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Guangdong, Hong Kong and Macao Free Trade Zone

Guangdong, Hong Kong and Macao Free Trade Zone

Update Date:2018-10-22 19:36:07     Source:www.3737580.com     Views:539

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The free trade area of guangdong, consisted  the Guangzhou Nansha  , Shenzhen Qianhai and Zhuhai Hengqin, three big platforms to be built a regional free trade area, its position is given full advantages to play a  big role of Hong Kong, promoting  the development of the Pearl River Delta.

 

On November 16, 2013, "Chinese development new stage: the position and role of Hong Kong and Macao"is foucus on  international symposium on mainly discusses problem of the free trade area of Guangdong.In December 2013, Guangdong disclosure program, free trade zone, imitation Shanghai make negative list.

On March 24, 2015, the politburo reviewed by guangdong (three big areas: guangzhou nansha free trade zone, shenzhen shekou) free trade zone, zhuhai hengqin free trade zone, tianjin, fujian free trade area overall plan, further deepening the reform of Shanghai free trade area is open.

Between Guangdong, Hong Kong and Macao to free trade zone is the three areas to realize the combination of building the free trade zone, and based on the Shanghai international financial center of Shanghai free trade zone in financial reform, a free trade zone of guangdong more focused on foreign, focusing on guangdong and Hong Kong and Macao, economic ties, more focus on the Pearl River Delta regional economic integration。

Compared with Shanghai in the Yangtze River Delta urban agglomeration clueless, a free trade area of guangdong is more like a combination of the three big developed areas, complementary advantages.Therefore, a free trade zone of guangdong is not the continuation of China (Shanghai) free trade area, but the two completely different pilot.

cover places 
A free trade zone of guangdong will cover China's economy the most developed of the three provinces of guangdong, Hong Kong, macau, with nansha, hengqin, sea before the three platforms and baiyun airport area

significans

Unlike China (Shanghai) free trade area, a free trade zone will be distributed in several cities of guangdong, radiation is wider, the forward will have the effect of integration of the pearl river delta urban agglomeration

Functions

For Hong Kong and Macao regions, the meaning of a free trade area of guangdong is more significant.For Hong Kong and Macao region of guangdong province in 2012 exports accounted for 34% of total exports, imports from Hong Kong and Macao regions is less than 4%.Hong Kong Macao's future development must rely on the mainland's economic growth, more directly dependent on economic ties with guangdong, realize regional economic integration through free trade area will make full use of scale, scope, advantages, greatly promote the development of Hong Kong and Macao regions.
And, more importantly, the main factors of the development of Hong Kong and Macao region is limited land and expensive labor, and these resources are in guangdong province.The establishment of free trade area is equivalent to indirectly extends the administrative regions of Hong Kong and Macao region, and provides a relatively cheap labor for Hong Kong and Macao, Hong Kong and Macao will obtain new vitality

Characteristics


regional


A free trade area of guangdong belongs to regional free trade area, rather than as Shanghai international and bilateral free trade area;Take advantage of the Hong Kong and extended to the pearl river delta and south China will cooperation.The standpoint of guangdong cooperation will be decided by the state, mainly around the service trade liberalization and investment facilitation, financial innovation and other aspects of cooperation.Guangdong through three (nansha, former sea, hengqin) platform, more actively promote economic cooperation, especially the RMB business.[4]
advantage


