establishment. At that time, it was only an independent exploration of Shanghai FTA. In 2014, the adjustment was reduced to 139. In 2015, when the FTA was expanded to 122, it expanded to four FTAs: Shanghai, Guangdong, Tianjin and Fujian. The negative list of FTAs in the 2017 edition was reduced to 95 items, covering 11 FTAs at that time. The 2018 edition was reduced to 45 items. In 2019, the revision further reduced the length of the negative list, introduced a number of new opening measures, and reduced the number of negative list entries of FDI access in the FTA pilot area to 37, with a total reduction of more than 80% in six years.

Today, it is a well-known and well-known national institutional arrangement that has promoted the historic transformation of foreign investment access from examination and approval to filing. It has achieved significant changes in the foreign investment management system over the past 40 years of reform and opening-up, created a fairer, more stable and transparent institutional environment for foreign investors to invest in China, and has been written into a new one. The promulgated Foreign Investment Law has become an effective reform and innovation practice, a booster for transforming government functions and optimizing business environment, a new grasp of reform and a new carrier for opening up. Yuan Yuan said.