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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 Paul Welitzkin In New York(China Daily)2017-04-22 10:07

    A farmer loads fruit boxes with avocados onto a truck at an orchard in the municipality of Uruapan, Michoacan State, Mexico. AFPChinese consumers are developing a taste for avocados and officials in Mexico, the world's largest producer, said China is a market ripe for growth-as Mexico may be facin...

  • By Xinhua(China Daily)2017-04-17 07:32

    SHANGHAI - The latest benefit of the Shanghai Free Trade Zone is to its non-Chinese residents, who can apply for permanent residence in China simply with a letter of recommendation from the FTZ authorities. According to the social security bureau of the Shanghai Pudong New Area, the new policy will...

  • (chinaplus.cri.cn)2017-04-14 10:11

    Official figures are suggesting Shanghai is now the world's largest international trading city due to the government's measures to encourage and upgrade trade.Imports and exports through the city's ports were nearly 6.9 trillion yuan ($1 trillion) last year, accounting for 28.3 percent of national ...

  • By Zhong Nan And Ren Xiaojin(China Daily)2017-04-14 09:18

    The Lahore rail transit project, one of the first projects under the China-Pakistan Economic Corridor strategy, is under construction in July, 2016. [Photo/Xinhua]China Communications Construction Co, one of the country's biggest infrastructure project providers by market share, will boost its overs...

  • By Wang Yanfei In Boao, Hainan Province(China Daily)2017-04-14 08:20

    Omar Ishrak, chief executive of US­-based medical device manufacturer Medtronic.As China increases its efforts to provide low-cost and effective medical services through the government's healthcare reforms, the plan offers potential for all market players, including foreign companies.Omar Ishrak, c...

  • (Xinhua)2017-04-13 11:25

    Containers pile up at Waigaoqiao Port in the Shanghai Free Trade Zone. [Photo/ Xinhua]BEIJING — China's imports grew faster than exports in the first quarter, resulting in a 35.7-percent shrinking of trade surplus, customs data showed Thursday. Exports in yuan-denominated terms rose 14.8 percent y...

  • (Xinhua)2017-04-13 10:15

    SHANGHAI — Shanghai, home to regional headquarters of 580 multinational corporations, has seen more local companies expand overseas since its pilot free trade zone (FTZ) was launched in 2013.Shanghai enterprises have expanded to 178 countries and regions, with 70 percent of investment overseas com...

  • By He Wei In Shanghai(China Daily)2017-04-13 07:49

    A worker fills an order at the Lazada's warehouse in Jakarta, Indonesia. [Photo/Agencies]Alibaba Group Holding Ltd expects to complete the construction of an e-commerce and logistics hub in Thailand by 2019, taking the internet behemoth closer to Southeast Asian economies and its goal of shedding it...

  • By Zhu Lixin And Liu Kun In Wuhan(China Daily)2017-04-12 09:46

    Visitors watch a robotic arm making dough at a tech expo in Wuhan, Hubei province. [Photo/Xinhua]As the core area of China (Hubei) Pilot Free Trade Zone, Wuhan offers an example of how high-tech industry benefits the local economy.Shenzhen China Star Optoelectronics Technology Co, Ltd, a subsidiary ...

  • By Zhu Lixin And Zhou Lihua In Wuhan And Shi Baoyin In Zhengzhou(China Daily)2017-04-12 07:19

    A worker operates a machine in Yangluo Port in Wuhan, Hubei province. [Photo by Xiao Jingsong/For China Daily]Editor's Note: This is the second full-page report on China Daily covering China's newly launched third group of free trade zones, seven of which are spread from northeastern to central Chin...

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