The overall plan of China (Beijing) Pilot Free Trade Zone is clear. The implementation scope of the Pilot Free Trade Zone is 1 19.68 square kilometers, covering three areas: Science and Technology Innovation Zone 310.85 square kilometers, International Business Service Zone 48.34 square kilometers (including Beijing Tianzhu Comprehensive Bonded Zone 5.466 square kilometers) and High-end Industrial Zone 39.49 square kilometers.
In terms of policy measures, Beijing Free Trade Zone will support the establishment of private banks that focus on supporting the development of cultural and creative industries, and explore more cross-border financial options for Zhongguancun technology enterprises; Support digital currency Research Institute of China People's Bank to set up a financial science and technology center, and build a legal digital currency experimental zone and a digital financial system.
The plan also pointed out that it is necessary to explore the construction of a safe and convenient dedicated channel for Internet data, formulate rules in key areas such as information technology security, data privacy protection, and cross-border data flow, and explore the construction of an international information industry and a digital trading port; Encourage moderate competition and improve the relevant policies of duty-free shops; Encourage the return of overseas cultural relics, actively study and adjust the current import tax policy, and give further support; Promote the joint development of Beijing Capital International Airport and Beijing Daxing International Airport to build a world-class aviation hub.
Since the service trade fair, Beijing has successively introduced a number of heavy measures to expand opening up, and with the blessing of Beijing Free Trade Zone, what opportunities will Beijing usher in? What specific benefits will the above policies and measures bring to Beijing? Where are these three new areas likely to be located? The reporter from 2 1 will take you through the overall plan one by one.
Where are the three major implementation areas?
The implementation scope of the Pilot Free Trade Zone is 1 19.68 square kilometers, covering three areas: Science and Technology Innovation Zone 310.85 square kilometers, International Business Service Zone 48.34 square kilometers (including Beijing Tianzhu Comprehensive Bonded Zone 5.466 square kilometers) and High-end Industrial Zone 39.49 square kilometers.
The development and utilization of the Pilot Free Trade Zone must comply with the relevant laws and regulations on land use, ecological environment protection and planning, the national spatial planning, and the relevant requirements for saving and intensive land use.
In terms of functional zoning, the Science and Technology Innovation Zone focuses on the development of a new generation of information technology, biological health, science and technology services and other industries, and builds a digital economy experimental zone, a global venture capital center, and a pioneering demonstration zone for science and technology system reform; The international business service area will focus on the development of digital trade, cultural trade, business exhibitions, medical and health care, international delivery logistics, cross-border finance and other industries, and build a demonstration zone for airport economic innovation; The high-end industrial zone will focus on the development of business services, international finance, cultural creativity, biotechnology and big health industries, and build a place for the transformation of scientific and technological achievements, a strategic emerging industry cluster and an international high-end functional institution cluster.
Interpretation: Different from other free trade zones, the three major areas of Beijing Free Trade Zone are not clearly located, but we can get a glimpse from the functional orientation and the recently established Beijing Digital Trade Experimental Zone.
For example, the Beijing Digital Trade Pilot Zone will be based on three major regions: Zhongguancun Software Park National Digital Service Export Base, Chaoyang Jinzhan International Cooperation Service Zone and Daxing Airport Zone in the Free Trade Zone.
Li Jun, director of the Institute of International Trade in Services of the Research Institute of the Ministry of Commerce, told the reporter of 2 1 Century Business Herald that Beijing chose the above three places as its foothold because they have their own advantages. Among them, Zhongguancun software information service industry is developed and enterprise concentration is high; Chaoyang Jinzhan area is close to the embassy district, and there is great potential for foreign-related service trade cooperation. The Daxing area of the Free Trade Zone is close to the airport, which is convenient for cross-border e-commerce and other formats. He believes that the three areas of the Digital Trade Pilot Zone are all independently explored by Beijing, while the free trade zone is authorized by the State Council, but the former may overlap with the latter in content.
2 1 It is predicted that the technological innovation zone of FTZ may be concentrated in Zhongguancun area. As one of the first national digital service export bases, Zhongguancun Software Park has gathered 726 domestic and foreign high-tech enterprises such as Netease and Baidu.
