“Invest Liaoning”Platform Promotes Integrated Development of Liaoning’s Open Economy

By Lily Wang

On May 11， the “Invest Liaoning” con- ference， organized by the CCPIT Liaoning and Touzhong （Liaoning） Corporate Service Co. ltd， was held in Dalian both on-site and through live broadcast. Representatives from 37 overseas trade and economic institutions in China attended the event.

The “Invest Liaoning” platform is a part of the CCPIT “Invest China” platform and is a key program of the CCPIT Liaoning during the 14th Five-year plan period. After one-year of trial operation， the platform has passed testing in terms of efficiency， effectiveness and reliability. At the conference the “Invest Liaoning” platform was officially launched.

Provide a real “one-stop” for services

Pang Baoguo， Party Secretary and Chairman of the CCPIT Liaoning， said that CCPIT Liaoning has put great effort into the construction of “Digital Liaoning， Build the province with intelligent manufacturing，” and created the “Invest Liaoning” digital public service platform through cooperation between the CCPIT and enterprises. The platform aims to better serve business and foreign trade of Liaoning. The CCPIT also issued the“Invest Liaoning” policy map and industry map to help global investors better understand China and Liaoning.

Pang Baoguo said that the “Invest Liaoning”platform will become a policy expert and investment consultant for both foreign and domestic companies， to add new momentum to the integrated development of the Liaonings open economy.

Carolina de Velde， Chief Representative of the NCH office in Dalian， said that the Netherlands attaches great importance to trade business with Liaoning. Since its foundation， the NCH Dalian office has done a lot of work in promoting friendly communications between the two parties and achieved great accomplishments. De Velde said that she believed “Invest Liaoning” will help Dutch companies do business in Liaoning.

So far the “Invest Liaoning” platform has signed business attraction cooperation agreements with Shenyang-Fushun New District， the Liaozhong District of Shenyang and the Dalian Free Trade Zone （bonded area）， to attract key projects to Liaoning province. The intended investment has reached RMB 116 billion， and the platform has helped local governments build up business attraction platforms like “Invest Jinpu”， “Invest Liaozhong” and “Invest Dalian Free Trade Zone”， which received a positive public response.

It is said that for the next step， the “Invest Liaoning” platform will adhere to the principle of“cooperation between the CCPIT and enterprises and market-oriented operation.” It will help local governments build professional business attractiveness and investment promotion platforms to improve business attraction efficiency. On top of that， the “Invest Liaoning” platform is expected to work with foreign trade promotion agencies in Liaoning to create a “green channel” and provide a onestop shop for professional services for foreign trade enterprises.

The conference also featured several other events： the “Invest Liaoning” forum， the opening ceremony for the integrations of the “Invest Liaoning” platform with Dalian Xinghai Center， the Dalian Basis Trade Business Service Center， the Foreign Business Service Center and the “Invest Dalian Free Trade Zone” center； the opening ceremony for the CCPIT （Liaoning） Free Trade Experiment Zone Service Center and the CCPIT Business Environment Supervision （Liaoning） Center； and the founding ceremony for the trade and economic office of the CCOIC Liaoning in Russias far east region， and the CCPIT Liaoning Polemers Industry Branch. The conference also featured promotion activities for Dandong Border Trade Policy and Shenyang-Fushun Reform and Innovation Demonstration Area.

Key programs have clear targets

Liaonings key areas and key projects were also promoted at the conference.

Chen Hongping， Party Secretary and chairman of the CCPIT Dandong， introduced Dandongs border trade conditions. Dandong is the only national border trade and import product processing pilot city of Liaoning Province. Nowadays the national government has been issuing more favorable policies for the border trade. The policy orientation has extended from self-use of traded goods to developing the manufacturing industry to help people earn money； the business model has expanded from single trade to the trade+processing model； regarding market entities， only people living along borders were covered by the policy in the past， and now the mutual assistance group， border people economic groups and manufacturing companies are newly covered by the policy.

The policy has the following bonus： first， if goods are imported through border trade （except those products listed in the list of no tax exemption）， and the daily trade amount per person is less than RMB 8，000， goods will be exempt from import tariffs and import-related tax； if the daily amount exceeds RMB 8，000， the import tariff and import-related tax will be levied on the excess part in accordance with regulations. Second， for different types of landed processing goods， if the finished products have more than 20% added value， these products will enjoy input VAT reductions at a different rate and be able to sell in the domestic market； high-tech companies will enjoy more preferential policies.

Dandong has taken the innovative development of border trade as a driving force for the expansion of opening-up and highquality development. Based on the policy advantages of border trade， Dandong will set up an innovation development zone of border trade in the port industry area during the period of the 14th Five-Year Plan， and establish an innovative pilot zone based on four major functional districts. It will also create a high-level border opening platform featuring border trade， manufacturing， production services and logistics procurement， and build a new international land-sea trade corridor.

At the same time， Dandong will take highend equipment manufacturing， precision electronics and medical industry in Japan and South Korea as a benchmark， and apply for comprehensive bonded functions and policies for a border trade innovation development zone. Dandong will also innovate supervision methods， and integrate the border trade landed manufacturing policy and comprehensive bonded policy， to fully use the resources of both domestic and international markets and promote the high-quality development of the industries.

Zhang Bin， Deputy Director of the Openingup Cooperation Bureau of Shenyang-Fushun Reform and Innovation Demonstration Zone Management Committee， introduced the basic conditions of the Shenyang-Fushun Demonstration Zone. The Shenyang-Fushun Demonstra-tion Zone is located in the east of Shenyang and adjacent to Fushun. It is at the center of Northeast Asia and the core area of an old industrial base in Northeast China. The demonstration zone has an evident geographical advantage， with a total space of 285 square kilometers， 25 kilometers away from Taoxian International Airport and 200 kilometers away from Yingkou port.

The Shenyang-Fushun Demonstration Zone focuses on a new science and technology frontier， the directions of national encouraging industry policies and weak links of Liaonings industrial development. It has clarified key development industries represented by new-generation IT （AI） and modern production-based services industry. It also confirmed six leading industries， including digital economy， information technology application and equipment， intelligent manufacturing， life and health， new materials and hydrogen energy， and the modern service industry.

Zhang Bin said that from January to March this year， the total industrial output of ShenyangFushun Demonstration Zone increased by 8.2% from last year， investment in fixed assets increased by 33.5%， and tax revenue grew by 23.9%. The demonstration zone achieved “one seal for all approval affairs”， and first launched a credit commitment approval mechanism in Liaoning to promote“license registration upon notification.” Now， the demonstration zones relief fund has increased to RMB 200 million， and is expected to further increase to RMB 500 million. It has allocated RMB 270 million of relief fund to aid enterprises and improve the competitiveness of the market entities of the region，” said Zhang Bin.