China (Shanghai) test area of free trade, free trade is the Chinese regional test area, Shanghai trade area covering Shanghai Waigaoqiao Free Trade Zone, Waigaoqiao Bonded Logistics Park, the Yangshan Bonded Port and Shanghai Pudong Airport Complex Bonded other four customs supervision, a total area of 28.78 square kilometers. Shanghai FTA (Free Trade Zone) will implement the "frontline completely liberalized gradually, safely and efficiently manage and second-tier, regional free movement of goods," the innovative monitoring service mode.
August 2013, the State Council officially approved the establishment of China (Shanghai) free trade test area.
Test area with the traditional free trade free trade zone concept is different. The so-called "free trade" refers to two or more sovereign countries or separate customs territory by signing agreements on an MFN basis in the WTO, further opening up markets to each other, phasing out tariffs and non-tariff barriers most goods, improve services and investment market access conditions, thus forming the liberalization of trade and investment specific area. The Shanghai Free Trade FTA test area belongs to the narrow concept, referring to the territory of a particular country or region, and the establishment of the special supervision of the implementation of preferential tax policies for small specific area. State Council Development Research Center, Zhao Jinping, Vice Minister of Foreign Economic Relations of the "Daily Economic News" reporter, said Shanghai Free Trade Zone is actually a free trade zone, the international community is called EFTA (FTZ), and domestic 100 many special customs supervision areas of the same nature.
Test area of free trade and the domestic bonded zones, export processing zones, bonded logistics park, etc. The difference is more preferential policies, greater openness.
China free trade area, in principle, in the absence of customs "interference" in the case allows goods to import, manufacture and re-export, the government efforts to build an upgraded version of China's economy the most important move, China has approved the establishment and being declared FTA include: China (Shanghai) test area of free trade, free trade, Guangdong Experimental Zone, Xiamen Free Trade test area, the China-ASEAN Free Trade Area and so on.
China (Shanghai) free trade test area is located in Shanghai's Yangshan Bonded Port East, Waigaoqiao Free Trade Zone and Pudong Airport Comprehensive Bonded Zone, an area of only 28 square kilometers, equivalent to Shanghai area of 1/226. However, this piece of land being high hopes, or will become China's new round of reform and opening lever fulcrum.
"China (Shanghai) free trade test area overall program" includes: Shanghai Free Trade Zone range (purple area)
Shanghai Free Trade Zone range (purple area)
1, in the Shanghai FTA pilot RMB capital account openness, and the progressive realization in freely convertible and other financial innovations;
2, the future corporate trade zone in Shanghai completed yuan freely convertible personally temporarily purposes;
3, Shanghai FTA is also likely to be taken step by step promote the RMB freely convertible ways, such as promoting the first overseas investment and domestic capital overseas financing;
4, Shanghai in China to join the FTA Trans-Pacific Partnership Agreement (TPP) negotiations will also play a crucial role, and is expected to become China's first opening to join the TPP window.
China FTA test area Whispering Shanghai is not accidental.
In the State Department's expectations, the Shanghai Free Trade Area will be to promote reform and improve our open economy of the "experimental field", Shanghai FTA is likely to "one country" free trade zone in the form that it took a special regulatory policy and preferential taxation, on a domestic entrepot trade, offshore trade will have a great role in promoting.
By the end of March 2013, Chinese Premier Li Keqiang inspected during the investigation in Shanghai's Waigaoqiao Free Trade Zone in Pudong, and expressed support for Shanghai to encourage active exploration, based on the existing comprehensive Free Trade Zone, to study how the pilot first in the 28 square kilometers within the establishment of a free trade zone test area to further expand opening up, promote the improvement of institutional mechanisms for an open economy.
It is understood that Li Keqiang requires 28 square kilometers is the Shanghai Composite Bonded range, including the 2005 construction of inter-regional cooperation with Zhejiang Yangshan bonded port area, in 1990 the country's first closed the operation of the Shanghai Waigaoqiao Free Trade Zone (including Waigaoqiao Bonded Logistics Park), and in September 2010 started operations in Shanghai Pudong Airport Free Trade Zone.
Shanghai Port Services Office released data show that in 2012, Shanghai Port's foreign trade cargo throughput totaled 360 million tons , an increase of 5.9%, Shanghai continue to maintain cargo and container throughput world's largest port position. Waigaoqiao Port Area completed 15.36 million TEUs, ranking the country for eight consecutive years the highest throughput international shipping port.