International business service areas can be concentrated in the Capital International Airport, Tianzhu Comprehensive Bonded Zone and Jinzhan International Cooperation Service Area near the Capital Airport and the Fourth Embassy District. Zhu Sheng, deputy head of Chaoyang District, Beijing, said recently that it will focus on service trade and digital trade, build a special supervision area and form a new highland for opening to the outside world. Jinzhan District, where Beijing's Fourth Embassy District is located, will become the second "Sanlitun" in the future, and Jinzhan International Cooperation Service Area will build a tax refund in the future. It will also introduce high-level international schools, establish a more perfect international education system, and have more complete languages.
High-end industrial zones may be concentrated in Daxing Airport and Yizhuang in Cheng Nan. For example, recently, the relevant person in charge of Daxing Airport Free Trade Zone made it clear that in the future, it will build an innovative global digital trade demonstration port and China digital trade leading base, develop digital services and digital trade such as cross-border electronic commerce, digital medical care and smart logistics, and participate in the construction of a global cross-border electronic commerce rule system in the fields of cross-border financial services, electronic authentication and online consumer rights protection.
Establish private banks that focus on supporting cultural and creative industries.
The plan points out that the financial sector will be further opened. Piloting the integration of local and foreign currencies. Allow banks in the region to issue overseas RMB loans for RMB bank settlement accounts (NRA accounts) of overseas institutions, study and promote the integration of domestic securities investment channels of foreign institutional investors, and study and promote foreign investors to handle domestic securities investment matters with one NRA account. Allow more foreign banks to obtain the qualification of securities investment fund custody. Support the establishment of private banks that focus on supporting the development of cultural and creative industries. Encourage qualified Chinese banks to carry out cross-border financial services and support the demand for cross-border financial services with real trade background. Promote the facilitation of cross-border RMB business and foreign exchange business in key industries. Explore giving Zhongguancun science and technology innovation enterprises more cross-border financial options, independently decide the way, amount and timing of cross-border financing under the macro-prudential framework, innovate the management methods of foreign debts of enterprises, and gradually realize the full convertibility of foreign debts of non-financial enterprises in Zhongguancun National Independent Innovation Demonstration Zone. Support the establishment of domestic and foreign private placement parallel funds through marketization according to law. Facilitate qualified private equity and asset management institutions to conduct overseas investment. Support multinational companies to set up qualified investment companies in China and set up financial companies according to law. We will carry out a pilot project of one-time registration of foreign debts of enterprises in the region, and will no longer register one by one.
Interpretation: In recent years, the financing of domestic cultural and creative industries has continued to decline, and the lack of money and financing difficulties have become the norm of cultural and creative industries. According to the investment data of CVSource, the number of financing transactions in the cultural media industry in 20 18 was 6 16, which was 16% lower than that in 20 19, and the downward trend continued in 2019.
Behind the "cold winter" of investment in cultural and creative industries, there are also signs that venture capital is accelerating to concentrate on the unicorn of the industry. Internet movies, short videos, knowledge payment, secondary animation, education, sports and other pan-entertainment industries have attracted much attention from the investment community. The establishment of private banks to support the development of cultural and creative industries is undoubtedly a new and important measure to increase the development of cultural and creative industries from the financial field.
In 20 19, as a national cultural center, the income of cultural industries above designated size in Beijing was nearly10.3 trillion yuan, and the added value of industries accounted for nearly 10% of Beijing's GDP, ranking first in the country. On the whole, the added value of Beijing's cultural and creative industries reached 357.05 billion yuan in 20 16, accounting for 14.3% of the city's GDP. In recent years, Beijing has issued 83 cultural and economic policies, which has built institutional support for the high-quality development of cultural industries.
At the recent service trade fair, Beijing issued "Policy 18" ("Several Measures on Accelerating the High-quality Development of the Core Area of the National Cultural Industry Innovation Experimental Zone") to promote the landing of the physical projects of the National Cultural and Creative Experimental Zone, promote the construction of the CBD Cultural Center and the International Cultural Center of the National Cultural and Creative Experimental Zone, and create new cultural landmarks; Vigorously support social forces to set up libraries, museums, art galleries, cinemas, physical bookstores and public reading spaces; We will implement the "Hundred Cultural Elites" program, introduce and identify 100 "cultural elites" every year for five consecutive years, and provide support and guarantee in key areas such as entrepreneurship, housing security, medical services and children's education.
