Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Agricultural Development Bank of China
News for Outlets

Opening-up, industrial development injects impetus into east China's Anhui FTZ

August 17, 2021


Abstract : The Pilot Free Trade Zone (FTZ) in east China's Anhui Province has achieved fruitful results in industrial development through deepening reform and opening-up since it was inaugurated in September last year, reported Anhui Daily Monday.

XxjpbeE007457_20210808_PEPFN0A001_720x720.JPG

Aerial photo taken on Aug. 7, 2021 shows the night view of the Yangtze River 180 art district in HefeiCity of east China's AnhuiProvince. (Photo by Xie Chen/Xinhua)

BEIJING, Aug. 17 (Xinhua) – The Pilot Free Trade Zone (FTZ) in east China's Anhui Province has achieved fruitful results in industrial development through deepening reform and opening-up since it was inaugurated in September last year, reported Anhui Daily Monday.

By the end of June this year, Anhui FTZ has witnessed the settlement of 8,059 newly established enterprises and the signing of 658 major projects with a total investment of 417.64 billion yuan, marking accelerated paces of the dividends of reform and opening-up.

In addition to exploring institutional innovations in integrated circuits, quantum information technology, international freight service, and new material production, the FTZ is also strengthening its attraction to global technology, talent, and financial resources.

Anhui Province also continued to expand reform and opening-up in advanced manufacturing, science and technology, telecommunication, and other sectors.

Thanks to its geographic advantages, Anhui Province is vigorously enhancing trade development such as cross-border e-commerce and market procurement. In the first half of the year, the province's foreign trade volume reached 73.02 billion yuan, up 1.4 times from the same period last year.

Efforts have also been made in strengthening scientific innovation, attracting talents, and promoting financial opening-up. For example, Anhui Province has relaxed the restriction on the foreign shareholding ratio of financial institutions to attract more high-quality companies to settle in Anhui FTZ.

(Edited by Jiang Feifan with Xinhua Silk Road, 346129473@qq.com)

Scan the QR code and push it to your mobile phone

Keyword: FTZ Anhui

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial