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Shanghai pilots free trade zone
Shanghai pilots free trade zone
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Shanghai is set to test the water for further financial reform after the central government approved the establishment of a pilot free trade zone in the business hub. The city has released detailed guidelines including measures to allow more private capital in the banking sector and promote cross-border use of the yuan.
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  • By Shi Jing And Cao Chen In Shanghai(China Daily)2017-09-21 07:05

    China (Shanghai) Pilot Free Trade Zone, the first of its kind in the country, has been working as a driving force of deepened reform and opening-up, with the number of innovative ideas and policies duplicated and promoted worldwide as President Xi Jinping called for in 2014. According to the Shangha...

  • By Chen Jia(China Daily)2017-09-19 07:52

    A Fidelity Investments office in Boston, Massachusetts. The company has started to provide private equity products on the Chinese mainland. [Photo/IC}Foreign private equity managers are rushing to apply for onshore business licenses in China.As the financial system continues to open up, PE firms pla...

  • By Zhang Jun(chinausfocus.com)2017-09-18 14:08

    An industrial robot interacts with a participant of the Dalian Summer Davos Annual Meeting at the Dalian International Conference Center in Dalian, Northeast China's Liaoning province, June 27, 2017. [Photo by Zhu Xingxin/chinadaily.com.cn]China has achieved some four decades of rapid economic growt...

  • By Wang Yanfei And Li Fusheng(China Daily)2017-09-16 06:58

    Liberalizing rules for foreign equity in key sectors a priority, regulator says China plans to open the domestic market wider to foreign investment in several key sectors, and the manufacturing of new energy vehicles and the financial sector are among the priorities for liberalization in coming mon...

  • By Dan Steinbock(China Daily)2017-09-15 09:16

    In mid-August, President Donald Trump asked US Trade Representative Robert Lighthizer, a Ronald Reagan administration trade hawk, to open an investigation into China's intellectual property practices. And the first public hearing on China's trade conduct is scheduled for Oct 10 in Washington. As Lig...

  • By An Baijie(China Daily)2017-09-13 08:20

    China is expected to open its market soon for seafood imports from Peru soon amid the two countries' joint efforts to upgrade their free trade agreement in line with the consensus reached by their leaders, said the Peruvian ambassador to China. Peruvian Minister of Production Pedro Olaechea will com...

  • (China Daily)2017-09-12 07:58

    Cutting of red tape to boost businesses China will keep streamlining administration approvals and reducing red tape to improve its business environment, the State Council's executive meeting decided on Sept 6. The government will expand a pilot reform introduced in 2015 in Shanghai's Pudong New Area...

  • (Xinhua)2017-09-09 10:09

    SHANGHAI — The Australian Business Chamber signed an agreement with the Hangzhou Wine Association on Friday on trade and investment. Four Australian exporters in different industries also signed Memorandum of Understanding with Chinese partners on Friday. Among them, eco-friendly botanical cleanin...

  • By Xu Wei(China Daily)2017-09-07 09:04

    Red tape cut by State Council meeting led by Premier Li Keqiang China will keep streamlining administration approvals and reducing red tape to improve its business environment, a State Council executive meeting chaired by Premier Li Keqiang decided on Wednesday. The government will expand a pilot ...

  • By He Wei In Xiamen(China Daily)2017-09-04 09:08

    Tangible endeavors are helping to jump-start the emerging economies The BRICS countries are expected to reach consensus on financial inclusion, green growth, coordination of international tax affairs and commitment to free trade as they gather in an annual summit to explore novel financial cooperati...

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