Latest blueprint for Lingang zone
Print Edition
The Shanghai government issued a guideline for the next stage of the development of Lingang yesterday, two days ahead of the second anniversary of the special area of the China (Shanghai) Pilot Free Trade Zone.
With a total of 40 policies, the guideline requires Lingang to carry out institutional innovation in specific fields to upgrade the efficiency of regional administration, in particular, to deepen the reform of streamlining administration, delegating powers, while improving regulation and services.
Lingang will promote the institutional integration reform of administrative matters, deepen reform of the commercial system, and promote the registration and confirmation system of commercial subjects.
The special area will also improve its administrative system and mechanism.
That will include optimizing regional administration, integrating Situan Town of Fengxian District into Lingang鈥檚 industry city integration area, improving the cross-regional affairs coordination mechanism, reforming the employment system, and strengthening the exchange of cadres.
Deeper reforms
It will also deepen the reform of state-owned assets and state-owned enterprises and support state-owned enterprises under the administrative committee of Lingang.
Also, Lingang will build an open industrial system and improve the scale and quality of its economy.
It will build a world-class cutting-edge industrial cluster, by developing the integrated circuits industry with the integration of the whole industrial chain, accelerating the development of biomedicine, creating an artificial intelligence innovation and application demonstration area, expanding the intelligent new-energy vehicle industry, deepening automatic driving test demonstrations, accelerating the construction of an international data port, improving the capacity of scientific and technological innovation strategies, and strengthening the protection of intellectual property rights.
Lingang will also promote the innovative development of financial openness, improve the global resource allocation function, build an Asia-Pacific supply chain management center, strengthen financial reform and innovation, actively develop offshore yuan transactions, improve the level of financial services to the real economy, and work on the construction of a science and technology insurance innovation demonstration area, district officials said.
Apart from the measures in economic development blueprint, Lingang will also take on the mission of becoming a high ground to attract talent from at home and abroad, a model of high-quality land use and construct a modern new town with improved urban functional level and core competitiveness.
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