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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 Christopher M. Campbell(chinadaily.com.cn)2017-06-05 10:37

    The Silk Road Economic Belt and the 21st-century Maritime Silk Road (丝绸之路经济带和21世纪海上丝绸之路) or One Belt, One Road (OBOR) is a dynamic development strategy and framework, proposed by Chinese President Xi Jinping in 2013 that promotes the connectivity and cooperation of co...

  • By An Baijie(China Daily)2017-06-03 06:49

    Visit to Kazakhstan expected to yield harvest of cooperation President Xi Jinping's upcoming trip to Kazakhstan, beginning on Wednesday, is expected to bring more outcomes of cooperation on jointly building the China-proposed Belt and Road, analysts said. At the invitation of Kazakhstan President Nu...

  • By Zacharias Kampanis(chinadaily.com.cn)2017-06-02 20:04

    One Belt One Road perhaps is China’s most ambitious initiative. Its purpose is to facilitate the trade, by reviving the Old Silk Road, both at Land and at Sea. Here we have to mention that the Asian Investment and Infrastructure Bank (AIIB), a multilateral development bank, which has its headquart...

  • By Zhang Yue In Berlin And Li Xiaokun In Beijing(China Daily)2017-06-02 07:18

    Merkel agrees to help gain support from EU nations on trade protocol China and Germany signed a basket of deals on Thursday, many on crucial areas like automatic driving and aviation. Premier Li Keqiang and German Chancellor Angela Merkel witnessed the signing ceremony after their meeting on Thursda...

  • By Jiang Shixue(China Daily)2017-06-01 07:44

    Chinese premier Li Keqiang arrives in Berlin for his official visit to Germany May 31st, 2017. [Photo/Xinhua]Premier Li Keqiang began his four-day visit to Germany and Belgium on Wednesday, during which he is scheduled to attend the annual meeting with German chancellor and the 19th China-EU leaders...

  • By He Wei In Shanghai(China Daily)2017-05-31 08:29

    Prominent international and Chinese economists and experts called for more inclusive development models to sustain globalization and deepen trade ties over the weekend.They added the Belt and Road Initiative served as the remedy to address the growing inequality within and across nations.Attending t...

  • By Zhang Yue(China Daily)2017-05-31 07:35

    Move to simplify administrative procedures, reduce costs for enterprises, and benefit world economy Cargo clearance procedures will be streamlined to smooth foreign trade and improve the business environment. The State Council's executive meeting on May 24 announced that a "single-window system" wil...

  • By Wu Yiyao In Shanghai(China Daily)2017-05-27 09:42

    US-based investment company Vanguard Group Inc launched its wholly foreign-owned enterprise in the China (Shanghai) Free Trade Zone on Thursday.The world's largest mutual fund firm in terms of assets under management is the latest entrant to China's capital market through the WFOE route. Its entry s...

  • (Xinhua)2017-05-26 07:25

    The first China-Europe freight train in Shenzhen is about to depart from the city for Minsk, Belarus on Monday. XUAN HUI / FOR CHINA DAILYGoods worth up to $8m on route to Minsk as part of B&R Initiative BEIJING - China's southern city of Shenzhen launched its first Europe-bound freight train on M...

  • (China Daily)2017-05-26 07:03

    Goods worth up to $8m on route to Minsk as part of B&R Initiative BEIJING - China's southern city of Shenzhen launched its first Europe-bound freight train on Monday. It became the 29th Chinese city to introduce rail service to Europe with the train loaded with goods worth $8 million. Products inclu...

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