3. Establishing a comprehensive risk management system

Lin-gang Special Area will take risk prevention and control as the bottom line, and comprehensively improve the level of risk prevention and security supervision based on classified, collaborative and intelligent supervision.

11) Strengthening supervision in key areas

Lin-gang Special Area will establish an integrated information management service platform covering administrative committees, industry authorities, regional enterprises and related operating entities in the area. Lin-gang Special Area will focus on investment, trade, finance, networks, ecological environment, cultural security, personnel access, anti-terrorism, anti-secession, public morality and other key areas, and will improve management measures such as foreign investment security reviews, anti-monopoly reviews, industry management, user authentication and behavior audits, and will strengthen the application of information technology in risk assessment and prevention. Lin-gang Special Area will establish a joint defense and control mechanism, implement strict, precise and effective supervision, develop precise risk monitoring mechanisms for special areas such as quarantine, origin, intellectual property rights, international conventions and cross-border funds to realize real-time risk monitoring and dynamic early warning management of the whole process.

12) Strengthening rating-based credit management

Lin-gang Special Area will improve the basic rules and standards for credit evaluation, implement adaptive management for operators, and take credit ratings as a necessary basis for enterprises to enjoy preferential policies and institutional convenience in accordance with the principle of "convenience for law-abiding companies". Lin-gang Special Area will establish an active disclosure system and implement a system for disclosing dishonest lists, prohibiting market entry and withdrawing from the market. The system for revoking commercial registrations will be improved, so that registrations obtained by fraudulence, bribery or other improper means may be revoked by the registration authority according to law.

13) Strengthening border security

Lin-gang Special Area will construct a high-standard intelligent supervision infrastructure to achieve interconnections, mutual recognition and sharing of regulatory information. Lin-gang Special Area shall keep the first red line of national security and the second red line of economic and social security. Lin-gang Special Area will strengthen the security management of entry and implement a "two-stage access" supervision mode for imported goods. For prohibited and controlled goods (such as nuclear and biotechnical explosives and drugs), goods that may cause major epidemics, high-risk products, other goods with the risks of major emergencies or ones that are difficult to control after release, and those that are listed by laws and administrative regulations, a "permission to access" supervision shall be implemented in accordance with laws. For other goods with low or controllable risks, "qualified for market" supervision shall be implemented in accordance with laws.

4. Building an open industrial system competitive in the global market

Lin-gang Special Area will take advantage of open institutions to promote the integration of international business, cross-border financial services, cutting-edge scientific and technological R&D, cross-border service trade, and other functions. The area will strengthen the clustering capacity of an open economy, accelerate the transformation and upgrading of stock enterprises, and improve the overall industrial energy level of the region.

14) Establishing cutting-edge industrial clusters with breakthroughs in key and core technologies

Lin-gang Special Area will construct a comprehensive industrial base for IC, optimize the full-scale bonded supervision model for imported materials, support multinational companies to set up offshore R&D and manufacturing centers, and promote the development of key fields such as core chips, unique techniques, key equipment and necessary materials. Lin-gang Special Area will construct demonstration zones for AI innovation and application, accelerate the opening of application scenarios, and promote the development of new industries such as intelligent automobiles, intelligent manufacturing and intelligent robots. Lin-gang Special Area will construct an industrial cluster for civil aviation, with large passenger aircraft and civil aviation engines as the core, accelerate the accumulation of supporting industries such as fundamental research, technology development, product development, tests and verification, and other supporting industries, and promote the development of an aviation industry chain including assembly and delivery, production support, operation and maintenance, and travel services. Lin-gang Special Area will build maintenance and green remanufacturing centers for countries and regions involved in the BRI, establish a green certification and rating system, and support the inbound maintenance and remanufacturing of products such as numerical control machine tools and engineering equipment in the comprehensive free trade zone to enhance the global competitiveness of its high-end intelligent remanufacturing industry.

