The state strongly supports the opening and development of the Beibu Gulf Economic Zone and clearly provides policy support in five major aspects:

(1) Policy support for comprehensive supporting reforms. The "Plan" proposes to boldly experiment, pioneer and innovate, promote comprehensive supporting reforms such as the administrative governance system, market system, and land governance system, accelerate the transformation of government functions, innovate the economic zone governance model, deepen the reform of the investment and financing system, and increase the integration of ports and other resources wait.

(2) It is policy support for the layout of major projects. The state encourages the eastern region to drive and participate in the integration of the Guangxi Beibu Gulf Economic Zone by providing support for relevant planning, major project layout, and project approval, approval, and filing.

(3) It is policy support in the bonded logistics system. The state supports the Beibu Gulf Economic Zone in establishing bonded port areas, comprehensive bonded areas and bonded logistics centers in qualified areas, and expanding the bonded logistics functions of export processing zones.

(4) It is policy support in financial reform. The state supports the establishment of local banks in the Beibu Gulf region, explores the establishment of industrial investment funds and venture capital enterprises, expands the scale of corporate bond issuance, and supports qualified companies to issue corporate bonds.

(5) Policy support for open cooperation. The state supports the Beibu Gulf Economic Zone in playing a demonstration role in open cooperation, promotes pan-Beibu Gulf economic cooperation to become a new sub-regional cooperation under the China-ASEAN cooperation framework, establishes and improves open cooperation mechanisms, and accelerates the implementation of cooperation projects.

Strategic significance:

1. Accelerating the opening and development of the Beibu Gulf Economic Zone is not only related to Guangxi’s own development, but also related to the overall development of the country, and has important strategic significance.

2. Accelerating the opening and development of the Beibu Gulf Economic Zone will help promote the overall economic and social progress of Guangxi, improve the overall development level, revitalize the national economy, consolidate national unity, and ensure border stability;

3. It is conducive to the in-depth implementation of the Western Development Strategy, enhancing the function of the southwest sea channel, promoting the opening up and economic development of the southwest region, and forming a strategic highland to drive and support the Western Development;

4. It is conducive to improving my country's coastal and border economic layout, making the development of the east, middle and west more coordinated and more closely connected, and injecting new and powerful impetus into the national economic and social development strategy;

5. It is conducive to accelerating the construction of China-ASEAN freedom trade area to deepen the strategic partnership between China and ASEAN for prosperity and peace.

Extended information:

Guangxi Beibu Gulf Economic Zone is one of the few areas in China that enjoys the national western development policy, coastal opening policy, ethnic minority policy, and border area opening policy at the same time. The core development areas determined by the national main functional zoning are one of the areas with the richest preferential policies in the country.

The state provides necessary support to the Beibu Gulf Economic Zone in terms of relevant planning, major project layout, project approval, approval, and filing, and encourages the eastern region to drive and help the development of the Beibu Gulf Economic Zone; support the Beibu Gulf Economic Zone The district will establish bonded port areas, comprehensive bonded zones and bonded logistics centers in qualified areas to expand the bonded logistics functions of export processing zones;

Support the establishment of local banks in the Beibu Gulf region and explore the establishment of industrial investment funds and entrepreneurship Invest in enterprises, expand the scale of corporate bond issuance, and support qualified companies to issue corporate bonds; support the Beibu Gulf Economic Zone in playing a demonstration role in open cooperation, promote pan-Beibu Gulf economic cooperation to become a new sub-regional cooperation under the China-ASEAN cooperation framework, and strengthen transportation Plan and prepare core cooperation areas such as transportation, marine industry, agriculture, forestry and fishery, energy development, transnational tourism, ecological and environmental protection, and accelerate the implementation of cooperation projects.

Reference: Guangxi Beibu Gulf Economic Zone_Baidu Encyclopedia