An Analysis of China Pilot Free Trade Zone-Guangdong Pilot Free Trade Zone as A Case Study

• Main Authors: Mei-Chih Yang, 楊美智
• Other Authors: Jiann-Jong Guo
• Format: Others
• Language: zh-TW
• Published: 2018
• Online Access: http://ndltd.ncl.edu.tw/handle/9b77rv

碩士 === 淡江大學 === 中國大陸研究所碩士在職專班 === 106 === China''s reform and opening-up since 1978, after nearly 40 years, has been promoted to the world economic powers, become the world''s second largest economic entity and the first major trading country. After the 2008 financial tsunami, the global economic decline, consumption strength weakened, so that the Chinese export-oriented kinetic energy slowed down and had a serious impact on its overall economy. The establishment of "Free Trade Zone", mainly to speed up the transformation of governmental functions, which were actively explore new management model innovation, promoting trade and investment facilitation, in order to deepen the overall reform and expand the open exploration of new ways to accumulate new experience. From September 2013 to April 2017, China set up 11 pilot free trade test zones in Shanghai, Guangdong,Tianjin, Fujian, Liaoning, Zhejiang, Henan, Hubei, Chongqing, Sichuan and Shaanxi. The respective trade zone according to the geographical location and the different resources have their own characteristic. Guangdong pilot FTZ is divided into three blocks,Guangzhou Nansha New Zone block is located in the Pearl River Delta region；Shenzhen Qianhai Shekou block is located in the east near Hong Kong；Zhuhai Hengqin block is located in the west and Macao across the water, covers an area of 116.2 square kilometers. It mainly focuses on promoting the east near Hong Kong. These three Zones mainly focuses on promoting the deep integration between the mainland and Hong Kong and Macao, and further promoting the liberalization of trade in services. In fact the Guangdong pilot FTZ is both an opportunity and a challenge for Hong Kong and Macao to promote the various concessions and to attract Hong Kong and Macao enterprises and personnel to the Guangdong FTZ. From the Chinese mainland FTZ can find first, negative list system for foreign-invested enterprises in the free trade area; second, the business approval is changed to the record, from the prior approval to the ex-post supervision, promote a single window to accept; third, the previously not open to foreign-funded enterprises, to relax investment ratio or reduce restrictions; fourth, reform of the financial system So that foreign-invested enterprises are exempt from the influence of exchange rate.