Highlevel Expansion
development and opening up. What’s Lin-gang’s role in this vision?
In carrying out more profound opening up, I think the Lin-gang area should strive to become an important base for technological innovation with a large pool of global talent, as well as an important hub for offshore business. It will also position itself to serve the global development of domestic enterprises by making better use of both international and domestic markets and resources. Last but not least, it will become a pilot area for institutional reforms that can be implemented in other areas in the future.
What has the Lin-gang area done to create a better business environment?
To improve the business environment, we have done a lot of work, including better serving the companies operating in the area and streamlining administrative and approval procedures in line with international trade rules.
For example, it took U.S. electric carmaker Tesla only six months from signing the initial contracts to laying the groundwork of its gigafactory in Lin-gang, and 10 more months for the factory to finish its first phase of construction, which is a clear testament to the efficiency of the Shanghai FTZ.
During the process, we adopted many innovative measures to better meet the company’s needs.
Many of these measures have now been scaled up to accommodate other new projects, which has led to even greater efficiency.
What we are doing now is making these provisional measures routine procedures for serving other businesses that are operating here.
( Reporting from Shanghai)