Construction of legal digital currency experimental area
The plan points out that financial technology innovation will be promoted. Focus on payment and settlement, registration and custody, credit rating, asset trading, data management and other links, support the landing of major financial technology projects, and support the improvement of financial infrastructure services through scientific and technological means. Give full play to the role of the pilot mechanism of financial science and technology innovation supervision, and steadily carry out financial science and technology innovation on the premise of serving the real economy, controlling risks and fully protecting the legitimate rights and interests of consumers.
It is worth noting that the plan clearly points out that it supports the digital currency Research Institute of the People's Bank of China to set up a financial science and technology center, build a legal digital currency experimental zone and a digital financial system, and rely on the trade and finance blockchain platform of the People's Bank of China to form a trade and finance blockchain standard system and strengthen regulatory innovation. Construction of financial technology application scenario test area, the establishment of application scenario release mechanism.
Interpretation: On September 19, People's Bank of China published China FinanceNo. 17 entitled "New Opportunities for Legal digital currency Development in China", saying that People's Bank of China began to study legal digital currency in 20 14, and digital currency Institute of People's Bank of China was formally established in 20 17. By April 2020, the central bank had submitted 22, 65 and 43 patent applications for digital currency and its related contents, covering the whole process of issuance, circulation and application in digital currency, forming a complete industrial chain, and having completed technical reserves to meet the landing requirements.
The so-called digital currency is digital cash. Digital currency, like paper money, has circulation and payment functions, but at the same time it has controllable anonymity and investment and financing functions. Compared with electronic payment such as Alipay and WeChat, digital currency can receive and pay without Internet connection and signal. At the same time, if the equipment allows, the payee cannot refuse to accept digital currency without reason.
Recently, the Ministry of Commerce issued the "Overall Plan for Comprehensively Deepening the Pilot Program of Innovation and Development of Service Trade", which mentioned that the pilot program of digital RMB should be carried out in the pilot areas with conditions in Beijing, Tianjin and Hebei, the Yangtze River Delta, Guangdong-Hong Kong-Macao Greater Bay Area and the central and western regions.
Digital currency has also become a high-frequency word in the recent service trade fair. For example, on September 6th, at the 2020 China International Finance Annual Forum, Yin Yong, member of the Standing Committee of Beijing Municipal Committee and vice mayor, said that we should give full play to the dual advantages of Beijing Science and Technology Innovation Center and National Financial Management Center, highlight the digital economy, digital finance, regulatory technology and other key points, carry out in-depth financial technology supervision sandbox pilot, and try first in digital currency and other frontier areas by using the Winter Olympics and other scenarios, and strive to achieve a leading breakthrough.
Just the day before, Zhao Lei, the mayor of Tongzhou District, also talked about digital currency at the 2020 Global Wealth Management Forum. He pointed out that in April this year, the Beijing Financial Services Leading Group issued the "Work Plan on Building an International Wealth Management Center in a Sub-center of the City" with document 1, clearly positioning the sub-center as a "global wealth gathering place and a wealth management center with international influence", and will pilot 27 reform tasks in the frontier field of wealth management of the sub-center, such as new financial license, legal digital currency and tax deferral of asset management products.
According to the industry analysis, there should be three stages before the real launch of digital currency: comprehensive testing, trial operation and formal operation. Considering that digital currency is the next generation of fully digitized RMB, which has far-reaching influence, the central bank should be cautious in launching it. In response to the launch of digital currency, the central bank revealed the following progress: At present, the research and development of digital RMB follows the principles of stability, security, controllability, innovation and practicality, and internal closed pilot tests are conducted in Shenzhen, Suzhou, Xiong 'an, Chengdu and future Winter Olympics scenarios to test theoretical reliability, system stability, functional usability, process convenience, scenario applicability and risk controllability. Regarding when it will be officially launched, the central bank has repeatedly stressed that there is no timetable yet.