15) Developing the new-type international trade

Lin-gang Special Area will establish an Asia-Pacific supply chain management center and improve the institutional support system for new international trade, international market investment services, and international market financing services to attract organizations to set up headquarters in the area. Lin-gang Special Area will develop cross-border digital trade and support the establishment of overseas warehouses for cross-border e-commerce. Lin-gang Special Area will construct an international medical service cluster and support cooperation with foreign institutions in developing cross-border medical insurance products and pilot international medical insurance settlement projects. Besides, the area will allow qualified foreign-owned enterprises to conduct cultural art exhibitions, auctions and transactions.

16) Building a High-level Global Shipping Hub

Lin-gang Special Area will support Shanghai Pudong International Airport in building a world-class aviation hub, an air cargo terminal with integrated functions in logistics, sorting and supervision, a regional base for aviation headquarters, and an international hub for air express services. Lin-gang Special Area will promote the full implementation of combined transport for international passengers and baggage. It will establish an international shipping supply service system to improve the comprehensive service capabilities of ship and aviation supplies, maintenance, spare parts, fuel oil, and support domestic and foreign enterprises and institutions to develop shipping financing, shipping insurance, shipping settlement, shipping materials leasing, ship trading, and shipping arbitration services, and will explore the development of a shipping index derivatives business, and will enhance high-level shipping services.

17) Expanding cross-border financial services

Lin-gang Special Area will vigorously expand the depth and breadth of renminbi cross-border financial services, support the development of the renminbi cross-border trade financing and refinancing business, and encourage multinational companies to establish global or regional fund management centers. Lin-gang Special Area will accelerate the development of finance leasing of aircraft and ships, and promote the development of green finance businesses such as environmental pollution liability insurance.

18) Promoting the integrated development of industries and cities

Lin-gang Special Area will expand channels for introducing high-quality international capital and experience into public services such as education, healthcare, culture, sports, park construction and urban management, strengthen the management of infrastructure construction in the area, and provide high-quality international urban services.

19) Enhancing the coordinated and innovative development of Yangtze River Delta

Lin-gang Special Area will support domestic and foreign investors to set up joint innovation special funds in the area, cooperate on major scientific research projects, and allow relevant funds to be freely used in the Yangtze River Delta region. Lin-gang Special Area will support private equity funds initiated abroad by domestic investors to participate in the financing of innovative technology companies in the area, to invest in the Yangtze River Delta region, and support the expansion of dominant industries into the Yangtze River Delta region to form industrial clusters.

5. Accelerating implementation

Ling-gang Special Area shall be managed with reference to the special economic zone. Relevant national government departments and Shanghai Municipal People's Government shall, in accordance with the requirements of the Overall Plan, strengthen the construction of the rule of law and risk prevention and control, earnestly safeguard national and social security, and solidly promote the implementation of the pilot tasks of various reforms to achieve results.

20) Strengthening the leadership of CPC

21) Greater empowerment

Lin-gang Special Area will be empowered with greater management authority to independently develop, reform and innovate. Lin-gang Special Area Administration will be authorized to carry out innovative business close to the market independently under the premise that risks are controlled. All reform and opening-up measures in the area that involve adjustments to existing laws or administrative regulations shall be implemented after authorization by the National People's Congress or the State Council by the statutory procedures.

22) Driving a new round of reform and opening-up in the Yangtze River Delta

Lin-gang Special Area will conduct regular summary and evaluation of institutional experience in investment management, trade supervision, financial opening, talent flow, transport management, risk management and control in the area, formulate promotion lists, clarify the scope of promotion and regulatory requirements, and promote implementation in an orderly manner after approval in accordance with procedures. Lin-gang Special Area will strengthen its links with special customs supervision areas and economic and technological development zones to amplify the radiation effect.

23) Implementing and organizing at a faster pace

Relevant State departments will further delegate power to Shanghai Municipal People's Government and the Shanghai units of State departments to support and guide the formulation of relevant implementation rules in accordance with the Overall Plan.

The CPC Shanghai municipal committee and the Shanghai municipal government shall earnestly fulfill their responsibilities, construct Lin-gang Special Area with high standards and quality, and accelerate the formation of a mature institutional and management system to stimulate market subjects to participate in international markets. Major issues shall be reported to the CPC Central Committee and the State Council in time.