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Pingtan Area Launches 126 Innovative Initiatives, 55 of Which Are Unprecedented in China

Updated: May 25, 2018 Source: Belt and Road Portal
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Recently, the General Office of the State Council has issued a circular on granting inspection-exemption reward to regions that have implemented major policy measures, worked hard and achieved remarkable results in 2017, and correspondingly launched 24 reward and support measures. Among the regions, Fujian has achieved remarkable results in actively optimizing the business environment, advancing the domestic trade circulation system reform and the service trade innovation development, promoting the continuous recovery, stabilization and flourishing of the foreign trade, and implementing the policy measures for foreign capital.

Among the 285 innovative initiatives launched in Fujian Pilot Free Trade Zone, 103 are unprecedented in China, and 126 are launched in Pingtan area, 55 of which are unprecedented in China, with the number of unprecedented initiatives ranking the top in the three areas of Fujian Province.

As an important part of Fujian Pilot Free Trade Zone, Pingtan Free Trade Zone has achieved remarkable results in implementing major policies and measures, including optimizing the power operation process, implementing the superposition operation mode of free trade zone and experimental zone, flat management, building a simple government; setting up an administrative examination and approval bureau, promoting the reform of centralized administrative license system, promoting cross-strait integration, and implementing the list management in an all-round way, cleaning up and standardizing the pre-examination and approval and intermediary service items, promoting the government streamlining and power delegation; continuing to carry out the reform of "Reduce Pre-approval, Reduce Links, Reduce Time, Modularize, Standardize, Improve the Effectiveness of Government Authorities", forming a standardized module and adopting the rapid approval mode for about 80% of the general examination and approval items.

By giving full play to the advantages of "Policy Superiority and System Flexibility" and optimizing the entire process of organizing, reporting, evaluating, notifying and following up on the effectiveness of innovative initiatives, Pingtan Free Trade Zone has launched a total of 126 innovative initiatives in 11 batches (55 are unprecedented in China), 42 of which are innovative to Taiwan; has implemented 29 opening-up measures in 3 batches, with the number of both unprecedented initiatives and opening-up measures ranking the first in the province, among which the investment system reform featuring "Four Ones" (one form application, one window acceptance, one review, one stamp for examination and approval) was selected as one of the eight best practice cases among the national free trade zones; the "One-Stop Inspection Platform for Customs and Inspection + Mutual Recognition for Customs and Inspection" was chosen as one of the four "Best Practice Cases" by the Ministry of Commerce.


Editor: wangbo