It is understood that the "program" will eventually be possible to implement the financial, trade and shipping, five major areas of open policy and management, tax, regulatory and other aspects of the package of five innovation. 
"Free Trade Zone in Shanghai next decade development of immense significance, is the greatest good policy and it is not a simple consumption tax and land appreciation, but Shanghai will truly become a trade and logistics hub in Northeast Asia opportunity and platform." Shanghai Pudong Institute for Reform and Development of a high-level source said.
Welcome innovation in the areas of policy, the financial sector, the most noteworthy feature of the pilot, deputy director of the Shanghai Financial Rights said that since the free trade area covering the financial aspects of the pilot, including interest rate market, freedom of exchange rates, the financial sector's external Open, product innovation, but also involve some offshore business.
In the area of trade, Shanghai Free Trade Zone will implement the "line completely liberalized gradually, safely and efficiently manage and second-tier, regional free movement of goods," the innovative new model of regulatory services, which is compared with the main difference between Shanghai Free Trade Zone.
The so-called "first-line" refers to the border, "second line" refers to the dividing line between the domestic market, which is a free trade zone space boundaries. "First-line release, second tube housing" is currently exploring various bonded upgrade FTA mainstream thinking.
Innovative regulatory approach proposed to frontline supervision focused on the person's supervision, only the necessary port unit inspection and quarantine work; especially Customs regulation will no longer be using the batch mode, while a centralized, classification, electronic monitoring mode .
Shanghai FTA With this mode, you can achieve the free trade zone of people and goods fast and efficient flow. In short, is to simplify procedures, reduce costs, achieve in a free trade zone "outside the customs territory." 
Prime Minister visits
In the end of March 2013 a grassroots inspection, the CPC Central Committee Political Bureau Standing Committee, Premier Li Keqiang is in this piece of land to actively encourage and support the Shanghai bold explorations, on the basis of the existing comprehensive Free Trade Zone, to study how the pilot first, at 28 square kilometers, to establish a free trade test area , to further expand opening up, promote the improvement of institutional mechanisms for an open economy.
Li Keqiang at the forum stressed: "We must use open to expand domestic demand, with an open form Forced mechanism, with the promotion of a new round of reform and opening up."
As a participant forum and speak on behalf of one of five companies, the Shanghai WTO Affairs Consultation Center CEO Wang Xinkui still remember the excitement when you hear the words phrase mood. Sitting in his office, he repeatedly praised, with open promoting reform is a "farsighted strategic plan."
"There is no opening in Shenzhen, how 80 years of reform? Without Pudong open, how reforms of the 1990s?" Wang Xinkui said.
The reopening after the first session of the college students still remember 30 years ago in Hong Kong have been hit. The Chinese University of Hong Kong an ordinary kiosks, he looked at an array of shelves, feel that "life never seen so many products." At that time, closed after 30 years, the country will remain in pace rigid planned economy, only adjacent to Hong Kong, Shenzhen, Shekou Industrial Zone has taken the pace of opening try. Just a few years, that piece of land area of only two square kilometers on a modern high-rise buildings going up, and produced so that people whom dazzling wealth.
With feelings of envy, from 1980 to 1990, Wang Xinkui do not know the way to visit Shenzhen, learning how many times. In the following years, he has also been realized "open" changes brought results: In the 1990s, the development of the Pudong New Area open to the barren land into a prominent position in the international financial center; entering the new century, post-WTO China enterprises in international competition "Yuezhanyueyong", also contributed to China's rapid economic development.
He said: "In his speech, Premier Li Keqiang as repeatedly stressed, open itself gives us a great bonus."
In eighteen closing six days later, Li Keqiang on reform hosted a forum highlighting the "Reform is China's biggest bonus." Became prime minister in the first post-primary research, he seemed highly anticipated new one for people to find a clear reform path - to further expand opening.
Li Keqiang said: "To cope with the challenges of economic globalization, it is necessary through institutional innovation, to expand through reform and opening up, so that the Asia-Pacific regional headquarters of multinational companies can shift to China region, which is a fleeting opportunity."
He said: "China's service sector is still broad space for development, and tremendous employment potential. To develop the service industry, but also with an open to Forced."
