Based on the positioning of “creating four zones from two points, two places and two highs”, and the overall goal of “one hub, three centers, and one base”, China (Chongqing) Pilot Free Trade Zone has made new progress in construction with 11 pioneered innovative achievements in China. In addition, the supervision innovation of “four self-regulations and one simplification” in special customs supervision areas was promoted by the State Council throughout the country. By the end of 2018, the Chongqing Pilot Free Trade Zone had added 22,054 registered enterprises with a total registered capital of 231.768 billion yuan, including 419 newly registered foreign-funded enterprises with a registered capital of 2.609 billion dollars. In addition, the government introduced 1,622 projects and signed contracts (agreements) totaling 521.3 billion yuan. As a result, an industry and an enterprise group dominated by trade, logistics, finance, high-end manufacturing have been formed, putting the industry development on a firmer footing.
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