Explore the construction of an international information industry and a digital trading port? ?
The plan points out that Beijing should enhance the international competitiveness of digital trade. Benchmark the international advanced level, explore the development law of digital trade in line with national conditions, strengthen cross-border data protection supervision and cooperation, and promote international mutual recognition of digital certificates and electronic signatures. Explore the formulation of rules in key areas such as information technology security, data privacy protection, and cross-border data flow. Explore the establishment of data confirmation, data assets, data services and other transaction standards and service systems such as pricing, settlement and quality certification for data transaction circulation, and standardize transaction behavior. Explore the development of digital trade statistical monitoring.
At the same time, encourage the development of new formats and models of the digital economy. Accelerate the construction of a new generation of information infrastructure and explore the construction of a safe and convenient dedicated channel for Internet data. Apply digital technology systems such as blockchain to standardize the implementation of cross-border trade, legal compliance and technical standards, and ensure paperless, dynamic and standardized multilateral cooperation in cross-border trade. Relying on the application of blockchain technology, we will integrate the information and credit data of high-tech manufacturing enterprises to create an efficient and convenient customs clearance model. Explore the establishment of a regulatory mechanism that allows relevant institutions to test new products and new businesses within a controllable range.
In addition, explore the construction of an international information industry and a digital trading port. Under the premise of controllable risks, we should try first in software real-name authentication, data origin label identification, data product import and export and so on. Build a digital copyright trading platform to promote the development of intellectual property protection and intellectual property financing business. Efficient and convenient digital inspection of import and export of software and Internet service trade. Actively explore the third-party authentication mechanism of enterprise data protection capability. Explore the establishment of a website filing system that meets the needs of overseas customers.
Interpretation: the State Council recently approved the "Work Plan for Deepening the New Round of Beijing's Comprehensive Pilot Project for Expanding and Opening up the Service Industry and Building a National Comprehensive Demonstration Zone for Expanding and Opening up the Service Industry", demanding that Zhongguancun Software Park be used as the basis to promote the international mutual recognition of digital certificates and electronic signatures, pilot the cross-border flow of data, and build an international information industry and digital trading port.
The plan also revealed that Beijing will open domestic Internet virtual private network services to foreign investors (the proportion of foreign shares will not exceed 50%), and attract overseas telecom operators to provide domestic Internet virtual private network services for foreign-invested enterprises in Beijing through the establishment of joint ventures. Support the development of car networking (intelligent networked cars) and self-driving map applications, and build a Beijing-Shanghai car networking expressway. Explore the establishment of a website filing system that meets the needs of overseas customers.
In terms of data cross-border flow, Beijing will study and promote the pilot work of data cross-border flow security management, aiming at data cross-border flow and data protection capability certification involved in digital service trade such as commercial presence, cross-border delivery, consumption abroad and natural person flow.
Li Jun said that the cross-border flow of data is an inevitable trend. However, the supervision of cross-border data flow has not yet formed in the world. This requires considering many factors such as national security and personal privacy, and classifying data. As one of the regions with the most developed digital economy, Beijing is expected to provide the world with "China solution".
In addition, it should be noted that according to the newly released Beijing Action Plan for Promoting the Innovation and Development of Digital Economy (2020-2022), by 2022, the added value of Beijing's digital economy will account for 55% of the regional GDP, and at present, Beijing's digital economy accounts for more than 50% of the city's GDP.
Zhong Zeyu, vice president and secretary general of China Service Trade Association, pointed out in an interview with 2 1 Century Business Herald that Beijing has unique conditions to develop service trade represented by digital economy. First of all, Beijing has the most intensive scientific research institutes and high-quality talents in China, with a strong atmosphere of innovation; Secondly, science and technology enterprises represented by Zhongguancun are highly concentrated in Beijing, and new formats and new economies are developing actively; Third, Beijing has developed financial, medical and cultural services; Fourth, as an international exchange center, Beijing has a large number of natural persons flowing, which is beneficial to cross-border service trade.
We will improve the policies related to duty-free shops and adjust the customs duty on returning overseas cultural relics.
