Core Viewpoint - The Shanghai Municipal Development and Reform Commission has issued the "Second Batch of Shanghai Free Trade Zone Linked Innovation Zone Construction Plan" to further expand the influence of institutional innovation in the free trade zone and release the dividends of institutional innovation on a larger scale [1] Group 1: Key Areas of Focus - The plan adds eight key areas including Hongqiao International Central Business District, Jing'an, and Changning, as well as five national economic and technological development zones, including Minhang Economic and Technological Development Zone and Hongqiao Economic and Technological Development Zone, as the second batch of linked innovation zones [1] - The plan outlines five specific areas of focus: enhancing investment and trade facilitation, optimizing cross-border financial and data services, deepening reforms in the scientific and technological innovation system, improving the talent and land factor guarantee system, and fully supporting the creation of various new industrial forms [1] - The plan also details specific construction tasks with a division of responsibilities, including a total of 86 reform tasks outlined in "two lists" [1]

Core Viewpoint - The release of the "Second Batch of Shanghai Free Trade Zone Linked Innovation Zone Construction Plan" aims to enhance the development of key areas, particularly focusing on the Hongqiao International Central Business District and cross-border e-commerce industry [1] Group 1: Key Areas and Development Plans - The construction plan includes the establishment of eight key areas and five national-level economic and technological development zones, forming a "8+1" linked innovation zone [1] - The Hongqiao International Central Business District is the only area included in its entirety, covering a total area of 151.4 square kilometers [1] Group 2: Reform Tasks and Focus Areas - The plan outlines four major reform tasks: improving investment and trade facilitation, optimizing financial and data cross-border services, deepening technological innovation reforms, and enhancing talent and land resource support systems [1] - The focus will be on developing the cross-border e-commerce industry with targeted high-value support measures [1] Group 3: Specific Initiatives - Support for the digital regulatory pilot for cross-border e-commerce enterprises [2] - Research on establishing cross-border e-commerce export front warehouses to enable "one-time declaration, pre-regulation, and direct port access" [3] - Establishment of a customs comprehensive technical service point at the Hongqiao Customs Technology Center [4] - Promotion of efficient arbitration services in emerging fields like cross-border e-commerce by Shanghai arbitration institutions [5] - Setting up visa service centers for various countries in the Hongqiao Business District, with a trial for 24-hour convenient visa services for re-entry to Hong Kong and Macau [6]

Core Viewpoint - The Shanghai Free Trade Zone (FTZ) is expanding its innovative linkage areas by adding eight key regions to enhance institutional innovation and promote economic development [1][2]. Group 1: Expansion of Free Trade Zone - The Shanghai government announced the construction plan for the second batch of innovative linkage areas, which includes eight key regions: Hongqiao International Central Business District, Shanghai International Tourism Resort, Jing'an, Changning, Putuo, Qingpu, Jiading, and Jinshan [1]. - The expansion aims to further implement pioneering reforms and promote the replication of leading open policies, thereby enhancing the influence of institutional innovation across the FTZ [1]. Group 2: Mechanisms and Policies - A regular mechanism for replication and promotion will be established, with differentiated annual evaluations for the first and second batches of linkage areas, facilitating institutional design at the city level [1]. - The plan includes improving the reform authorization coordination mechanism, allowing city-level departments to fully authorize linkage areas, thus streamlining policy processes for quicker access to benefits [1]. Group 3: Data and Talent Management - The innovative linkage areas will facilitate orderly cross-border data flow, permitting financial institutions to transmit necessary operational data to overseas entities as approved by financial regulators [2]. - The plan aims to enhance services for foreign talent, including the trial implementation of electronic port visas and streamlined approval processes for work permits and residence permits for foreigners [2].

Core Points - The Shanghai Municipal Government has released the "Second Batch of Shanghai Free Trade Zone Linked Innovation Zone Construction Plan" to enhance innovative reforms and expand the influence of the Free Trade Zone [1][2] - The new plan includes eight key areas and five national economic and technological development zones, expanding from the previous "6+1" model to "8+1" [1] Group 1 - The plan consists of "two lists" totaling 86 reform tasks, with 57 tasks shared across all linked innovation zones and 29 tasks focusing on the unique characteristics of each district [2] - Specific policies include support for establishing wholly foreign-owned hospitals and encouraging public hospitals to set up international departments, derived from previous pilot programs [2] - Significant breakthroughs in cross-border data management are included, allowing financial institutions to transmit necessary operational data abroad and optimizing the management of scientific research data [2]