Transcript Happy new year

2013 Briefing on
Shanghai’s Commerce
and Investment
Mr. Zhou Bo
Vice Mayor
Shanghai Municipal People’s Government
Last year, facing challenging economic situation home and abroad,
Shanghai’s strategy of Innovation-Driven Economic Transformation
proved to be effective and made great achievements
1. orderly run economy
Total GDP last year: 2 trillion RMB, 7.5% growth
year on year
Local fiscal revenue last year: 374.37 billion RMB,
9.2% growth year on year
Consumer price up by 2.8% last year, a 2.4
percentage drop in increase compared to 2011
Last year, facing challenging economic situation home and abroad,
Shanghai’s strategy of Innovation-Driven Economic Transformation
proved to be effective and made great achievements
2. faster pace in structural
upgrading
The tertiary sector,
which took up 60% of
the total GDP, saw a
10.6% growth in added
value last year,
outpaced the
industrial sector by
7.5%
Great progress has
been made in energy
conservation and
emission reduction,
with energy
consumption per unit
GDP reduced by 10.5%
in the last 2 years
With consumption
contributed over 70% of
economic growth, the
city’s economy became
less reliant on sectors
like investment, real
estate, heavy industry and
labor intensive processing
industry
Last year, facing challenging economic situation home and abroad,
Shanghai’s strategy of Innovation-Driven Economic Transformation
proved to be effective and made great achievements
Faster upgrading of the city’s functions
Shanghai’s port has the
world largest container throughput 3
years in a row
Pudong Airport has The third largest Airport cargo throughput in
the world for 4 consecutive years
1227 registered financial institutions
Total trade volume of the financial market
reached 528 trillion RMB
The construction of the city as an international cultural
center and smart city paced up, with optic fiber access
covering 6.5 million households
Last year, facing challenging economic situation home and abroad,
Shanghai’s strategy of Innovation-Driven Economic Transformation
proved to be effective and made great achievements
Innovations in reforms and follow up on breakthroughs
the pilot scheme of business tax in lieu of value added
tax proved to be effective
new progress has been made in “Pudong Across-the-board
Coordinated Pilot Reforms” and other key reforms
a significant improvement in scientific and technological
innovation capacity
Last year, facing challenging economic situation home and abroad,
Shanghai’s strategy of Innovation-Driven Economic Transformation
proved to be effective and made great achievements
constant improvement of people’s well-being
613,800 newly
created jobs
10.9% and 11.2% y-on-y
increase in urban and
rural residences’
disposable income
People’s
well-being
167,000 subsidized
housing of various kinds
are either in
construction or being
planed, with a total
area of 12.82 million ㎡
spending on environmental
protection was maintained at
3% of total GDP, with 5500
hectares of newly built green
space
Standing on a new starting point, Shanghai will continue to
reform and further open up, forging ahead with greater courage
and wisdom
During Shanghai’s “Two Sessions”,
Secretary of
CPC Shanghai Committee, Mr.
Han Zheng said：“Reform is the biggest
Expedite
dividend, opening-up is the biggest
advantage, innovation is the most
important driving force, talent is
the most important resource
Reduce
Eliminate
Multiply
Standing on a new starting point, Shanghai will continue to
reform and further open up, forging ahead with greater
courage and wisdom
With trials and pilot schemes to push forward the reform
on economic system and further open up the economy
Expedite means expedite the development of strategic emerging industries and
the improvement of the city’s capacity to serve the whole country
1.Deepen the “across-the-board coordinated pilot reforms” and pilot on the
establishment of Free Trade Zone
2.Continue to reform on the opening of off-shore foreign currency account and
innovations in financial leasing
3.Continue to expand the pilot scheme of business tax in lieu of VAT,
incorporate industries like post and communication industries into the scheme
when appropriate
4.Support the development of headquarter economy and put in place a
comprehensive policy framework to support MNCs establishing regional
headquarters
5.Encourage and support capable local enterprises to invest abroad
Standing on a new starting point, Shanghai will continue to
reform and further open up, forging ahead with greater
courage and wisdom
Reduce means further reduce the reliance of
Shanghai’s economy in 4 areas
Focus on key industries, key projects, key districts and accelerate the
process of economic restructuring and transformation
Committed the city to develop modern service industry and reform on
collective operation and management of foreign exchange owned by
MNCs’ headquarters
Reform on collective operation and management of foreign exchange
owned by MNCs’ headquarters
Push forward the pilot scheme of foreign exchange management by
International Trade Settlement Center
Accelerate the development of the EXPO area, Lingang area,
Hongqiao Business District and Shanghai International Tourism
Resort
Standing on a new starting point, Shanghai will continue to
reform and further open up, forging ahead with greater
courage and wisdom
Multiply means the improvements in administrative efficiency and legal
environment should have multiplier effect
Mindful of our objective to build a rule-based, clean, accountable and service oriented
government, we aim to transform the role of government
Reform the modern service industry and the government licensing process for
investment projects, adopt standardized procedure in the licensing process
across the board
Limit the areas where the government can invest in and further delegate the
autonomy of investment to enterprises
Spare no effort in improving administrative transparency and introduce in
the mechanism to disclose the draft of major administrative decision to the
public
Improve rule based operation. Exercise the power and honor the
responsibilities strictly in line with the legal procedures and within the
discretion granted by law
Standing on a new starting point, Shanghai will continue to
reform and further open up, forging ahead with greater
courage and wisdom
eliminate means further eliminate backward capacity and the industries with
high energy consumption, high pollution and high risks
create a resource
conserving and
environment friendly society
in line with the principle
of controlling the total amount of
resources, adjusting the remained
resources, focusing on efficiency
and encouraging social participation
Push forward the industrial
transformation and upgrading
Promote the convergence of
Industrialization and informatization
Encourage enterprises to invest in
upgrading technologies
Actively develop production-related
service industry
Support key industrial enterprises in
transforming themselves into R&D,
sales and advanced manufacturing
oriented entities
Eliminate 500 backward capacities
with high energy consumption,
high pollution and high risks
Standing on a new starting point, Shanghai will continue to
reform and further open up, forging ahead with greater
courage and wisdom
To enhance
the
city’s
management
To build a
Smart City
To build a
deep talent
pool
Happy New Year