Country for PR: China
Contributor: Xinhua News Agency
Thursday, September 09 2021 - 20:15
AsiaNet
China's Northernmost Free Trade Zone Sees Wider Reform and Opening-up
HARBIN, China, Sept. 9, 2021 /Xinhua-AsiaNet/--

August 30 marks the second anniversary of the establishment of Harbin sub-area 
of Heilongjiang pilot free trade zone (FTZ). Over the past two years, a total 
of 8,787 new enterprises have been established in Harbin sub-area. Nearly 
one-third of the enterprises in the whole city are high-tech. The import from 
and export to Russia have doubled... A series of data from the Harbin sub-area 
administrative committee reflect the changes of reform and development in this 
land. 

The Heilongjiang pilot free trade zone (FTZ) is China's northernmost free trade 
zone with a total area of 119.85 square kilometers. The FTZ has three 
sub-areas, with one in the provincial capital of Harbin and the other two in 
the cities of Heihe and Suifenhe on the China-Russia border. 

The Harbin sub-area, located on the bank of the Songhua River, has formulated 
the development plan of building the technology and innovation center, 
financial center, business convention and exhibition center, international 
culture and tourism center, and highland for emerging industrial clusters. It 
also aims to build two industrial clusters with a scale of quasi-100 billion 
yuan and four industrial clusters with a scale of 50 billion yuan, as well as 
boost the agglomeration of industrial parks, such as Shenzhen (Harbin) 
Industrial Park.

"Deepening reform and innovation is the most prominent feature of the free 
trade zone," said Ren Hailong, deputy director of the Harbin sub-area 
administrative committee.

Over the past two years, the Harbin sub-area has imitated 206 reform 
experiences from free trade zones in Shanghai and other places, and accelerated 
its own exploration. Reform measures were initiated to streamline the approval 
processes and enforcement forces, which has attracted a number of large and 
good projects with large scale and sufficient development potential to settle 
down and grow here.

After submitting electronic materials in the industrial park, Ivan Dutkovsky 
received the business license for New Arbat Cultural Development Co., LTD. The 
new approach to cross-border business registration services has saved him a lot 
of round-trip costs.

Harbin Hylink Information Technology Co., Ltd has seen its production value 
soar from 7.26 million yuan in 2016 to 110 million yuan in 2020. The corporate 
headquarter in Shenzhen is moving to Harbin.

Based on its own industrial foundation and comparative advantages, the Harbin 
sub-area has launched a series of policies from the supply side, such as 10 
measures helping enterprises listing. It promises that "the Harbin sub-area can 
have the policies that other areas have; Policies that are not available in 
other regions can be negotiated in the Harbin sub-area."This truly gives way to 
the market and benefits enterprises, further stimulating the market vitality 
and highlighting the agglomeration effect of the free trade zone.

"We have initially formed five industrial clusters with a scale of tens of 
billions yuan in equipment manufacturing, bio-medicine, green food, finance and 
culture and tourism. The bio-medicine industrial cluster has also been approved 
to be listed in the first batch of strategic emerging industrial clusters in 
China." said Ren.

Source: The Administrative Committee of Harbin Sub-area, Heilongjiang Pilot 
Free Trade Zone

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   Caption: Songbei District, Harbin City