Core Viewpoint - The implementation of the Free Trade Zone (FTZ) enhancement strategy is a significant measure to promote high-level opening up and high-quality development in China, guided by Xi Jinping's thoughts and the principles of the 20th National Congress of the Communist Party of China [1] Group 1: Systematic Deployment and Objectives - The FTZ aims to enhance the level of institutional opening, systemic reform effectiveness, and the quality of the open economy over approximately five years, focusing on trade, investment, capital flow, transportation, personnel exchange, and data security [2] - The policy framework will be improved to facilitate the free and convenient flow of goods, services, and data, while promoting deep integration of technological and industrial innovation [2] Group 2: Trade and Investment Facilitation - The strategy emphasizes enhancing comprehensive competitiveness in foreign trade, optimizing goods trade, and supporting the development of service and digital trade [2] - It allows enterprises within the FTZ to conduct physical mixing of gold-bearing minerals under different tax codes and explores the establishment of a "white list" system for imported research and development items in the biopharmaceutical sector [2] Group 3: Innovation and Industry Development - The FTZ will promote the integration of innovation chains and industrial chains, support the construction of advanced industrial clusters, and encourage comprehensive innovation across the entire industrial chain [3] - It aims to enhance the modernization level of the industrial chain and support the development of smart connected vehicles and civilian drone testing bases [3] Group 4: Data and Financial Services - The strategy focuses on promoting efficient, convenient, and secure data flow, establishing market rules for data elements, and enhancing cross-border data flow [4] - It also aims to deepen financial sector opening and innovation, expand pilot programs for qualified foreign limited partners, and promote the integration of domestic and foreign currency funds for multinational companies [4] Group 5: Implementation and Coordination - Local governments and relevant departments are urged to strengthen reform efforts under the centralized leadership of the Party, ensuring the effective implementation of the FTZ enhancement strategy [4] - The Ministry of Commerce will coordinate and promote the replication of successful experiences and ensure the smooth implementation of the strategy [4]

Core Viewpoint - The implementation of the Free Trade Zone (FTZ) enhancement strategy is a crucial measure for promoting high-level opening-up and high-quality development in China [1][2]. Group 1: Policy Framework - The strategy aims to establish a comprehensive policy system focusing on trade, investment, capital flow, transportation, personnel exchange, and data security [2]. - The goal is to enhance the comprehensive competitiveness of foreign trade, optimize goods trade, and support the development of service and digital trade [2][3]. Group 2: Investment and Market Environment - The strategy emphasizes the need to facilitate investment liberalization and create a market-oriented, law-based, and international first-class business environment [3]. - It includes measures to attract foreign investment, such as allowing foreign enterprises to engage in film post-production services and enabling qualified Hong Kong, Macau, and Taiwan doctors to practice in the FTZ [3]. Group 3: Technological and Industrial Development - The strategy promotes the integration of innovation chains and industrial chains, aiming to build a modern industrial system and advanced industrial clusters [3][4]. - It encourages the FTZs to engage in comprehensive innovation across the entire industrial chain and supports participation in national-level industrial cluster construction [3]. Group 4: Data and Financial Services - The strategy aims to enhance the efficient, convenient, and secure flow of data, establishing rules for the data factor market and improving cross-border data flow [4]. - It also seeks to deepen financial sector opening and innovation, expanding pilot programs for qualified foreign limited partners and promoting the opening of the futures market [4]. Group 5: Implementation and Coordination - Local governments and relevant departments are urged to strengthen their responsibilities and increase investments in projects, funds, and talent to ensure the effective implementation of the strategy [5]. - The Ministry of Commerce is tasked with coordinating efforts and promoting the replication of successful experiences from the FTZs [5].