Core Viewpoint - The China (Shanghai) Pilot Free Trade Zone Lingang New Area has achieved significant progress in institutional innovation and industrial development over the past six years, aiming to enhance China's integration into the global economy through unique economic functions and open innovation [1][3]. Institutional Innovation - The Lingang New Area has established a "five freedoms and one convenience" institutional open system, with 166 institutional innovation cases formed, including 79 national firsts, covering investment, trade, finance, transportation, and personnel [3][4]. - The Yangshan Special Comprehensive Bonded Zone has restructured customs supervision processes, significantly improving customs clearance efficiency, with a 50% increase in vehicle import and export efficiency [4][3]. Industrial Development - The Lingang New Area focuses on building a competitive open industrial system, attracting world-class enterprises and enhancing industrial capabilities, particularly in key sectors like semiconductors and advanced manufacturing [6][8]. - Companies like Lenz Group and Panshi Group have established significant operations in Lingang, contributing to local industrial upgrades and innovation in high-performance materials and automation solutions [6][8][7]. Financial Innovation - The Lingang New Area aims to become the "third pole" of Shanghai's international financial center, focusing on cross-border finance, fintech, and offshore trade [9][10]. - A pilot program for offshore trade financial services has been launched, allowing for rapid fund transfers and significantly reducing settlement times from days to seconds, aligning with international standards [10][11].
为国家“试制度、探新路、测压力”,临港打造上海国际金融中心“第三极”
证券时报·2025-08-20 00:33