He stressed: "China can not be afraid of opening up, to move forward one step. Chinese come to this point, should choose a new open pilot. Shanghai is fully qualified and basic experiments it, use to promote the reform and opening up."
Also at the forum site Several other representatives are looking forward to the further opening of comprehensive Free Trade Zone. Union International Logistics Co., Ltd. Shanghai Chang Feng Xu conscious president with reporters Analysis: open free trade zone is a primer, able to pull other consumer with live throughout Shanghai, the entire Chinese economy; Shanghai Machinery Equipment (Group) Co., Ltd. President , said party secretary Yan Jinshun reviews, which Shanghai is a huge opportunity for the country's future development also will bring demonstration effect.
In Wang Xinkui seems that in the 28 square kilometers of a comprehensive Free Trade Zone on the birth of this new round of opening up, not only for other coastal provinces may provide transition experience in state-owned enterprise reform and approval system reform, investment system reform, etc., will do useful to try and push out.
He said: "Open the last to leave, not a building, a city, but an institutional forces."
The 66-year-old can expect the government when the courage and confidence to promote a new round of opening up - the same as 30 years ago, Shekou. In fact, only two square kilometers of Shekou initially only in opening up into a modern city, it is also like a small fulcrum, leveraging China for 30 years of reform and rapid development.
In Shanghai's forum, Li Keqiang also reminded participants that 30 years ago, the magnificent reform is made up of four special economic zones in coastal led.
He said: "It now appears that, with the promotion of reform and opening up, there is still a lot of space and power in such an open process, the reform will release a huge bonus."
Through the program
Premier Li Keqiang 3 July 2013 chaired a State Council executive meeting. Meeting approved in principle the "China (Shanghai) free trade test area overall program."
The meeting stressed that the Shanghai Waigaoqiao Free Trade Zone and other four areas under special customs supervision, construction, China (Shanghai) test area of free trade, to follow the new trends in global trade and economic development, more proactive opening up major initiatives.
The meeting stressed the need to further deepen reform, accelerate the transformation of government functions, adhere to a pilot, we should actively explore trade and investment, the government management innovation, and expand services liberalization; also guard against all kinds of risks, promote the building of a world-class investment and trade convenient, efficient and convenient regulation, legal environment standardized test area of free trade, making advance reform and improve the level of an open economy "experimental field", the formation can be copied, can be extended experience, play a demonstration, the national service active role promote common development of all regions. This is conducive to nurturing our new global competitive advantage with other countries to build a new platform for cooperation and development, economic growth in the new space to expand, to build China's economy "upgrade."
The State Council has formally approved the establishment of China (Shanghai) test area of free trade, and has been submitted to the NPC Standing Committee to consider and decide on the test area to adjust some legal provisions and administrative examination and approval matters.
Good one: to be open RMB capital. The most noteworthy feature of the financial sector, the pilot, deputy director of the Shanghai Financial Office said that the right to free trade pilot test area covering the financial sector, including interest rate market, freedom of exchange rates, the opening up of the financial industry, product innovation, but also involves Some offshore business. Shanghai Mayor Yang Xiong also recently confirmed that Shanghai Lujiazui Forum test area pending free trade pilot RMB capital account openness, and this reform will not change because of short-term liquidity, hot money flows and change.
Good two: Build offshore financial center. Offshore banking is an important part of a free trade zone, but also with the same strain of RMB capital account liberalization. Sun Lijian, vice president of economics at Fudan University in Shanghai is also optimistic about offshore financial center, the RMB exchange rate issue price mechanism enables outflows better flow, improve efficiency in the use renminbi.
Good three: may push 15% corporate income tax. Shanghai will promote tax innovations, including offshore trade, finance a low tax rate on foreign investment income subject to income taxes in installments of free trade and other preferential policies to support the development of enterprises in the park. Some media reported that, in order to encourage the development, Shanghai has taken in low tax revenue, which will include a free trade zone qualified enterprises reduced 15% enterprise income tax.
Good four: the area of trade regulation model innovation. Shanghai Free Trade Zone will implement pilot "frontline completely liberalized gradually, safely and efficiently manage and second-tier, regional free movement of goods," the innovative new model of regulatory services, and this is the main difference between Shanghai Free Trade Zone. The so-called "first-line" refers to the border; "second line" refers to the dividing line between the domestic market, which is a space of free trade test area boundary. Innovative regulatory approach proposed to frontline supervision focused on the person's supervision, only the necessary port unit inspection and quarantine work, in particular Customs regulation will no longer be using the batch mode, while a centralized, classification, electronic monitoring mode to achieve free trade in the experimental area of people and goods fast and efficient flow. 
