The New Binhai Plan – Full Text
Wednesday, June 27, 2007 1:27Further to my post , I was forwarded the full text of the New Binhai Plan and thought it would be of interest.
Suggestion of the State Council of the People’s Republic of China on the Related Issues of Promoting the Development and Opening –up of Tianjin Binhai New Area
Promoting the development and opening-up of Tianjin Binhai New Area (TBNA) is an important strategic arrangement made by the Central Committee of the CPC and the State Council, based on the overall situation of
The Great Significance of the Development and Opening-up of the TBNA
With a planning area of
Promoting the development and opening-up of the TBNA will be beneficial for strengthening the international competitiveness of Beijing-Tianjin-Hebei region as well as the circum-Bohai region. Located in the center of the circum-Bohai region, the TBNA is the gateway to
Promoting the development and opening-up of the TBNA will be favorable for implementing the overall strategy of coordinated development among regions nationwide. After more than a decade of development, the TBNA has kept strengthening her comprehensive strength and further improved her service functions, becoming another new engine for regional economic growth after Shenzhen Special Economic Zone and Pudong New Area. The development and opening-up of the TBNA will be helpful for China’s eastern region to take the lead in attaining modernization so as to give impetus to the development of central and western regions, the three northern regions (China’s northeast, central north and northwest) in particular, forming a coordinated regional development pattern in which the eastern, central and western regions can better interact, complement and support each other, and develop together.
Promoting the development and opening-up of the TBNA will be good for exploring new regional development patterns at the new stage. Under the new situations that economic globalization and regional economic integration is speeding up and China is building a well-off society in an all-around way and constructing a harmonious socialist society, to grasp the features of changes in international and domestic situations and adopt new ideas and development patterns to promote the development and opening-up of the TBNA will be conductive to fully implementing the scientific outlook of development, realizing harmonious coexistence between man and nature, and blazing a new trail for innovative regional development.
Guidelines and Main Tasks for Promoting the Development and Opening-up of the TBNA
The guidelines for promoting the development and opening-up of the TBNA are as follows. With the guidance of the Deng Xiaoping Theory and the important thought of the Three Represents, the TBNA should fully adopt the scientific outlook of development, further liberate people’s mind, promote reform and opening-up, and exert competitive edge. With a high starting point and a broad vision, priorities should be laid on science and technology innovation, self-innovation, and highlighting the special characteristics of the TBNA and improving her development environment. The TBNA should adopt new ideas, new institutional systems, and new mechanisms to steadily strengthen her comprehensive competitiveness so that she will play greater roles in propelling the development of Tianjin , the economic revitalization of Beijing-Tianjin-Hebei region as well as the circum-Bohai region, the interaction between China’s east, west and central regions so as to achieve balance in the economic growth of the different regions of China.
In order to do a good work for promoting the development and opening-up of the TBNA, the following principles should be followed. The TBNA should continue to follow the scientific outlook of development in social and economic planning and the path of scientific development. The TBNA should highlight her own special characteristics to fully exert her comparative competitive edge. The TBNA should adhere to the practice of carrying forward reform and opening-up so that greater impetus will be injected into her growth and development through reform and opening-up. The TBNA should make continual efforts of science and technology innovation and self-innovation to boost her innovation ability, thus enchancing her capability to serve, propel and promote regional economic growth. Land should be utilized in an economic an intensive way in the TBNA to substantially exert the guidance and regulatory role of land in economic growth. The TBNA should maintain sustainable development and build herself into a resource-efficient and environment-friendly new district and by putting people first, she should also promote the all-round development of a harmonious society.
The function orientation of the TBNA is set as follows. With the support of
The main tasks for promoting the development and opening-up of TBNA are the following. Taking hold of the opportunity of acting as a pilot zone for comprehensive supporting reforms, the TBNA should explore new patterns of regional development and provide experience and examples for reforms and growth in other parts of
To Fully Exert the TBNA’s Role as a Pilot Zone for China’s Comprehensive Supporting Reforms
The TBNA was recently approved by the State Council as a pilot zone for
The TBNA is encouraged to take reform and innovation initiatives in the financial sector. In principle, pioneering reforms concerning financial enterprises, financial businesses, financial market and financial opening-up are allowed to be tested first within the TBNA. Based on the guidelines of scientism, prudence and risk controllability, experimental reforms can be conducted in industry investment funds, venture capital investment, mix-operation of the financial sector, multi-ownership financial enterprises, forex management policies, and offshore financing.
The TBNA is encouraged to carry out land administration reform. Based on the precondition of land resource maximization, the local land use structure will be further optimized, new land management methods will be created, and the reform of land administration will be intensified. Experimental reforms will be conducted in fields such as the turnover of rutal collectively-owned construction land, the allocation of land revenues, and how to reinforce government’s control over land supply.
The TBNA is expected to expand its opening-up. The Dongjiang Bonded Port Area will be set up. To build
The TBNA will also enjoy certain supportive tax policies. Within the administrative territory of the TBNA, hi-tech enterprises which can meet certain criterion will enjoy a preferential income tax rate of 15%. Referring to the preferential income tax policies implemented in the old industrial bases of
To Carry Out All Efforts to Propel the TBNA’s Development and Opening-up in an Earnest Manner
The promotion of the TBNA’s development and opening-up mainly relies on
To propel the TBNA’s development and opening-up is a great move for implementing the instructions of the 5th Plenary Session of the 16th CPC Central Committee and the outline of the Eleventh Five-Year Plan for national economic and social development. It is an important step to implement
May 26, 2006