02 SHENZHEN CONTACT US AT: 8351-9438, VANKOCHENSQ@163.COMMonday May 25, 2020

A PORTION of the contents in this year’s report on govern-ment work delivered by Premier Li Keqiang on Friday at the annual session of the National People’s Congress are related to Shenzhen’s development.

One of the highlights in the report is that the country will reform the ChiNext stock market and pilot a registra-tion-based IPO system.

The plan, which was just passed in a central meeting held last month, is said to be an important move to strengthen reform of the capital market, refine fundamental mecha-nisms of the capital market and to improve the capital market’s functions.

This is also a response to what has been said in the guidelines for supporting Shenzhen to build the pilot demonstration area of socialism with Chinese characteristics released by the Central Government. The guid-ance also includes better sys-tems for the listing, refinancing and merger and acquisition of the ChiNext stock market and creating conditions to push forward the reform of the reg-istration-based IPO system, according to Shenzhen Special Zone Daily.

This will not only ben-efit Shenzhen, but the whole country’s capital market and will stabilize the economy, said the Daily.

In terms of support for high-tech innovation, the report suggested speeding up construction of national laboratories, restructuring the system of national key labora-tories, and developing private R&D institutions.

At present, Shenzhen is one of four cities in the country that is a home to a comprehensive national science center. This will attract more world-class scientists to the city and enhance the city’s capabilities for innovation.

Further reduction on corpo-rate burden is another focus of the report. Detailed measures include reducing the rate of value added tax and the share

of employees’ basic old-age insurance paid by enterprises and encouraging banks to substantially increase credit loans, first-time loans, and loan renewals without repayment of principal for micro and small-sized enterprises.

More than 90 percent of the firms in the city are micro, small and medium-sized. These policies will bring in hopes to them.

The report also mentioned the role of leading cities and city clusters in an effort to increase employment and cul-tivate new industries. It was said that Shenzhen will further include Heyuan and Shanwei city to an area circle originally

comprised of Shenzhen, Dong-guan and Huizhou. The whole area circle accounts for nearly 40 percent of Guangdong’s total GDP.

At the same time, the report urges efforts to speed up the construction of the Guangdong-Hong Kong-Macao Greater Bay Area and to actively leverage the role of foreign capital by giving free trade zones more autonomy.

Shenzhen this year will further develop the China (Guangdong) Pilot Free Trade Zone Qianhai & Shekou Area of Shenzhen to open up the city even more.

(Wang Jingli)

Govt. work report concerns SZ-related issues

LI XIN, a political adviser from Shenzhen, has proposed introducing skilled immigra-tion policies into Shenzhen to make it easier and faster for high-skilled immigrants to stay and contribute to building the city into a pilot demonstration area of socialism with Chinese characteristics.

Li, director of Guangdong Provincial Committee of China National Democratic Construction Association, has submitted the proposal to the 13th National Committee of the Chinese People’s Political Con-sultative Conference (CPPCC), the country’s top political advi-sory body, Shenzhen Economic Daily reported Saturday.

According to Li, supporting Shenzhen to spearhead skilled migration policies is in line with the Central Government’s deci-sion, which is helpful to provide reference for other cities in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).

Li suggested that Shenzhen should be given greater author-ity to manage foreign talented workers in terms of work per-mits for overseas high-level talent and permanent or long-term residence.

It is also advised to estab-lish an occupation list and a points system for skilled immigrants, so as to facilitate foreign talent working and living in Shenzhen to acquire

or resume Chinese nationality.A third-party international

medical insurance settlement center should be set up in Shenzhen, and international talented workers can purchase overseas insurance without the limitation of foreign exchange quota management, according to Li.

The children of international high-end talent who come to work in Shenzhen can study in all kinds of primary and second-ary schools in Shenzhen, which can set up international classes for the children, Li advised.

Two other CPPCC members from Shenzhen have also sub-mitted proposals concerning the construction of the GBA.

Political adviser Wang Mingfan proposed to launch connected medical services in the Greater Bay Area, such as diagnosis and treatment on the Internet, long-distance consultation and reducing the waiting time of Hong Kong and Macao residents who come to the mainland for diagnosis and treatment.

CPPCC member Ken Chu pro-posed to formulate a regional tourism destination develop-ment plan for the Greater Bay Area within the framework of the existing GBA devel-o p m e n t plan.

(Zhang Yu)

Han Ximinximhan@126.com

THE High School Affiliated with Southern University of Sci-ence and Technology, a board-ing high school funded by the city government, will open this September with fresh students for their Freshman year.

The school is located in Fuhai Subdistrict, Bao’an District, and covers 53,000 square meters. With a floor space of 128,000 square meters, the school will have 48 classes.

Wang Peidong, former principal of the high school attached to Xi’an Jiaotong University in Shaanxi Province, has been appointed as principal of SUSTech high school. Wang won a number of awards for teaching, education innovation and reform in Shaanxi and the country.

At the Teachers’ Day cer-emony in September last year, Wang, as the only representa-

tive from Shaanxi that won the title of model worker in the national education system, was greeted by President Xi Jinping and Premier Li Keqiang at the Great Hall of the People in Beijing.

Using the quality educa-tion resources of SUSTech, the high school will explore the talent cultivation ability that links high school and the university and will focus on cultivating students of innova-tive awareness and capability, according to an announcement by SUSTech.

The attached school will set up an academic committee to guide the personalized devel-opment of students, render support for teaching teams to maintain teaching and research vitality and vision.

An expert team consist-ing of academicians from the Chinese Academy of Sciences and the Chinese Academy of Engineering will give lectures

and participate in the guid-ance of students for their future careers.

The school will set up a future education research institute to help students develop disciplin-ary contests, research natural and social sciences, especially in the sectors of information technologies, artificial intelli-gence and science innovation.

The school will invite aca-demics, experts and public figures from different social sectors to be tutors of the students.

The school will also adopt a project-based interdisciplinary learning mechanism to inspire students to explore sciences at the future education research institute, STEAM center, future classrooms, a 3-D print-ing research studio that will be built at the school and provide an environment that will be to the all-around benefit and personalized development of students.

AN underground tunnel linking Bao’an District and Qianhai will be built as part of the extension project of Binhai Boulevard, sources from the construction center of Shenzhen Municipal Transport Bureau announced recently.

Section A of Phase I of the extension project starts from Tinghai Road in Qianhai and goes to Xixiang Boulevard in Bao’an. In the southern end, the tunnel will be connected

with Guimiao Road through an underground interchange with Tinghai Road. It will then go northward passing Qianhai Bay through an underground tunnel, bridges and ground road and finishing at the interchange with Xixiang Boulevard.

The 5.5-kilometer extension includes a 1.6-kilometer por-tion under the Qianhai Bay and a 3.9-kilometer portion in Bao’an District. (Han Ximin)

An employee with DJI provides training to drone lovers in Shenzhen Central Park in Futian District on Saturday. With an increasing number of enthusiasts in UAVs (Unmanned Aerial Vehicles), commercial drones take 70 percent share in the market and trainings for UAV owners has become essential. Sun Yuchen

CPPCC member proposes skilled immigration into SZ

SUSTech high school to open in September

Underground tunnel linking Bao’an and Qianhai to be built

UAV training