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SCIO press conference on focusing on the 'five centers' initiative of Shanghai and accelerating the building of a modern socialist intl metropolis with global influence

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The State Council Information Office held a press conference on March 28 in Beijing to brief the media on focusing on the "five centers" initiative of Shanghai and accelerating the building of a modern socialist international metropolis with global influence.

China.org.cnUpdated:  April 8, 2024

Xinhua News Agency:

We know that Pudong has always been at the forefront of reform and opening-up and has made significant reform efforts in recent years. Could you introduce some of the breakthrough institutional innovations made during the comprehensive pilot reform in Pudong? Thank you.

Gu Jun:

Thank you for your question. Launching the comprehensive pilot reform in Pudong is a significant measure to further promote high-level reform and opening-up, and to accelerate the construction of a leading zone for socialist modernization. It also plays an important role in supporting the accelerated development of "five centers" and enhancing the city's capabilities and core competitiveness. Mayor Gong Zheng earlier introduced the latest progress in Shanghai's development of "five centers." Pudong is the core area for the construction of these "five centers" in Shanghai. Since last year, we have been mobilizing the entire city's efforts to advance the implementation of the Pudong comprehensive pilot reform program, resulting in a continuous emergence of landmark institutional innovation achievements. These innovations mainly manifest in "three batches":

First, a batch of pioneering reforms are being rapidly implemented. China's first-ever Containerized Freight Index Futures was listed for trading, the pilot reform of the architect responsibility system has continued to deepen, and the Pudong New Area has introduced 18 innovative regulations, 23 management measures, and two local regulations with Pudong-specific chapters.

Second, a batch of leading opening-up initiatives is being promoted. China's first marine bonded liquefied natural gas (LNG) bunkering was successfully completed, the Shanghai International Reinsurance Trading Center and the Shanghai Data Exchange International Board were launched, and pilot projects for importing remanufactured products in key industries were initiated.

Third, a batch of groundbreaking innovations is making breakthroughs. We have launched the open competition mechanism for selecting the best public service platforms and accelerated the temporary practice license system for foreign professionals. The number of open innovation centers for large enterprises has reached 90, and the function of sci-tech innovation engines is becoming more prominent.

Next, we will target key areas that have the conditions for making pioneering breakthroughs, strengthen system integration and collaborative efficiency, and strive to make efforts in three areas to better play the role of the national reform and opening-up experimental field.

First, we will promote high-level institutional opening-up. We will formulate and implement special management measures to relax market access in Pudong, orderly promote opening-up in areas such as telecommunications and healthcare, implement pilot reforms like the copyright registration system, and accelerate the construction of a national institutional opening-up demonstration zone.

Second, we will enhance global resource allocation capabilities. We will actively expand the application scenarios of e-CNY, promote the development of offshore economic and trade activities for the convenience of cross-border payments and receipts by multinational enterprises, establish and improve a safe and convenient cross-border data flow mechanism, and continuously enhance the level of factor aggregation and outreach.

Third, we will establish and improve the legal support system. In cooperation with the Shanghai Municipal People's Congress and its Standing Committee, we will formulate six more regulations for Pudong New Area this year, focusing on areas such as free trade accounts, commercial mediation, and enterprise compliance reform. Thank you.

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