Tempo de leitura: 4 minutos<\/small><\/p> \n
Enthusiasm is creeping ahead of reality as Shanghai makes plans to further develop its free-trade zone into a Hong Kong-style free marketplace. And while there is no concrete operating guide to work from, officials, researchers and company executives are in consensus that the city will need to expand the size of the free-trade zone, liberalise yuan capital accounts, loosen customs requirements and grant free visas to business travellers as it edges closer to becoming a global financial and shipping hub.<\/p>\n\n\n\n
\u201cA free-trade port can\u2019t be built overnight,\u201d said Chen Bo, a professor at the Huazhong University of Science and Technology. \u201cThe geographic size doesn\u2019t appear to be a main concern since the central government will allow the free-trade zone to expand once the top officials are convinced of the merits of the policies.\u201d<\/p>\n\n\n\n
Chen, also an adviser to the local government on policymaking, said visa rules would also be eased to attract more businesspeople to the free-trade port, an upgraded version of the existing zone. The free-trade zone presently covers a total area of more than 120 square kilometres, more than fourfold its initial size of 28.78 square kilometres when it was established in 2013.<\/p>\n\n\n\n
But this still does not amount to a thriving free market on par with international cities such as Hong Kong and Singapore. And the national financial authorities have yet to make the yuan fully convertible under the capital account, a stumbling block to the freer cross-border flow of capital. Two officials with the local port authority said a Hong Kong-style free market remained a far cry despite a step up in efforts by Shanghai to hone the image of its free-trade zone.<\/p>\n\n\n\n
When the city launched the zone four years ago, local officials aimed to transform it into a mini Hong Kong, where businesses from around the world could freely conduct commodity trading and carry out investments without customs regulations and foreign exchange controls. But the free-trade zone, the first of its kind on the mainland, failed to live up to expectations amid slow progress in liberalising the yuan and limited space for large-scale foreign businesses to set up their production facilities.<\/p>\n\n\n\n
\u201cThe pace of conducting pilot reform measures on capital flows and financing should be accelerated to reinforce the development of the free-trade port,\u201d said Liu Xuezhi, an analyst with the Bank of Communications. \u201cThe measures will be of great significance to the country\u2019s further opening up. \u201dThe pace of conducting pilot reform measures on capital flows and financing should be accelerated to reinforce the development of the free-trade port.<\/p>\n\n\n\n
A free-trade port allows goods and capital to flow in and out freely, without import duties being charged. And except for businesses included in a \u201cnegative list\u201d, all investments can be made in the zone without going through the government\u2019s approval procedures.<\/p>\n\n\n\n
China\u2019s vice-premier, Wang Yang, has backed mainland cities including Shanghai to build free-trade hubs in line with international practices. A local official said detailed plans to develop the free-trade port are likely to be unveiled \u201cvery soon\u201d, but declined to disclose details.<\/p>\n\n\n\n
\u201cShanghai already has the most advanced facilities in the world to handle cargo, and the city is in the process of fine-tuning its system of customs clearances and financial services,\u201d said Xiao Yingjie, the president of the Merchant Marine College at Shanghai Maritime University. \u201cThe city is prepared for an increasing volume of cargo flows amid the rising international profile of the Chinese economy.\u201d<\/p>\n\n\n\n
In December, Shanghai International Port (Group), the city\u2019s main public terminal operator, started operations at seven new berths at Yangshan deep-water port, an additional capacity of 4 million twenty foot equivalent units. The new berths, which cost 12.8 billion yuan (US$1.94 billion), have 130 automated guided vehicles, the largest fleet of any container terminal worldwide.<\/p>\n\n\n\n
Huazhong University of Science and Technology\u2019s Chen suggested that authorities fully acknowledge the \u201coffshore\u201d status of the free-trade port, giving domestic and foreign companies a free hand to trade and manufacture goods in the territory.<\/p>\n\n\n\n
\u201cPreferential taxation policies in the free-trade port are also expected,\u201d he said. \u201cRelevant policies to make the free-trade port an investor-friendly place are key to success.\u201d<\/p>\n\n\n\n
Chinese President Xi Jinping said in March the mainland\u2019s 11 existing free-trade zones would explore ways to build free-trade ports.\u201cThere will be some progress, but in a gradual process and at an orderly pace,\u201d said Chen.\u00a0\u201cThis is the way Chinese governments implement major reforms.\u201d<\/p>\n\n\n\n
Leia mais<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" 4 minutos<\/small> Enthusiasm is creeping ahead of reality as Shanghai makes plans to further develop its free-trade zone into a Hong Kong-style free marketplace. And while there is no concrete operating guide to work from, officials, researchers and company executives are in consensus that the city will need to expand the size of the free-trade zone, liberalise yuan capital accounts, loosen customs requirements and grant free visas to business travellers as it edges closer to becoming a global financial and shipping hub. \u201cA free-trade Continue lendo<\/span>\u2192<\/a><\/p>\n","protected":false},"author":4,"featured_media":3104,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["entry","author-adm_hb2018","post-3103","post","type-post","status-publish","format-standard","has-post-thumbnail","category-noticias"],"_links":{"self":[{"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/posts\/3103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/comments?post=3103"}],"version-history":[{"count":1,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/posts\/3103\/revisions"}],"predecessor-version":[{"id":3105,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/posts\/3103\/revisions\/3105"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/media\/3104"}],"wp:attachment":[{"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/media?parent=3103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/categories?post=3103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/tags?post=3103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}