Advantages of China (Guangxi) Pilot Free Trade Zone include

Legal analysis: the principle of "equal priority and appropriate relaxation" of foreign capital has been established. According to the principle of equal priority and appropriate relaxation, it is stipulated to promote open cooperation with ASEAN and support foreign-funded enterprises such as ASEAN countries to accelerate their development in the Pilot Free Trade Zone. The Pilot Free Trade Zone should scientifically co-ordinate all kinds of open resources, promote the integration and development of open platforms and mechanisms such as China-ASEAN Expo, China-ASEAN Business and Investment Summit, new international land and sea trade channel (new land and sea channel in the west), ASEAN-oriented financial opening portal, China-ASEAN information port and key development and opening pilot zones along the border, and promote the establishment of China-ASEAN economic and trade center to achieve functional integration, innovation integration and development synergy.

Legal basis: Regulations of China (Guangxi) Pilot Free Trade Zone

Article 3 The Pilot Free Trade Zone takes institutional innovation as the core, replicability and popularization as the basic requirements, focuses on serving the Belt and Road construction and China-ASEAN open cooperation, and revolves around the strategic task of building Guangxi into a new international land and sea trade channel facing ASEAN, forming an important gateway for the organic connection between the 2 1 century Maritime Silk Road and the Silk Road Economic Belt, and creating a new strategic fulcrum for the open development of southwest central and south China. Strive to build a high-standard and high-quality free trade park with convenient trade and investment, perfect financial services, safe and efficient supervision, outstanding radiation-driven role and leading China-ASEAN open cooperation. The Pilot Free Trade Zone should actively explore the construction of a free trade port.

Article 4 The development of each district shall adhere to the functional orientation determined by the state, make scientific planning and differentiate development, and guide the factors of production to gather in key development industries by means of attracting investment, financial support and land development and utilization. Establish the linkage and cooperation mechanism of each district, learn from each other's strengths, complement each other's advantages, promote each other and develop together.