24 policies to support the free trade zone of Hubei Province have been issued! Which industries are named

category:Finance
 24 policies to support the free trade zone of Hubei Province have been issued! Which industries are named


In fact, Hubei pilot free trade zone is not a newly established free trade zone. According to public information, the pilot area was officially listed in April 2017.

Wang Jianhui, director of Capital Securities Research Institute, told Beijing news that since the opening of Hubei Free Trade Zone in 2017, the progress has actually been relatively slow, and the epidemic has delayed the construction of the free trade zone. At this time, the relevant departments issue support policies to achieve two goals with one stone. On the one hand, it can help Hubeis economy through difficulties, on the other hand, it can also make the construction of free trade zone become more advanced from the previous backward state. In general, this policy shows the central governments ardent expectation and strong support for the economic recovery of Hubei Province.

So, which cities in Hubei will benefit from the notice? Which industries are supported?

Benefits of Wuhan, Xiangyang and Yichang

From a regional perspective, Wuhan, Xiangyang, Yichang and other important cities in Hubei have been mentioned repeatedly. For example, the notice states that it will support Wuhan area and Xiangyang area to actively carry out supply chain innovation and application pilot, and improve the supply chain system of new generation information technology, high-end equipment manufacturing, new energy vehicles and other strategic emerging industries.

At the same time, we will support Xiangyang and Yichang to take the free trade zone as the core, give full play to the institutional advantages and opening-up advantages of the free trade zone, vigorously undertake the outsourcing business of information technology, biomedical research and development, management consulting, engineering design and other services, and actively create a Chinese service outsourcing demonstration city.

Especially for the capital of Hubei Province and Wuhan, the disaster area of the epidemic, the circular has more support. It is clear that it will support Wuhan to take the free trade area as the core, further deepen the pilot of service trade innovation and development, and take the lead in improving the management system, expanding the opening up, improving the promotion mechanism and innovation policy system, so as to create a highland for service trade development u3002

Wang Jianhui said that in the strategic direction, he pointed out that taking Wuhan as the center, combining with the existing better information technology and favorable geographical location, Hubei will promote it to become a trade and logistics hub in the central region, and in the future, it will also become a service trade center, strengthen the economy of the upper and lower reaches of the Yangtze River, and promote the revitalization and accelerated development of the Yangtze River economic belt, which is also the long time for the central government to issue this policy Think far.

Clearly support biomedical R & D, digital commerce and other industries

In terms of industries supported by policies, in addition to the industries mentioned above, such as information technology, high-end equipment manufacturing, biomedical research and development, which are also very popular in the current market, cross-border e-commerce, digital commerce and other industries are also highlighted.

For example, according to the notice, the pilot free trade zone will play a leading role in innovation, support the construction of Wuhan cross-border e-commerce comprehensive pilot zone, actively cultivate new modes of trade such as cross-border e-commerce, and support Wuhan, Xiangyang and Yichang to carry out cross-border e-commerce retail import pilot. In addition, the notice also made it clear that it will guide Hubei free trade zone to vigorously promote the development of new digital business model and new business mode, explore the establishment of reverse customization (c2m) industrial base, encourage the deep integration of advanced manufacturing industry and modern service industry, and assist the digital transformation of small and medium-sized enterprises. In this regard, Wang Jianhui believes that the e-commerce and data economy supported by the policy are the most important and potentially profitable parts in the future opening-up or new economic development. In particular, cross-border e-commerce retail business is selected to be put in Wuhan and some surrounding areas, so that it can play a role in promoting rapid economic restart in the short term, and also lead the economic development trend in the long term. Source: Chen Hequn, editor in charge of Beijing News_ NB12679

For example, according to the notice, the pilot free trade zone will play a leading role in innovation, support the construction of Wuhan cross-border e-commerce comprehensive pilot zone, actively cultivate new modes of trade such as cross-border e-commerce, and support Wuhan, Xiangyang and Yichang to carry out cross-border e-commerce retail import pilot.

In addition, the notice also made it clear that it will guide Hubei free trade zone to vigorously promote the development of new digital business model and new business mode, explore the establishment of reverse customization (c2m) industrial base, encourage the deep integration of advanced manufacturing industry and modern service industry, and assist the digital transformation of small and medium-sized enterprises.

In this regard, Wang Jianhui believes that the e-commerce and data economy supported by the policy are the most important and potentially profitable parts in the future opening-up or new economic development. In particular, cross-border e-commerce retail business is selected to be put in Wuhan and some surrounding areas, so that it can play a role in promoting rapid economic restart in the short term, and also lead the economic development trend in the long term.