First of all, the CEPA agreement provide policy support for a free trade area of guangdong.Since 2003, the mainland and Hong Kong and Macao in trade in goods, trade and investment convenience and service trade liberalization three aspects signed several agreements.After years of development and improvement of guangdong mutually open degree and scope expands unceasingly, for a free trade of guangdong has accumulated rich experience.CEPA core purpose is to realize the regional trade liberalisation, as a free trade area of guangdong set up the policy basis.
Secondly, three new city provide good material base for established a free trade area of guangdong.Guangzhou nansha, zhuhai hengqin development, shenzhen sea before be incorporated in the 12th five-year plan outline, rise for the national strategic development level, the construction of the three new offer a free trade area of guangdong amount to form a solid material foundation.
Finally, from the national level, in the near future is talking about free trade area and asean cooperation in China, due to guangdong province adjacent to the southeast Asia, Hong Kong and Macao to if free trade zone to set up the success, will play an important role in the cooperation with the association of south-east Asian nations (asean).
China asean free trade area can from idea to reality, the main is that it is in the interests of both sides.China asean free trade area of the building, to the development of bilateral, regional and east Asia as a whole have definite, extremely far-reaching influence.Play the advantages of Hong Kong and Macao, can drive the "pan-pearl river delta" of the enterprise towards the world, especially into the association of south-east Asian nations (asean).First of all, using the mediation role of Hong Kong and Macao, can reduce the cost of "pan-pearl river delta" with asean countries.Secondly, the use of Hong Kong and Macao in terms of talent, management, information and service advantages, can expand the "pan-pearl river delta" economic ties with asean countries.

 

The  free trade area of guangdong hengqin nansha sea before editing

Or into the largest free trade area
, director of the institute of Beijing normal university, zhuhai campus financial Tang Shiji analysis, strategically, the future will have more and more free trade area, it is the inevitable path of the economic system reform to deep
On December 8, or the second batch of free trade area, especially the influence of A free trade area of guangdong is approved by the news, the zhuhai port, yantian port, deep chiwan stocks, such as A strong harden;Baiyun airport also rose 3.8%.
According to related reports, guangdong to declare the scheme of a free trade area of guangdong is known as the "3 + 1" mode, will include guangzhou nansha new area, new district of shenzhen sea before, zhuhai hengqin new area, guangzhou baiyun airport comprehensive bonded zones, with a total area of 931.385 square kilometers, by 2020 development area of 295.385 square kilometers, more than 28 square kilometers planning by the Shanghai free trade zone.The plan has been submitted to the state council as early as last December.
Professor of Beijing normal university, zhuhai campus financial institute Tang Shiji accept "securities journal" reporter in an interview, as the economy's largest free trade zone - a free trade area of guangdong should be approved soon, the future will be in "stable Hong Kong Asian financial centre", "Macao, China economy, get rid of the industrial structure of China Macao gaming industry is highly dependent on" play an important role in such aspects.
The body's biggest free trade area
Some media reported that guangdong province is submitted by the free trade zone, guangzhou nansha, shenzhen sea before, zhuhai's hengqin, guangzhou baiyun airport bonded zones "packaged" build "guangdong, hk &macau free trade area";Nansha positioning will be as one of the essences of Hong Kong enterprises in guangdong province in China, hengqin is geared to the needs of Macao, China, the former sea is financial innovation, baiyun airport is similar to Shanghai pudong airport, the location of logistics centers.
A more broad development space for the enterprise not only provides a lot of space for development, also for the storage, processing, such as land financial free trade in the direction of future development has provided a broad space.
Tang Shiji thinks, "guangdong, hk &macau fta's may soon be approved, because the free trade area scheme binding the two special administrative regions of Hong Kong and macau, China, China is a unique geographical location;Well reflects the central intention;On the total economic volume is the largest, equivalent to a number of free trade zone in Shanghai.
Other analysts believe that a free trade area of guangdong will give full play to Hong Kong and Macao in the prominent position in the international economy and the superiority, promote more high-end resources concentrated to the free trade zone, make the development of China's Hong Kong high-end service industry for the new space and a new platform, thus promote the pearl river delta and south China strategic adjustment of economic structure and improve the strategy of the quality of.
Tang Shiji analysis, according to a free trade area of guangdong in the future after approved, can in China from Hong Kong, China, the Macao special administrative region of international status and advantage at the same time, will also play a "stable" Asian financial centre of Hong Kong, China, "" Macao, China economy development, etc.
Tang Shiji introduces, at present, the zhuhai hengqin has legislative power, more than three times the size of macau, China, Hong Kong and Macao to as one of the three largest platform of cooperation, since the end of June this year to start operation after the hengqin has become a material, capital, talent, technology elements such as high efficiency of the free flow of "zone" in the dc.

 

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