China (Shanghai) Free Trade Area Negative Listing Management Institution Research

Negative list system management model is a new measure for foreign capital introduction in Shanghai Free Trade Zone since 2013, which demonstrated our government’s resolve in decentralization and reduce regulation. It is also a important step for Chinese economy to get in line with international economy and trade system.The Negative list system of "decentralization" are different from the Positive list system of "authoritarian" in respect of management mode, measures and system. In three years the government constantly perfected the previous positive list for examination and approval, government supervision and management mode gradually approaches into any business without being limited by its nationality, regional identity alike, would enjoy the same access after the treatment, plus on the premise of negative inventory management model, after the government supervision and management. This article studies the negative list system and the management pattern in Shanghai free trade zone from 2013 to 2015, summarizes the negative list system management mode to define the relationship between the government and the market and the establishment of responsibility transformation, the transition of the function of the government, access to review the approval system innovation and development, how to attract more foreign investment in building a service-oriented government, as well as the significance of international trade rules and so on. Through case studies from foreign advanced countries, this dissertation reveals the gap between Shanghai free trade zone negative list system management mode and foreign countries and China’s deficiencies in negative list system implementation. Finally, this dissertation gives some policy guidance and advice on implementation of negative list system, according to China’s national conditions and the direction of the transformation of economic development.