Construction plan for the Ningbo area of ​​Zhejiang Free Trade Zone released

Category: Governmental News
Published: Tuesday, 01 June 2021 12:51

The municipal government of Ningbo recently issued "the Construction Plan for the Ningbo Area of China (Zhejiang) Pilot Free Trade Zone ". According to the overall requirements and functional positioning of the Ningbo Area, it will speed up the construction of the integrated development of the "Core Area, Linkage Area, and Radiation Area".

Ningbo area has a 46km2 core area, including 20.4 km2 in Daxie, 7.8km2 in Meishan, and 17.8 km2 in the comprehensive bonded zone. Daxie is a functional area for the entire oil and gas industry chain, new material innovation and international shipping hub; Meishan is an international supply chain innovation functional area, creating an international supply chain innovation center with global influence; the comprehensive bonded zone is a new type of international trade and intelligence demonstration zone for high-quality development of manufacturing industry.

According to the "Plan", the strategic functional positioning of the Ningbo area is "one hub, three centers, and one demonstration zone", namely, an international shipping and logistics hub, an international oil and gas resource allocation center, an international supply chain innovation center, a global new material science and technology innovation center, a demonstration zone for high-quality development of global intelligent manufacturing. By 2025, an open institutional system compatible with functional positioning and a domestic first-class business environment will be formed. By 2035, a highly open institutional system, regulatory model, and business environment with Chinese characteristics will be formed in full compliance with international standards, and a higher level of investment and trade liberalization will be achieved, which will become a new height for reform and opening up in the new era.

The "Plan" basically clarifies the spatial layout of the Ningbo area. In addition to the core area, the Zhejiang Free Trade Pilot Zone and Ningbo Linkage Innovation Zone approved by the provincial government covers an area of 119.87 square kilometers, including 70.56 square kilometers of portside area (covering Zhenhai, Beilun, Meishan, Daxie and related areas of the bonded area) and 8.71 square kilometers of sky area (covering Haishu and other related areas), 15 square kilometers of Yongjiang area (covering Zhenhai, Yinzhou, and high-tech zones and other related areas), and 25.6 square kilometers of Qianwan area (covering related areas of Qianwan New Area).

In the future, the Linkage Innovation Zone will take the lead in copying and promoting the core area policy system, prioritizing the layout of major industrial projects and public service platforms, and forming a synergy pattern with complementary advantages, resource sharing, policy exchanges, and overall layout with the core area.

In addition, the "radiation area" that undertakes the function expansion, project implementation, and industrial radiation of the Ningbo area, include the whole area of Jiangbei, Fenghua, Yuyao, Cixi, Ninghai, Xiangshan and other districts and counties (cities), as well as other core areas and linkage areas in the Ningbo administrative area in order to build an integrated and open development system in Ningbo.

Focusing on the construction of the Ningbo area of the Zhejiang Free Trade Zone, the "Plan" also proposes seven major tasks such as establishing a free and convenient open institutional system, building an international shipping and logistics hub, building an international oil and gas resource allocation center, and formulates 28 measures including a financial management system that facilitates the collection and payment of funds and the promotion of the open development of the shipping management system