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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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  • (Xinhua)2017-10-11 09:13

    SHANGHAI — TransContainer, the biggest container operator in Russia, set up a branch company in Shanghai Tuesday, to cater for business in the logistic center under the Belt and Road Initiative. The company, TransContainer Freight Forwarding (Shanghai) Co Ltd, has a registered capital of $1.2 mill...

  • (China Daily)2017-10-11 07:24

    President's tours over past five years helped him form ways to improve lives Since the 18th Communist Party of China National Congress in 2012, Xi Jinping, general secretary of the CPC Central Committee, has been all over the country on inspection tours. Five years ago, Xi chose Shenzhen as his firs...

  • (China Daily)2017-10-09 06:58

    SHANGHAI - From the latest designer fashion to the most cutting-edge high-tech products, China's increasingly open market has brought the world's best goods to it doorstep. Through the government-supported parallel import scheme, more Chinese consumers enjoy easy access to overseas premium vehicles ...

  • (Xinhua)2017-09-29 10:12

    BEIJING — The State Council, China's cabinet, on Thursday decided to expand a reform to cut business red tape. The reform, being tested in Shanghai Pudong New Area, separates business operation permits from business licenses and streamlines approval for new businesses. A total of 10 free trade zon...

  • By Donald J. Lewis(chinadaily.com.cn)2017-09-25 15:43

    Photo taken on June 23, 2016 shows a container yard at the port of Manzhouli, Inner Mongolia autonomous region. [Photo/Xinhua]I think most would agree the Belt and Road Initiative is now the prime focus and direction of China's economic diplomacy, as well as its international trade and investment re...

  • (Xinhua)2017-09-25 10:50

    SHANGHAI — From the latest designer fashion to the most cutting-edge high-tech products, China's increasingly open market has brought the world's best goods to it doorstep. Through the government-supported parallel import program, more Chinese consumers enjoy easy access to overseas premium vehicl...

  • (Xinhua)2017-09-25 10:01

    BEIJING — China will roll out a negative list for foreign investment, which has been tested in pilot free-trade zones. The negative list model, which states the sectors and businesses that are off limits to foreign investment, will be adopted nationwide as early as 2018. "Introduction of the negat...

  • 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...

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