Page 160 - 2025 Special Report

regional platforms, such as the GBA, Western 58.2km in Qinzhou Port area, including 8.8km 2
2
Land and Sea New Corridor, China (Guangxi) of the Qinzhou Free Trade Port Area; and 15km 2
Pilot Free Trade Zone, China-ASEAN Information in Chongzuo, including 1.0km of the Pingxiang
2
Port and the signing of RCEP will provide strong Integrated Free Trade Zone .
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support for Guangxi to make full use of both
domestic and international two markets and The GXFTZ aims to make full use of the
two resources and promote strategic emerging geographic advantages of Guangxi and ASEAN
industries to integrate into the national and countries, contributes to the construction of
ASEAN industrial chains. the New International Land-Sea Trade Corridor
in West China, as well as forms an important
Main tasks : gateway for the connection between the Maritime
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Silk Road and the Silk Road Economic Belt. The
• Guangxi aims to improve the contribution GXFTZ also strives to build a high-standard and
of value-added of strategic emerging industry to high-quality free trade zone with convenient trade
GDP to 10% by the year of 2025. and investment, exemplary financial services, as
well as safe and efficient supervision after three to
• Enhance the cooperation with ASEAN on five years of reform and exploration .
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innovation, Guangxi will make full use of regional
innovative resources, to attract innovative talent and In February 2023, the government issued the
effectuate breakthroughs in the core technologies. Plan for Further Deepening the Reform and Opening
up of the China (Guangxi) Pilot Free Trade Zone ,
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• Support traditional industries, such as proposing to build the GXFTZ into a high-level
metallurgy, automotive, machinery manufacturing institutional opening pilot zone and experimental
on transition and upgrading, accelerate the field and create a core area that serves the
development of modern agriculture, forming a domestic and international dual circulation
series of innovative brands, products and standards market operation convenience. In additional, the
to reach the international high-level. Plan will also promote a higher level of openness
in trade and investment, financial openness,
• The initial scope of industrial cluster will international logistics, data and other free and
be basically constructed, showing a pattern of convenient areas and promote independent
complementary and differentiated advantages. reform based on regional characteristics and
Important areas along the coast, the border and the industrial development needs.
rivers will be fully integrated into the development
of dual circulation strategy. Division of functions :
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• Guangxi will take irreplaceable Nanning area:
responsibility in the construction of supply chain
and innovation chain between China and ASEAN. • Modern finance: focusing on the
development of modern finance, scientific
innovation, information services and headquarter
Special economic zones economies, the area will build itself into a core
region opening up to ASEAN countries
China (Guangxi) Pilot Free Trade Zone

71 Government site of Guangxi, http://en.gxzf.gov.
The China (Guangxi) Pilot Free Trade Zone cn/2019-11/12/c_423857.htm
(GXFTZ) was one of six pilot zones designated by the 72 Government site of Guangxi, http://en.gxzf.gov.
State Council in August 2019. The GXFTZ consists of cn/2019-11/12/c_423857.htm
three areas: 46.8km in Nanning, including 2.4km 2 73 People.cn, http://gx.people.com.cn/n2/2023/0510/
2
of the Nanning Comprehensive Bonded Zone; c179430-40409590.html
74 China (Guangxi) Pilot Free Trade Zone, http://
70 Government site of Guangxi, http://www.gxzf.gov. subsites.chinadaily.com.cn/guangxi/ftz/2021-
cn/zfwj/zzqrmzfwj_34845/t10267020.shtml 07/28/c_646541.htm

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