Shenzhen's Spring Festival "big gift bag" was issued in advance.
On January 26, the national development and Reform Commission and the Ministry of Commerce issued the opinions on several special measures for relaxing market access in building a leading demonstration zone of socialism with Chinese characteristics in Shenzhen (hereinafter referred to as the opinions), proposing 24 measures in six fields: Science and technology, finance, medical treatment, education and culture, transportation and other fields to support Shenzhen's bold exploration and experiment.
Zhong Jian, an economics professor at Shenzhen University, told China business that this is the fourth document issued by the central government to support Shenzhen in promoting reform and opening up at a higher starting point. In August 2019, the CPC Central Committee and the State Council clearly supported Shenzhen in building a leading demonstration area of socialism with Chinese characteristics; In October 2020, the general office of the CPC Central Committee and the general office of the State Council issued the comprehensive reform pilot implementation plan for building a leading demonstration area of socialism with Chinese characteristics in Shenzhen (2020-2025); In September 2021, the CPC Central Committee and the State Council issued the plan for comprehensively deepening the reform and opening up of Qianhai Shenzhen Hong Kong modern service industry cooperation zone.
"In recent years, the authorization and support of the central government for Shenzhen's reform and opening up can be said to be unprecedented." Zhong insisted that the opinions further enriched the authorization and policy connotation of Shenzhen's leading demonstration zone and its comprehensive reform pilot, and helped Shenzhen promote reform and opening up at a higher level, a higher starting point and a wider range, accelerate industrial transformation and upgrading, accelerate the development of modern service industry and high-tech industry, further expand and strengthen the economy and enhance international competitiveness, Build a global benchmark city.
The opinions is also an important measure to further relax market access in Shenzhen under the framework of the national negative list of market access (2020 Edition). Zhao Chenxin, member of the Party group and Secretary General of the national development and Reform Commission, said that choosing Shenzhen to carry out the pilot of relaxing market access is to form a number of replicable and replicable innovative achievements around relaxing access restrictions, optimizing access environment and breaking access barriers, so as to explore a more flexible and scientific policy system and management system and build a higher-level socialist market economic system.
opportunity window of satellite communication industry chain
The opinion covers 24 special measures in six areas. Among them, there are five special measures in the field of science and technology, including innovating market access methods, establishing electronic components and integrated circuit trading platforms, relaxing data element trading and cross-border data business market access, optimizing the market access environment for advanced technology application, optimizing the application methods of new generation information technology such as 5g and the Internet of things, and supporting the establishment of international industry and standards organizations. Among the five measures in other fields, the relaxation of access restrictions in the communication industry is also mentioned.
Specifically, support Shenzhen to carry out the pilot reform of 5g indoor distribution system, 5g industry virtual private network and 5g network construction subjects in specific regions. At the same time, support communication operators in Shenzhen, Hong Kong and Macao to innovate communication products, reduce roaming communication charges, and support the optimization of 5g, Internet of things and other new generation information technology application methods. Relying on Shenzhen's high-quality resources such as Pengcheng laboratory, build a new generation of information technology distributed experimental platform such as 5g and Internet of things.
In the view of the industry, this will gradually reduce the access threshold of 5g, Internet of things and other new generation information technology and new infrastructure in relevant fields. "And increased local competition to activate the vitality of the industry." Fu Liang, an expert in the telecommunications industry, said.
At present, Guangdong has initially formed the world's largest 5g industrial cluster. Taking Shenzhen as an example, by the end of October 2021, 50000 5g base stations had been built, with a base station density of 24.68 per square kilometer, ranking first in China. Pengcheng laboratory mentioned in the opinions is a new scientific research institution in the field of network communication approved by the central government, with network communication, cyberspace and network intelligence as its main research directions. According to the official website of Pengcheng laboratory, the laboratory has 31 academicians, 200 international academicians and more than 3000 national outstanding talents.
The opinion also proposes to open basic telecommunications services in a safe and orderly manner, support qualified satellite application enterprises to apply for satellite related basic telecommunications business licenses or cooperate with enterprises with relevant qualifications, and allow satellite mobile communication services and satellite fixed communication services to be carried out nationwide. The industry believes that this will stimulate the development of satellite communication industry.
