Aerial photo taken on Feb. 19, 2021 shows the automatic dock of the Qingdao port in Qingdao, east China's Shandong Province. (Photo by Zhang Jingang/Xinhua)
BEIJING, June 25 (Xinhua) -- The Qingdao Area of China (Shandong) Pilot Free Trade Zone (FTZ) in east China's Shandong Province on Thursday released the world's first FTZ green development index system to boost green development within the area, reported Shanghai Securities News Friday quoting Dazhong Daily.
The move marks a new and important breakthrough in institutional innovation in the area, which will lead FTZs around the globe in pursuing a new model of green and low-carbon ecological development.
The system has set up 40 major items in 12 categories, covering green trade, green port and shipping logistics, and green industry, etc. Among them, 29 indicators reflect China's latest green development policies, and 27 have reached the international leading level.
The system aims at reducing the carbon emission intensity target of the Qingdao Area of Shandong FTZ by 74 percent compared with the national average level by 2027, and achieving the goals of peaking carbon emissions and carbon neutrality ahead of schedule.
In industry, trade, innovation and other categories, the setting of indicators has highlighted the intelligent and green operation of the ports in the Qingdao Area, and characteristic indicators such as the proportion of green logistics facilities and the application proportion of big data in shipping logistics have been set.
To emphasize marine features and industrial innovation, indicators such as the proportion of research and development (R&D) investment in emerging industries in GDP and the proportion of added value of smart manufacturing industries in GDP have also been set.
The system has also put forward FTZ-specific indicators, including the proportion of green financial institutions, and the proportion of emerging service trade in total service trade, etc.
(Edited by Gu Shanshan with Xinhua Silk Road, gushanshan.1987@163.com)
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