China (Shaanxi) Pilot Free Trade Zone Promotion Conference Opened in Singapore
China (Shaanxi) Pilot Free Trade Zone Promotion Conference Opened in Singapore
Date: 2017-11-24

China (Shaanxi) Pilot Free Trade Zone Promotion Conference Opened in Singapore 

 

Shaanxi delegation continued the 7th Shaanxi-Guangdong-Hong Kong-Macao Economic Cooperation Week in Singapore and held China (Shaanxi) Pilot Free Trade Zone Promotion Conference on the afternoon of Nov. 20. Over 200 representatives from local governments, financial institutions and renowned enterprises attended the conference.

The establishment of the China (Shaanxi) Pilot Free Trade Zone approved by the State Council enabled Shaanxi to stand at the forefront in the new round of opening-up. Through preparation and operation, the Free Trade Zone quickened its step to put in place the reform of “streamlining administration and delegating power”, expanded trials to separate operating permits and business licenses and endeavored to shape a legal, international and convenient business climate to establish a high-level pilot free trade zone with convenient investment and business conditions, high-end enterprise clusters, excellent financial service and deep people-to-people exchange as its goals. The reasons why Shaanxi delegation launched the promotion and matchmaking activities in Singapore were to draw experience and practice from its pilot free trade zone construction and promote further development of economic and business cooperation in Shaanxi under the guidance of joint consultation, joint contribution and shared benefits.

Deputy Director of International Enterprise Singapore made a point that there existed sound economic and trade exchanges between Singapore and Shaanxi. The establishment of the China (Shaanxi) Pilot Free Trade Zone has provided a broader space for both parties to conduct key cooperation in the fields of transportation, logistics, financial service, education and personnel training. As one of the world-renowned trading ports and financial centers, Singapore stands ready to serve as a source of references and experience when it comes to the zone’s pursuit of innovation-driven development. He also hoped that the enterprises of both parties would seize the opportunity to achieve win-win outcomes.

At the promotion conference, the China (Shaanxi) Pilot Free Trade Zone Office, with a theme on “New Starting Point on the Silk Road and New Highland for the Reform and Opening up”, prioritized the promotion of the Zone’s construction and planning, key industries and institutional innovation; the office also launched key promotion on practical cooperation in such sectors as investment, service trade, culture, finance and logistics.

 

 

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