Huaxi communication believes that in 2022, high-capacity (high-throughput) satellites will account for 50% of the global total satellite bandwidth. Around 2022, China's broadband satellite capacity demand will also reach more than 1TB, and the bandwidth cost will be greatly reduced, which is conducive to driving the popularization of applications.
In the international market, the enterprises that layout the satellite Internet not only have professional space operation companies, but also include Internet giants such as Softbank, Google and Facebook, airlines such as Airbus and Boeing, as well as giants in other fields such as Qualcomm and Coca Cola.
At present, China is also promoting the development of high orbit satellites and medium and low orbit satellites. Citic Securities Company Limited(600030) said that China has launched the low orbit constellation program since 2015. The Constellation program, including Hongyan, Hongyun and galaxy, plans to launch more than 3000 low earth orbit satellites.
It is worth noting that on January 18 this year, six low orbit broadband communication satellites independently developed by Galaxy Aerospace officially left the factory, which is the first batch of low orbit broadband communication satellites developed by China. At present, these satellites have arrived at the launch site and are planned to be launched by the Long March 2C carrier rocket in the first quarter of 2022. After the successful launch, a satellite internet test network will be built, which can realize continuous communication services for more than 30 minutes at a time.
there are three highlights in the financial field
In the financial field, there are many bright spots and a large amount of gold. The four special measures include improving the financial support capacity of Shenzhen Agricultural Products Group Co.Ltd(000061) supply chain, promoting the interconnection of insurance markets in Shenzhen, Hong Kong and Macao, improving the convenience of cross-border trade settlement, and optimizing the market environment of infrastructure REITs.
Among them, there are three highlights worthy of attention.
First, in terms of improving the financial support capacity of Shenzhen Agricultural Products Group Co.Ltd(000061) supply chain, carry out the securitization of supply chain financial assets in a stable and standardized manner, and clearly put forward to explore the use of digital RMB for transaction settlement. This also means that in Shenzhen, the pilot test application scenario of digital RMB will be further expanded.
Since 2019, the central bank has successively carried out digital RMB pilot tests in Shenzhen, Suzhou, xiong'an, Chengdu and other places. In November 2020, six new pilot areas such as Shanghai were added.
In October 2020, Shenzhen took the lead in opening the public scope test of digital RMB, spreading tens of millions of "digital RMB red envelopes", which attracted widespread attention.
According to the white paper on the research and development progress of China's digital RMB, as of June 30, 2021, there have been more than 1.32 million digital RMB pilot scenarios, covering living payment, catering services, transportation, shopping consumption, government services and other fields. More than 20.87 million personal wallets and 3.51 million corporate wallets were opened, with a total of more than 70.75 million transactions and an amount of 34.5 billion yuan.
In fact, digital RMB can not only meet the public's demand for digital cash and help Inclusive Finance. At the same time, its "payment is settlement" feature is also conducive to enterprises and relevant parties to improve capital turnover efficiency while enjoying payment convenience.
Second, the interconnection of insurance markets in Shenzhen, Hong Kong and Macao will become the focus in the future. The opinions pointed out that we should actively promote the relevant work of the insurance service center, provide convenient preservation, claim settlement and other services for customers who have purchased Hong Kong and Macao insurance products in line with the national foreign exchange management policies on the premise of complying with the existing laws and regulations, and promote the establishment of relevant capital exchange and market Interconnection Mechanisms between Shenzhen and Hong Kong and Macao.
In particular, it is worth noting that the opinions clearly put forward that the pilot will open the direct settlement service of Hong Kong and Macao Insurance in Shenzhen public hospitals and allow the reimbursement of overseas drugs, thus pushing the cross-border insurance forward again.
After the official implementation of Guangdong Hong Kong Macao Dawan cross-border wealth management link, the interconnection of Dawan insurance market has also stepped up. However, compared with cross-border wealth management, cross-border insurance is more complex. In this year's government work report of Guangdong Province, it is also mentioned to build Hong Kong and Macao Insurance after-sales service center to promote "zhengxintong" and "insurance link".
Third, in terms of optimizing the market environment of infrastructure REITs, study the tax policy of infrastructure REITs, support the pilot of infrastructure REITs, and reduce the burden on enterprises and investors.
