Core Viewpoint - The State Council of China has issued a notification to enhance the integration of the Shanghai Free Trade Zone with international high-standard economic and trade rules, promoting a high-level institutional opening-up through 77 pilot measures across seven areas [1][2]. Group 1: Pilot Measures - The notification outlines 34 measures to be replicated and promoted in other free trade zones, including innovations in digital RMB application scenarios, optimization of cross-border capital management for multinational companies, and the establishment of a negative list for data export [1]. - Additionally, 43 measures are to be promoted nationwide, focusing on cross-border electronic payment applications, encouraging the acceptance of commercial password testing results, and enhancing the digitalization of government procurement platforms [1][2]. Group 2: Focus Areas - Key areas of focus include accelerating the opening-up of sensitive service trade sectors such as finance and telecommunications, improving the liberalization and facilitation of goods trade, and implementing high-standard digital trade rules [2]. - Strengthening intellectual property protection, advancing government procurement reforms, and deepening state-owned enterprise reforms are also highlighted as essential for creating a fair competitive environment for domestic and foreign entities [2]. Group 3: Implementation and Risk Management - The notification emphasizes the need for local regions to tailor the replication and promotion of measures based on their specific circumstances, focusing on demand and problem orientation [2]. - It also stresses the importance of balancing openness and security, enhancing risk assessment and prevention mechanisms, and establishing a transparent and efficient regulatory system [2][3].
释放制度创新红利 上海自贸区77条试点措施复制推广
Xin Hua Wang·2025-08-12 05:45