Home Approaching to the Free Trade Zone Introduction to Zhengzhou Free Trade Zone

Strategic Positioning of Zhengzhou Free Trade Zone

Building China (Henan) Pilot Free Trade Zone is a major decision made by the CPC Central Committee and the State Council, and a major initiative deepening reform, opening up and promoting “Belt and Road” Initiative overall development at home and abroad under the new background. According to China (Henan) Free Trade Zone Program, Zhengzhou, Kaifeng and Luoyang areas were established as pilot districts.

Zhengzhou area takes system innovation as the core and reproducible as basic requirement, accelerates the construction of north-south and east-west modern three-dimensional transport system and modern logistics system, builds Zhengzhou provincial Free Trade Zone into a modern comprehensive transport hub, comprehensive reform and opening up trial zone and inland open economy demonstration area serving the construction of “Belt and Road” Initiative. Give full play to multiple national strategic advantages, enhance domestic influence as well as domestic and international resources integration, shoulder the responsibilities of leading the development of central plains city group and supporting the rise of central region, speed up the construction of national central city.

Development Goals of Zhengzhou Free Trade Zone

After three to five years of reform and exploration, Zhengzhou will form an institutional innovation system in line with international investment and trade rules, create international, market-oriented, legalized business environment, construct a new open hub-model economic system, cultivate new international cooperation and competition advantages, build Zhengzhou area into a new benchmark of inland Free Trade Zone with convenient investment and trade, complete hub function, agglomerated high-end industries, sound service system, efficient and convenient regulatory, standard legal environment and remarkable radiation and driving effects.

Main Tasks of Zhengzhou Free Trade Zone

Give priority to following six major reform measures: First, transform government functions to build a legalized, international and convenient business environment; second, speed up the formation of a new efficient and convenient regulatory model and guarantee the facilitation of investment and trade by taking the actual needs of regional market players into account; third, give full play to Zhengzhou regional advantages, build comprehensive first-class international hubs, construct a major hub along the “Belt and Road” Initiative; fourth, strengthen the transport hub function integration, cultivate high-energy industrial clusters and new trade format; fifth, attract the agglomeration of international innovation elements, achieve interactive development between the Free Trade Zone and Self-dependent Innovation Area; sixth, reinforce regional radiation and driving function to form a new pattern leading the collaborative development of Central Plains Economic Zone.