Ministry of Commerce: National Economic and Technological Development Zone bans luxury investment

Abstract This year, the development of national economic and technological development zones has ushered in a year of standing. Today, in the online interview event organized by the Chinese government network, Qiu Lixin, deputy director of the Foreign Investment Management Department of the Ministry of Commerce, said that so far, there are 218 national economic and technological development zones. In the future, relevant...
This year, the development of the national economic and technological development zone has ushered in a year of standing. Today, in the online interview event organized by the Chinese government network, Qiu Lixin, deputy director of the Foreign Investment Management Department of the Ministry of Commerce, said that so far, there are 218 national economic and technological development zones. In the future, the relevant departments will continue to standardize management of the development zone in attracting investment, and prohibit luxury investment and extravagance.

218 national economic development zones

The state-level economic and technological development zone has been developing for 30 years. In 1984, following the establishment of special economic zones, in order to further promote the opening up of the country, the Party Central Committee and the State Council began to establish a state-level economic and technological development zone.

National economic and technological development zones are different from high-tech zones, special customs supervision zones, various provincial development zones and municipal development zones. It is a platform for opening up to the outside world at the national level. The current competent department is the Ministry of Commerce.

According to Qiu Lixin, so far, there are 218 state-level economic and technological development zones, with branches in the east, middle and west of the country.

Before October, this number was still 215. According to the data from January to September, the GDP of the 215 state-level economic and technological development zones, the added value of the secondary industry, fiscal revenue, tax revenue and import and export accounted for the national share: GDP accounted for 13.4%, the secondary industry It accounts for 22.6% of the country, fiscal revenue accounts for 10.2% of the country, tax revenue accounts for 10%, and imports and exports account for 20% of the country.

After 30 years of development, transformation is needed

Recently, the State Council issued the "Several Opinions on Promoting the Transformation, Upgrading, Innovation and Development of National Economic and Technological Development Zones". After 30 years of development of the International Economic and Technological Development Zone, why should we transform?

Qiu Lixin summed up four points: First, the need to build a new open economic system; second, to cultivate the need to attract new advantages of foreign investment; third, to enhance the need for innovation to drive development; fourth, to meet the needs of resource and environmental challenges.

How to transform? The "Opinions" proposed that the development orientation of the national economic development zone in the new era should achieve "three become", that is, become an important carrier to promote regional economic development and implement regional development strategies, and become a new open economic system and foster new foreign investment attraction. The leader of the superiority has become a demonstration zone for technological innovation drive and green intensive development. At the same time, the "Opinions" clarify that the national-level economic development zone should complete the "four transformations" in terms of development concepts, development models, and management methods.

Establishing an exit mechanism for the opening of the zone

In the "Opinions", it is proposed for the first time to implement dynamic management of the national economic development zone.

Qiu Lixin explained that the development of the national economic development zone is very good overall. However, in the future development, it is not excluded that individual state-level development zones will lag behind for a long time or major environmental problems, or social stability, or other problems, there should be an exit mechanism. At the same time, for some well-developed provincial-level development zones, there are conditions, especially those with relatively high development levels and obvious features, which have reached the level of national-level development zones to be upgraded.

It is reported that the relevant departments are currently studying the evaluation criteria for the upgrade of provincial development zones, but there will be a total limit and requirements.

“The national economic development zone is a gold-plated signboard for investment promotion. We must protect it and increase its gold content.” Qiu Lixin said.

Investment must comply with eight regulations

In recent years, in order to attract investment, some extravagance and waste have been reported frequently. Last year, the People’s Daily exposed the cost of a mainland-based investment promotion group in Hong Kong. The breakfast was worth a thousand yuan, making Hong Kong businessmen stunned.

In the "Opinions" issued recently, the standardized management of development zones has been mentioned many times. Qiu Lixin said that in addition to complying with national regulations, the standardized management of investment zones in the development zone may also meet other relevant requirements. For example, the central eight regulations prohibit luxury investment or extravagance.

In addition, the "Opinions" also encourages the national economic development zone to use industry as a link to promote the development of the eastern, central and western regions, and to transfer some industries that are not suitable for development in the east, but can still develop in the central and western regions, to the central and western regions in an orderly manner. Promote the coordinated development of our country's regional economy.

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