TEDA Training Session on Pilot Free Trade Zone Expands Perspectives on Investment Promotion, Focusing on Innovative Development in Biomedicine and Bulk Commodities

A training session titled "FBD and Expanded Services Sector Opening-Up: New Policies and Their Investment Promotion Applications Series Seminar (Q4)" was held at Baoxin Building in TEDA on November 28th. Organized by the TEDA Steering Office of Investment Promotion, the training invited He Nan, Deputy Director of the TEDA Free Trade Zone Administration Bureau, to deliver an in-depth presentation. Using detailed case studies on the whole-chain innovation in the biomedicine industry in Suzhou and the bulk commodities industry in Zhoushan, and relating them to TEDA's relevant industrial development, He Nan provided insightful explanations on topics including AI + Biomedicine, optimizing cross-border data flow mechanisms, facilitating the customs clearance of R&D items, and advancing the digital development of bulk commodity trade. The session aimed to enhance the business capabilities of the investment promotion teams and provide references for better serving project implementation. Key investment promotion personnel from various departments of the TEDA Administrative Commission and its affiliated companies attended.

During the training, He Nan systematically interpreted the "Special Implementation Plan for Promoting Open and Innovative Development of the Biomedicine Full Industry Chain in the China (Jiangsu) Pilot Free Trade Zone," approved by the State Council. He analyzed the entire chain of “R&D-Manufacturing-Circulation-Application" and all relevant scenarios in the context of TEDA's actual biomedicine industry development, thereby broadening perspectives on innovative development in this sector for TEDA. Regarding bulk commodities, He Nan introduced feasible pathways to promote the liberalization and facilitation of investment and trade in this area across storage, transportation, trade, production, services, and digitalization. This aims to effectively leverage the platform role of the Tianjin Pilot Free Trade Zone and comprehensively enhance TEDA's capacity for resource allocation in bulk commodities. Participants noted that the practical training and the exemplary case studies provided significant guidance for their subsequent targeted investment promotion efforts.

Since the beginning of this year, the TEDA Steering Office of Investment Promotion, in collaboration with the Free Trade Zone Administration Bureau, has organized four thematic training sessions on the Free Trade Zone. These have covered diverse areas including the establishment of wholly foreign-owned hospitals, cross-border investment and financing, the "Bonded +" model, offshore data centers, new round of financial opening-up pilot tasks and key policies, the biomedicine R&D system, and the white list system for imported food and medicinal materials. Closely aligned with regional industrial development, these training sessions focused on cutting-edge policies with extensive best practice, effectively addressed frontline challenges in investment promotion, and tangibly enhanced the quality and efficiency of investment attraction and project promotion.