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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 Dan Steinbock(chinadaily.com.cn)2017-06-23 14:57

    After the two-day summit at Mar-a-Lago, the US and China announced a 100-day plan to improve strained trade ties and boost cooperation between two nations.What will happen to US-China trade talks? During the past three decades, US trade stance has shifted from one that used to be multilateral and in...

  • By Zhong Nan(China Daily)2017-06-23 09:33

    Government lifts restrictions on range of business in nation's 11 pilot free trade zones More sectors are now open for foreign investment in China's 11 pilot free trade zones, ranging from helicopter manufacturing to financial services, the Ministry of Commerce announced on Thursday. China has pledg...

  • (Xinhua)2017-06-22 17:41

    BEIJING — China has this year significantly trimmed its negative list, which restricts foreign investment, in its pilot free trade zones (FTZs). Sun Jiwen, spokesperson for the Ministry of Commerce (MOC), said Thursday that the number of items on the list stands at 95 this year, 27 fewer than in 2...

  • By Zhong Nan(China Daily)2017-06-22 08:45

    The container ship COSCO Netherlands docks in Singapore port, the largest port in Southeast Asia.[Photo/Xinhua]China COSCO Shipping Corp is extending its container fleet as the company expands its sea routes.The group, through its subsidiary China COSCO Shipping Holding Co Ltd, plans to buy six mega...

  • By Zhong Nan(China Daily)2017-06-22 07:41

    China COSCO Shipping is expanding its global reach as part of the government's Belt and Road Initiative Editor's note: In the run-up to the 19th CPC National Congress, China Daily will cover a series of reforms made by the government. In this edition, we take a look at the consolidation of the shipp...

  • By Shi Jing In Shanghai(China Daily)2017-06-21 10:15

    Customers walk past a L'Oreal counter at a shopping center in Rizhao, Shandong province. [Photo/China Daily]Major foreign cosmetic companies are basking in the sweet smell of success after a move to cut red tape on imported beauty products in Shanghai.The decision to prune the customs procedure from...

  • By Shi Jing In Shanghai(China Daily)2017-06-21 09:00

    A customer tries the Xbox One game console at an electronics store in Hangzhou, Zhejiang province. [Photo/China Daily]Gaming giants Microsoft Corp and Sony Corp have expanded their reach here after being banned before the China (Shanghai) Pilot Free Trade Zone was launched nearly four years ago.The ...

  • By Zhuo Wenting In Shanghai(China Daily)2017-06-21 08:35

    Hong Kong continues to remain an important source of investment for the China (Shanghai) Pilot Free Trade Zone.Investors from the city have set up more businesses there than any other region or country, according to Li Wei, deputy general manager of Shanghai Waigaoqiao Free Trade Zone Group Co Ltd, ...

  • By Shi Jing In Shanghai(China Daily)2017-06-21 07:56

    Two pedestrians walk past the Shanghai FTZ. [Photo/China Daily]Editor's note: In the run-up to the 19th CPC National Congress, China Daily will cover a series of reforms, showcasing huge improvements in the country's services.More than 60,000 free trade accounts help serve over 27,000 domestic and o...

  • By Andrew Sheng And Xiao Geng(China Daily)2017-06-21 07:29

    July 1, 2017, will mark the 20th anniversary of Hong Kong's reunification with the motherland. It comes at a moment when Chinese leaders are increasingly promoting Hong Kong's unique role in advancing the country's economic development. Two months ago, Premier Li Keqiang described China's intention ...

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