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Foreign companies use real money to cast a vote of confidence in Lingang

2024-07-26

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Lingang New Area

Recently, Tesla cars have been included in the procurement lists of local governments and state-owned enterprises. The new cars rolling off the production line of the Lingang New Area Super Factory will soon become "public vehicles." Regarding its first entry into the government procurement list, Tesla's global vice president Tao Lin said on social media yesterday: "'Foreign companies are not excluded' reflects the fairness, openness and inclusiveness of the Chinese market, and also gives Tesla great confidence in its development."

The reporter learned from Tesla yesterday that in early July, Tesla Model Y vehicles purchased by several state-owned enterprises in the new area, including Chengtou Xinggang Group and Lingang Investment Holding Group, have been delivered one after another.

The Third Plenary Session of the 20th CPC Central Committee made important arrangements for promoting high-level opening-up and expanding the use of foreign capital, requiring the steady expansion of institutional opening-up and guaranteeing national treatment for foreign-invested enterprises in terms of factor acquisition, qualification licensing, standard setting, government procurement, etc.

Five years ago, as China's first wholly foreign-owned vehicle manufacturing project, the start of construction of Tesla's Shanghai Super Factory was a vivid footnote to the full opening of my country's general manufacturing sector. At present, the Shanghai Super Factory has achieved a localization rate of more than 95% for parts, thereby driving the new energy vehicle industry to become the largest and most efficient frontier industry in the new area. In 2023, the output value of Lingang's smart car industry will exceed 300 billion yuan, achieving a miracle of 10-fold growth in 5 years.

Standing at the forefront of reform and opening up, reform has always been the biggest dividend of the new area, and opening up has always been the most important mission of the new area. Lingang is making every effort to launch the "first shot" of a new round of reform and opening up, attracting more enterprises and projects with the advantages of being the first to try, and continuously creating a market-oriented, legal, and international first-class business environment, providing efficient docking, high-quality services and convenient conditions for Chinese and foreign enterprises to deepen their development, and better supporting enterprises to cultivate and expand new quality productivity and participate in building world-class industrial clusters.

In the five years since the establishment of the Lingang New Area, the actual amount of foreign direct investment has increased by an average of 45.3% per year, the trade import and export volume has increased by an average of 37.5% per year, and more than 100,000 new domestic and foreign-funded enterprises have been established. Foreign companies such as Tesla have cast their "vote of confidence" with real money.

After 5 years, Tesla once again chooses Lingang

After a lapse of 5 years, Tesla started construction of another super factory - the Shanghai Energy Storage Super Factory in Lingang in May. This is its first energy storage super factory outside the United States. It will produce ultra-large electrochemical commercial energy storage system Megapack and is expected to be put into production in the first quarter of 2025.

The construction of this super factory took only one month from negotiation to signing, and the Lingang New Area once again set a new record for "Tesla speed". "The construction of the factory has been completed by about 30%, and the main structure of the main plant has been completed for the most part." Wang Xiaowei, senior director of infrastructure at Tesla, introduced the latest progress to reporters.

Why did they choose Lingang again after 5 years? Undoubtedly, the "experience" of Tesla's Shanghai Super Factory in Lingang over the past 5 years was the key, and behind this was the continuously upgraded service capabilities and business environment of the new area.

It is reported that after the energy storage super factory is put into production, relying on the two docks adjacent to the factory, Yangshan Deepwater Port and Nangang Port, Tesla's energy storage products are expected to be quickly sold around the world. In addition, the new area's advantages in bonded processing, cross-border data, capital inflow and outflow, etc., provide convenient conditions for the globalization of Tesla products.

It is worth noting that Tesla has passed the national authoritative data security monitoring in April this year, and its FSD (full self-driving) function is expected to accelerate its landing in the domestic market. In the second quarter earnings conference call, Tesla CEO Musk revealed that the FSD system will enter China, Europe and other countries in version V12.5 or 12.6.

In just a few months, a "concept" became a production line

In the five years since its establishment, the Lingang New Area has consciously shouldered the mission of reform and opening up entrusted by the times, and has better helped the country to test systems, make up for shortcomings, and explore new paths. It has formed 48 national first-of-its-kind institutional innovation cases and basically established the "five freedoms and one convenience" system.

Also due to the institutional innovation and business environment, this month, the internationally renowned chocolate brand Lindt & Spritz upgraded its storage center in the Yangshan Special Comprehensive Bonded Zone to a packaging and logistics distribution center, obtained a food production license, and officially started production. This is the first packaging center and food production line opened by Lindt & Spritz in the Asia-Pacific region. The first phase of the project will invest 10 million Swiss francs, and the products will be supplied to 15 Asian countries and regions.

"Sea transportation has a long transoceanic transport cycle, and the punctuality of routes is unstable, which poses a continuous challenge to the stability of the company's supply chain. We want to set up a packaging center in the Asia-Pacific region to package and sell Lindor soft-core chocolate and other products in combination according to the market demand in the Asia-Pacific region." Earlier this year, Lindt & Sprüngli raised the above difficulties during a visit by a "shop assistant" and hoped to solve them.

To this end, the Municipal Market Supervision Bureau, Lingang New Area Management Committee and Market Supervision Bureau jointly promoted the innovation of food production and operation license and supervision mechanism in Yangshan Special Comprehensive Bonded Zone, turning the company's "concept" into a real production line in just a few months. Compared with the traditional path, after the project is put into operation, the freshness of Lindt & Spritz chocolate delivered to end consumers in the Asia-Pacific region will be increased by more than 4 months.

Author: Zhou Yuan

Text: Zhou Yuan Photo: Xing Qianli Editor: Fu Lu

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