Development strategy for free trade zones

1. Based on industry, serve the economic development and resident enterprises of industrial parks.

2. Using trade as a link to connect Chinese enterprises with advantageous production capacity and global customers.

3. With policy support, effectively utilize the national support policies of China and Vanuatu to support the development of overseas investment enterprises.

4. Taking finance as the guarantee, utilizing financial instruments reasonably to meet the funding needs of enterprise development and the utilization of funds in the offshore financial system, as well as establishing pilot projects for the free circulation and settlement of RMB overseas.

5. Taking tourism as a driving force, quickly attracting attention and forming popularity, and quickly improving the basic services in the early stage of the free trade zone.

6. Taking immigration as a guarantee, make reasonable use of the convenience of national identity, and ensure that settled enterprises can fully enjoy all preferential policies and measures of the industrial park.

7. Taking infrastructure investment as the foundation and providing an excellent foundation for industrial development.

8. Use the benign capital income formed by industrial development to reinvest and compensate for infrastructure investment.

 

 

At the national level:

The Chinese government: the bridgehead of the Belt and Road South Pacific


Vanuatu:

Vanuatu Financial Center, the only national level free trade zone

National freight trade hub and demonstration zone for industrial upgrading and development

Demonstration Zone for Comprehensive Development of Culture and Tourism, and Demonstration Zone for International Cultural Exchange

Demonstration Zone for Digital Economy Development and Green Energy Development

 

 

Core functions

Affiliated functions

Peripheral functions

Production services

Infrastructure, airport development, dock expansion, real estate development, cultural and tourism development, energy development, animal husbandry development, agricultural planting and mining development, forestry development

Hydraulic, electric, natural gas, oil, mining, fishery and wood processing, office leasing, gambling, hotels, tourism, freight forwarding and residential, island buying and selling, warehousing, logistics, tobacco and alcohol trading

Life services

Health care, health base, commercial retail, entertainment and leisure

Supermarkets, building materials, hospitals, health care, residential services, entertainment consumption, and daily life consumption

Professional services

Information services, labor services, and technology services

Professional technical services, company services, intellectual property services, cultural and creative services

Cultural Exchange

International think tanks, education and training

International universities, vocational training, research institutes, conference organizations, cultural organizations, public welfare organizations

Science and trade services

AI robots, Future City, Trade, Cloud Warehouse

Virtual reality world, digital humans, and bulk trade

Capital finance

Exchanges, digital currencies, wallets/coin issuance, banks, insurance, funds

Legal consultation and financial consultation