The development of REITs is inseparable from the support of innovative tax policies. Foreign REITs generally have special legislation to stipulate the tax mechanism in the form of legislation, which solves the problem of double taxation of enterprise income tax and equity dividends, and there are certain tax preferences at the level of buying and selling assets.
Under the guidance of the opinions, Shenzhen is also expected to take the lead in exploring the tax policy of infrastructure REITs and help build a more perfect policy system of infrastructure REITs.
further improvement of internet medical services
In the medical field, there are four special measures, including relaxing the market access restrictions of medicine and medical devices, piloting the sale of Internet prescription drugs, optimizing the approval and access services of human genetic resources, and relaxing the qualification and business access restrictions of medical institutions.
Among them, in terms of relaxing market access restrictions on medicine and medical devices, we support the promotion of real-world data application in the full life cycle clinical evaluation of local drugs and medical devices in Shenzhen, focusing on clinical evaluation in the fields of clinical urgent need, treatment of rare diseases, AI medical algorithm, precision medicine and traditional Chinese medicine, so as to further accelerate the listing process of new products, Timely discover and control the use risk of listed products. Accelerate the commercialization and clinical application of AI medical algorithms.
Ma min, President of China surgery Siasun Robot&Automation Co.Ltd(300024) enterprise Tinavi Medical Technologies Co.Ltd(688277) , told first finance: "this is consistent with the overall idea of the first trial system of Boao Music City in Hainan. It is bound to accelerate the approval, registration and clinical promotion of medical device enterprises and benefit patients as soon as possible."
\u3000\u3000 "The clinical trial of innovative products is the most time-consuming and cost-effective process before medical devices are launched. Real world data application refers to the direct diagnosis and treatment of patients in the areas where the first trial or real-world research is allowed as long as the relevant certification is obtained abroad. At the same time, it opens the channel of clinical and commercial aspects, enabling the industry to use the latest technology faster and speed up the popularization And speed. " Ma Min said that the "clinical evaluation focusing on AI medical algorithms and precision medicine" will benefit the medical Siasun Robot&Automation Co.Ltd(300024) industry and promote the implementation of smart medical solutions.
The pilot sale of Internet prescription drugs has also attracted much attention. The opinion proposes to establish Shenzhen Electronic Prescription Center (providing third-party information services for prescription drug sales institutions). For prescription drugs listed and sold in China, except for drugs banned by the state on the Internet, other drugs are allowed to be sold on the Internet by relying on the electronic prescription center without further approval.
OTC drug sales are the key business of some internet medical platforms. Taking JD health as an example, according to its financial report for the first half of 2021, commodity revenue (sales of medicine and health products) supported the overall revenue, accounting for 86.2% of the total revenue, and service revenue accounted for only 13.8% of the total revenue.
Pan Helin, executive director of the Digital Economy Research Institute of Central South University of economics and law, told first finance that the pilot is a great benefit to the Internet health platform. The entry of prescription drugs into Internet sales is the basis for the future promotion of telemedicine and can provide more convenience for patients to buy drugs. At the same time, the pilot sale of Internet prescription drugs is also the key system for the business expansion of Internet health platform in the future. At present, there are still some regulatory problems in online sales of prescription drugs. We hope to solve these regulatory problems through pilot exploration.
The above experts said that the key to the implementation of this pilot lies in supervision and medical insurance. Prescription drugs cannot be abused, so the supervision needs to continue to follow up. For medical insurance, online purchase not only improves the convenience of drug purchase, but also poses a challenge to medical insurance underwriting. Wang Pengbo, a senior analyst in the financial industry of Broadcom consulting, said that the pilot effect needs to be evaluated according to the follow-up progress, but this is a good start.
Chen Hua, CEO of huiyitianxia of enterprise Internet hospital, told first finance: "After Hainan, Shenzhen e-prescription center was established with the support of two ministries and commissions, which laid a foundation for the efficient and safe implementation of Internet prescription drug sales nationwide. In particular, the further opening of key links such as medical insurance settlement and purchase of prescription drugs has played a great role in demonstrating and promoting the value upgrading of Internet medicine in the era of digital economy."
