Since the establishment of the "Two Zones", Shunyi District has made 63 policy breakthroughs, 14 of which are typically initial releases throughout the country, including aviation material sharing and intellectual property securitization. A number of new formats and models of the service industry have been developed in the field of cultural trade and cross-border e-commerce.
The innovative regulation system of "bonded logistics based on supply chain" has been successfully filed with the General Administration of Customs of the People's Republic of China, which is a pioneering policy launched in Tianzhu Free Trade Zone. According to this innovative policy, under the unified supervision of Beijing Customs Area, China Aviation Supplies Holding Company may apply once for filing, declaration and final approval of bonded logistics supervision that allows free flow of bonded aviation materials among eight domestic ports. At present, it has realized smooth flow and operation of bonded aviation materials in the five ports in Beijing, Kunming, Shanghai, Chengdu and Xi'an, and saved duplicated investment of USD 20 million to USD 30 million for evert USD 100 million worth aviation materials for associated airlines.
In addition, the initial pilot on the policy linkage of "duty-free, bonded and cross-border e-commerce", "Beijing model" of cross-border e-commerce sales of pharmaceutical products, "quick pass" at checkpoints based on intelligent supervision system... More "ice-breaking" policies helped a series of national pioneering projects or pilot programs to take root in Shunyi, serving as new driving forces to promote high-quality economic development.
Shunyi Cluster of China (Beijing) Pilot Free Trade Zone has reportedly reserved 193 potential projects, with an estimated total investment of CNY 111.5 billion, while 105 of the reserved projects have been signed. Since last October, a total of 3,796 new businesses have registered in Shunyi Cluster.
The newly introduced enterprise Yaodouwang.com has attracted over 100 million yuan of foreign investment in the C round of financing, which is the first domestic enterprise in Shunyi attracting more than 100 million dollars of foreign investment since the construction of the "Two Zones" was started. The first cross-border e-commerce self-pickup store wholly introduced into Shunyi has opened, at which consumers can buy imported drugs from Germany on the spot and complete customs clearance within just three minutes. The national standardization pilot project for cross-border trade facilitation in Beijing Tianzhu Bonded Area has been successfully launched, establishing a standards system of cross-border trade facilitation around the whole process of importing drugs and instruments through customs clearance. The bonded area has formulated and implemented some key standards, including "“one-stop service platform", random inspection of customs clearance, warehouse access management, warehouse occupancy supervision and port management.
Shunyi District has also made efforts in judicial services and intellectual property protection to consistently optimize business environment and promote the high-level opening-up.
In terms of judicial services, Shunyi District Court takes the initiative in Beijing to issue the Opinions on Providing Judicial Services and Protection for the Construction of the "Two Zones". Tianzhu Court sets up a foreign-related civil trial team composed by members all with master's degree in law and TEM-8 certificate, which are specifically responsible for foreign-related civil cases. At the same time, "bilingual service window" is set up to provide comprehensive bilingual litigation guidelines from filing to appeal.
In terms of intellectual property rights, a risk disposal capital pool for intellectual property-pledged loans has been implemented. The capital pool was jointly built by Shunyi District People’s Government of Beijing Municipality and Beijing IP Operation and Management Co., Ltd., following the operation principle of "Government guidance, social cooperation, market operation, and risk sharing". Risk compensation is offered to enterprises with patents as their main pledges, so that more financial institutions will support patent pledge financing for sci-tech enterprises, further addressing financing difficulties for sci-tech enterprises in Shunyi District and injecting new vitality into scientific and technological innovation.
(Source: Beijing Daily)