Interpretation of the Four Privileges and Five Policies of the Beibu Gulf

Guangxi Beibu Gulf Economic Zone is the only region in China that enjoys the national western development policy, coastal opening policy, ethnic minority policy, and border area opening policy at the same time. It is a key development area determined by the country’s main functional zoning. One of the areas with the richest preferential policies in the country. The state provides necessary support to the Beibu Gulf Economic Zone in terms of relevant planning, major project layout, project approval, verification, and filing, and encourages the eastern region to drive and help the development of the Beibu Gulf Economic Zone; supports the establishment of the Beibu Gulf Economic Zone in qualified areas Bonded port areas, comprehensive bonded zones and bonded logistics centers will expand the bonded logistics functions of export processing zones; support the establishment of local banks in the Beibu Gulf region, explore the establishment of industrial investment funds and venture capital enterprises, expand the scale of corporate bond issuance, and support qualified enterprises Issue corporate bonds; support the Beibu Gulf Economic Zone in playing a demonstration role in open cooperation, promote pan-Beibu Gulf economic cooperation to become a new sub-regional cooperation under the China-ASEAN cooperation framework, strengthen transportation, marine industry, agriculture, forestry and fishery, energy development, transnational tourism, We will formulate plans for key cooperation areas such as ecological and environmental protection, and accelerate the implementation of cooperation projects. Nanning will be built into a platform for the ASEAN Free Trade Area. That is, the current "Cambodia, Brunei, India, Philippines, Myanmar, Vietnam, Laos, Singapore, Malaysia, and Thailand", plus China, form ASEAN ten plus one. In terms of population, ASEAN is now the world's largest economic alliance with a population of 1.8 billion. It has the broadest market prospects and a huge consumer market. Nanning has established the ASEAN Free Trade Area Business Zone in Langdong New District, where various countries have established business offices and consulates. Nanning has become the starting point of the ASEAN Golden Corridor and is a gilded city. The state strongly supports the opening and development of the Beibu Gulf Economic Zone and clearly provides policy support in five major aspects: (1) Policy support in comprehensive supporting reforms. The "Plan" proposes to boldly experiment, pioneer and innovate, promote comprehensive supporting reforms such as the administrative governance system, market system, and land governance system, accelerate the transformation of government functions, innovate the economic zone governance model, deepen the reform of the investment and financing system, and increase the integration of ports and other resources wait. (2) It is policy support for the layout of major projects. The state encourages the eastern region to drive and participate in the integration of the Guangxi Beibu Gulf Economic Zone by providing support for relevant planning, major project layout, and project approval, approval, and filing. (3) It is policy support in the bonded logistics system. The state supports the Beibu Gulf Economic Zone in establishing bonded port areas, comprehensive bonded areas and bonded logistics centers in qualified areas, and expanding the bonded logistics functions of export processing zones. (4) It is policy support in financial reform. The state supports the establishment of local banks in the Beibu Gulf region, explores the establishment of industrial investment funds and venture capital enterprises, expands the scale of corporate bond issuance, and supports qualified companies to issue corporate bonds. (5) It is policy support in terms of open cooperation. The state supports the Beibu Gulf Economic Zone in playing a demonstration role in open cooperation, promotes pan-Beibu Gulf economic cooperation to become a new sub-regional cooperation under the China-ASEAN cooperation framework, establishes and improves open cooperation mechanisms, and accelerates the implementation of cooperation projects. In order to vigorously develop Nanning, the country has given Nanning four privileges: 1) Diplomatic power: a mayor in Nanning can negotiate with heads of state in ASEAN. 2) Land use rights: In the Langdong area of ??Nanning, a new Nanning urban area will be built, with an area similar to the old city of Nanning. The ten ASEAN countries will establish their own business districts and consulates in this area. 3) Policy-making power: Nanning can formulate local policies. As long as they do not conflict with national laws, the policies are very favorable and loose. 4) Right to financial innovation: Nanning is a pilot city for pilot innovation in the reform of the national financial system. It is recommended to collect the five golden policies of Beibu Gulf. Guangxi Beibu Gulf Economic Zone is the only region in China that enjoys the national western development policy, coastal opening policy, ethnic minority policy, and border area opening policy. It is a key development area determined by the country's main functional zoning. One of the areas with the richest preferential policies in the country. The state provides necessary support to the Beibu Gulf Economic Zone in terms of relevant planning, major project layout, project approval, verification, and filing, and encourages the eastern region to drive and help the development of the Beibu Gulf Economic Zone; supports the establishment of the Beibu Gulf Economic Zone in qualified areas Bonded port areas, comprehensive bonded zones and bonded logistics centers will expand the bonded logistics functions of export processing zones; support the establishment of local banks in the Beibu Gulf region, explore the establishment of industrial investment funds and venture capital enterprises, expand the scale of corporate bond issuance, and support qualified enterprises Issue corporate bonds; support the Beibu Gulf Economic Zone in playing a demonstration role in open cooperation, promote pan-Beibu Gulf economic cooperation to become a new sub-regional cooperation under the China-ASEAN cooperation framework, strengthen transportation, marine industry, agriculture, forestry and fishery, energy development, transnational tourism, We will formulate plans for key cooperation areas such as ecological and environmental protection, and accelerate the implementation of cooperation projects. The state strongly supports the opening and development of the Beibu Gulf Economic Zone and clearly provides policy support in five major areas: (1) Policy support for comprehensive supporting reforms. The "Plan" proposes to boldly experiment, pioneer and innovate, promote comprehensive supporting reforms such as the administrative governance system, market system, and land governance system, accelerate the transformation of government functions, innovate the economic zone governance model, deepen the reform of the investment and financing system, and increase the integration of ports and other resources wait. (2) It is policy support for the layout of major projects.

The state encourages the eastern region to drive and participate in the integration of the Guangxi Beibu Gulf Economic Zone by providing support for relevant planning, major project layout, and project approval, approval, and filing. (3) It is policy support in the bonded logistics system. The state supports the Beibu Gulf Economic Zone in establishing bonded port areas, comprehensive bonded areas and bonded logistics centers in qualified areas, and expanding the bonded logistics functions of export processing zones. (4) It is policy support in financial reform. The state supports the establishment of local banks in the Beibu Gulf region, explores the establishment of industrial investment funds and venture capital enterprises, expands the scale of corporate bond issuance, and supports qualified companies to issue corporate bonds. (5) It is policy support in terms of open cooperation.

The state supports the Beibu Gulf Economic Zone in playing a demonstration role in open cooperation and promotes pan-Beibu Gulf economic cooperation to become China