The Qinzhou Port area of the Guangxi FTZ. [Photo/WeChat account: gh_df8bc987e060]

The Qinzhou Port area of the China (Guangxi) Pilot Free Trade Zone (FTZ) finished 91 pilot reforms by the end of the third quarter this year with a fulfillment rate of 96.8 percent, ranking first among all three areas in the Guangxi FTZ.

As of now, the area has created a total of 78 institutional innovations, of which 38 are selected to be promoted in Guangxi, accounting for 45 percent of the region's total and ranking it first among the three areas in the Guangxi FTZ.

The area achieved a total output value of 23.31 billion yuan ($3.66 billion) in the first 10 months of 2021 and an industrial output value of 73.34 billion yuan for enterprises above designated size.

From January to September, the port has completed a total fixed asset investment of 16.64 billion yuan, which is a year-on-year increase of 48.5 percent.