The plan points out that it is necessary to help build an international exchange center. Efforts will be made to serve the country's overall diplomacy and continuously improve the service support capacity of major national events. Encourage international organizations to gather. Explore the pilot of cross-border fund pool integrating local and foreign currencies, support qualified multinational enterprise groups to carry out centralized transfer and collection of local and foreign currency funds between domestic and foreign members, and implement two-way macro-prudential management of cross-border capital flows. Explore the integration of consumption and pre-boarding. Encourage moderate competition and improve the relevant policies of duty-free shops.
According to the plan, a fully functional group exhibition complex will be built around Beijing Capital International Airport. Improve the specifications and energy level of China International Fair for Trade in Services, and build it into the main platform of international service trade. Promote the joint development of Beijing Capital International Airport and Beijing Daxing International Airport to build a world-class aviation hub.
In addition, we must meet the demand for high-quality cultural consumption. Create an international film and television animation copyright trading platform, explore cultural intellectual property insurance business, carry out gemstone trading business, and strengthen the "Belt and Road" cultural exhibition and trading hall. Qualified foreign-funded enterprises are allowed to carry out global exhibitions, auctions and transactions of cultural works of art (non-cultural relics). Encourage the return of overseas cultural relics, actively study and adjust the current import tax policy, and give further support. Explore and innovate the supervision mode of international high-end art exhibits in the comprehensive bonded area.
Interpretation: the State Council's recently approved Work Plan for Deepening the New Round of Beijing's Comprehensive Pilot Program for Expanding and Opening-up of Service Industry and Building a National Comprehensive Demonstration Zone for Expanding and Opening-up of Service Industry requires that Wangfujing Pedestrian Street be supported in making an international consumption environment, a high-quality business environment and an international consumption area. Optimize the layout of duty-free shops in the city, coordinate the setting of departure pick-up points for duty-free shops in airport isolation areas, and implement relevant policies for duty-free shops.
/kloc-In September, 2008, at the "65th Anniversary Media Communication Meeting" held by Wangfujing Group, Du Baoxiang, Chairman of Wangfujing Group, revealed that the company planned to open a commercial complex integrating duty-free, Ole and shopping center in Beijing Global Resort. Du Baoxiang revealed that the company is currently promoting the landing of airport duty-free shops at Capital International Airport and Beijing Daxing International Airport, and the specific opening location is under negotiation. Its duty-free shops in Beijing are also in the layout.
The above work plan also points out that it will promote the joint development of Beijing Capital International Airport and Beijing Daxing International Airport. Explore port facilitation measures for aviation equipment repair and subcontracting business of aircraft maintenance enterprises, and support enterprises to enhance the competitiveness of the international aviation equipment maintenance market. Encourage Chinese and foreign airlines to operate international routes and allow foreign airlines to operate at Beijing Capital International Airport and Beijing Daxing International Airport. Establish an international air freight system, formulate policies to promote the development of air freight in Beijing, and support the expansion of freight traffic rights. Optimize and improve freight infrastructure and equipment, and encourage airlines to put freight fleets at Beijing Daxing International Airport. Improve the functions of air ports, enhance high-end logistics capabilities, and expand import functions such as complete vehicles and parallel imported cars.
Reducing the import tax rate of cultural relics is conducive to the return of overseas cultural relics. At the end of last year, National Cultural Heritage Administration made it clear that it would strive to further reduce the import tax rate of cultural relics, further promote the reduction of cultural relics tariffs within 100, and timely promote the reduction of postal tax and value-added tax rates on cultural relics imports. Several adjustments of tax policies have reduced the import tax burden of cultural relics and artworks, which is conducive to encouraging individuals and enterprises to bring cultural relics into China for collection, display and trading.
In recent years, China has adjusted the import link tax rate many times. In terms of postal tax, the tax rate has been lowered twice since 20 18, and the tax rate on stamps, artworks and collectibles has been lowered from 25% to 20%. The tariff rate and import value-added tax rate have also been continuously lowered. The tariff rate of hand-painted original paintings such as oil paintings and pastels, original prints, original prints and original sculptures of various materials was reduced from 12% to 1%, and the standard rate of value-added tax on cultural relics import was reduced from 16% to 13%.