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  • Yiwu International Trade Comprehensive Reform Pilot Area was Founded

  • Source:Yiwu · China Commodity Index Author:Yiwu · China Commodity Index 2019-03-25
  •    On February 27th, 2019, the Management Committee of Yiwu International Trade Comprehensive Reform Pilot Area was founded in Yiwu, thus the first provincial international trade reform pilot area in China was born. And then later at the first meeting of the leading group of Yiwu International Trade Comprehensive Reform Pilot Area and the mobilization meeting of the Pilot Area, the five-year implementation plan and the key work of this year were clearly defined, which indicated the start of the comprehensive construction of Yiwu International Trade Comprehensive Reform Pilot Area (hereinafter referred to as "the Pilot Area").
        Since the pilot project of comprehensive international trade reform in Yiwu was approved and implemented by the State Council in 2011, Yiwu has made bold explorations, pioneered trials and made a series of major reform breakthroughs in key areas and key links of international trade, which has provided useful experience and made important contributions to promote the transformation of the mode of foreign trade development throughout the Zhejiang province even China and build an open economic system. The breakthroughs include the following aspects: take the lead in exploring the trade facilitation mechanism in line with the characteristics of small commodities; open up new channels for small and medium enterprises to move towards the international market; take the initiative to serve the state and the province's opening strategy; form a new pattern of docking "the Belt and Road" construction; innovate the market transformation mechanism; enhance the radiation power of "buy globally and sell globally"; pay attention to the reform of system integration, and promote the reform of all sectors of the economy and society.
        The construction of the Pilot Area this time will bring three advantages to Yiwu: first, it is allowed to try first. The Pilot Area will focus on "free trade" to promote the innovation of market, manufacturing, logistics and financial services and R&D in the import, export and re-export sectors. Second, it is given full authorization. The Standing Committee of Provincial People's Congress will study and formulate relevant regulations for the construction of the Pilot Area, carry out the reform of the "filling system" to give provincial authorization for the Pilot Area and increase resources and policy inclination. And the third, the development space is expanded. The Pilot Area will improve the mechanism of regional coordinated development, promote regional innovation in space, actively strive for support at the national level, and effectively solve the problems of development space.