Construction of pilot area is conducive to build China's economy "upgrade"
State Council executive meeting on the 3rd principle the "China (Shanghai) free trade test area overall program," announced in Shanghai Waigaoqiao Free Trade Zone and other four customs supervision within the construction of China (Shanghai) free trade test area, making advance reform and improve the level of an open economy "experimental field", to build China's economy "upgrade."
Foreign Trade University, China WTO Research Institute Zhang Hanlin said that China is a beneficiary of economic globalization, the need to continue to adhere to the strategy of expanding opening up, take proactive measures to promote the globalization towards a more balanced direction.
Foreign Trade University, Institute for International Economics WTO expert Zhang Junsheng said that accession to the WTO ten years of experience has shown that the introduction of competition and opening up China to stimulate the vitality of enterprises. In particular, the current need for further opening up, promote enterprise restructuring, energize the economy, and promote China's economic "upgraded version" can be realized.
Reporters found that the industry on the Shanghai Free Trade greatest expectations test area to focus on investment management of the new system, further liberalization of services and the renminbi capital account convertibility, interest rate market, the exchange rate market and offshore finance.
Lu political commissar, chief economist at Industrial Bank believes that the current test launch Shanghai free trade area, will be China's reform and opening up tertiary industry impetus.
"Shanghai pilot area of free trade will bring to China the establishment of a historic opportunity." Hony Capital CEO John Zhao said: "In addition to international trade to enhance energy levels, speeding up the opening of China's financial system, with international standards, will be released under the new situation huge reform dividends. "
State requirements, Shanghai test area to form free trade "can be copied, replicable experience" play a leading role model, help build China's economy "upgrade."
Experts believe that China's test to explore the establishment of free trade zone, is wider, deeper opening accumulated experience, making China the largest country in the world economy in the game to get a favorable position and matching the right to speak. 
Construction of Meaning
China (Shanghai) Free Trade Zone is a national test strategy, is a pilot, deepening reform, expanding opening up a major move, far-reaching significance. This major reform is institutional innovation as the focal point, focusing on enhancing soft power, the work-impact, high difficulty.
Central economic reforms "experimental field"
Test area or free trade initiative to open up the market will become China, especially in open services market and capital market pioneer. Earlier, Chinese Premier Li Keqiang inspection tour in Shanghai during the test area is designated a free trade range. Li Keqiang said that Shanghai actively encourage and support the bold exploration test in the free trade area to further expand opening up, promote the improvement of institutional mechanisms for an open economy.
Construction of China (Shanghai) test area of free trade, to follow the new trends in global trade and economic development, the implementation of a more proactive strategy of opening up an important measure. The main task is to explore China's opening up new paths and new models to speed up the transformation of government functions and administrative reform, and promote the transformation of economic growth mode and optimize the economic structure, to achieve Yikaifangcu development, promoting reform, and promote innovation, the formation can be copied scalable, replicable experience, service development of the country. Construction of China (Shanghai) in favor of free trade test area for the global cultivation of new competitive advantages. 
Shanghai will get more bonus system
For Shanghai, the test area approved the implementation of free trade, given the opportunity to not only trade, for shipping, finance and so on are "indeed affect the whole body" role.
1, will make Shanghai a breakthrough has the bar box, relaxing taxes, use of foreign exchange and other preferential policies conducive to global allocation within multinational companies, there will be more financial institutions registered in Shanghai opened.
2, the test area to promote free trade will make marine insurance and other shipping services in Shanghai to cultivate and concentrated, shipping center in solving the problems of financial support, which will make Shanghai to get more bonus system.
3, the State Council approved the end of 2012, since January 1, 2013 onwards, after the Pudong and Hongqiao International Airport transit third countries 45 countries, foreign visitors will enjoy 72 hours transit visa policy, coupled with the free trade zone project, FTA is expected to become zero tariff trade and shopping in Freeport.
4, exemptions and Freeport will help attract high-end manufacturing, and trade will help attract more processing, manufacturing, trade, logistics and warehousing companies gathered superimposed China's industrial upgrading. Therefore, the free trade zone for the logistics cluster effect will be more significant.