Core Viewpoint - The Shanghai Oriental Hub International Business Cooperation Zone has successfully passed a joint acceptance inspection led by the General Administration of Customs, marking the imminent operational launch of this innovative zone aimed at enhancing international business exchanges and facilitating high-level reform and opening-up in China [1][2]. Group 1: Overview of the International Business Cooperation Zone - The International Business Cooperation Zone, established in February 2024, covers an area of approximately 0.88 square kilometers, divided into two blocks, with the eastern area designated as the pilot zone covering about 0.44 square kilometers [1]. - The zone aims to promote international business exchanges by integrating a comprehensive bonded area, customs supervision area, and port restricted area, while also facilitating cross-border movement of personnel and enhancing business services [1][2]. Group 2: Future Development Plans - Following the acceptance, the zone will leverage Shanghai's advantages in foreign trade and utilize the results of the Free Trade Zone's institutional innovations to enhance institutional innovation, functional cultivation, resource allocation, and service guarantees [2]. - The Shanghai municipal government has issued management measures for the zone, allowing foreign personnel to stay for 30 days for business activities, with the possibility of extension under reasonable circumstances [2]. Group 3: Infrastructure and Regulatory Framework - The Shanghai Customs has established high-standard customs supervision facilities and an intelligent access control system, focusing on five regulatory objects: people, goods, vehicles, and enterprises [3]. - The National Immigration Administration has released regulations to support the free movement of personnel in and out of the zone, with completed infrastructure for closed management and categorized management facilities for international and domestic personnel [3]. Group 4: Strategic Importance and Goals - The establishment of the International Business Cooperation Zone is a significant move for Shanghai to expand high-level opening-up and enhance its open economy [4]. - The zone aims to focus on key industries and enterprises, planning impactful activities in international business, exhibitions, training, and technology exchanges to improve service levels and attract more international personnel [4].

Core Points - The Shanghai Oriental Hub International Business Cooperation Zone has been officially certified as the first of its kind in China, aimed at enhancing high-level reform and opening up [1] - The zone covers an area of approximately 0.88 square kilometers, with the initial operational area being 0.44 square kilometers, and is set to facilitate international business exchanges [2][4] - The zone is expected to achieve full operational capabilities by 2030, with significant infrastructure and management systems already in place [4] Summary by Sections Development and Structure - The Shanghai Oriental Hub International Business Cooperation Zone was approved by the State Council in February 2024, with a planned area of about 0.88 square kilometers, divided into two sections [2] - The initial operational area is designed to enhance international business exchanges and is part of a broader strategy to integrate the Yangtze River Delta region [4] Policy and Management - The zone has implemented a "1+2" foundational system, including management regulations and customs supervision measures to facilitate efficient management of personnel and goods [5] - Foreign personnel can enter the zone without a visa if invited, allowing for a stay of up to 30 days, with options for extension [5][7] Infrastructure and Services - Comprehensive infrastructure has been established, including high-standard regulatory facilities and smart access systems, to support efficient management and operations [6] - The zone has developed various support services, including commercial, dining, and leisure facilities, to ensure a conducive environment for business activities [7] Business Opportunities - The zone allows for a wide range of international business activities, including cross-border research and development, professional services, and trade facilitation [8][9] - It serves as a pilot area for expanding foreign-invested hospitals, enabling the introduction of high-level international medical resources [9]