TRENDING China issues overall plan for new area of Shanghai FTZ

TRENDING

China issues overall plan for new area of Shanghai FTZ

Xinhua

10:09, August 07, 2019

China's State Council, or the cabinet, has issued an overall plan for the new Lingang area of the China (Shanghai) Pilot Free Trade Zone.

According to the plan, the new section will match the standard of the most competitive free trade zones worldwide and implement opening-up policies and systems with strong global market competitiveness.

The new area will facilitate overseas investment and capital flows and realize the free flow of goods, according to the plan.

The area will be built into a special economic function zone with global influence and competitiveness, to better serve the country's overall opening-up strategy, it says.


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