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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 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 ...

  • By Li Fusheng(China Daily)2017-06-21 07:23

    US electric car manufacturer Tesla Inc will produce vehicles soon in China to seize a bigger share of the world's largest new energy vehicle market. Tesla's production facilities would be located in Shanghai's Lingang Economic Development Zone, and an agreement could be announced as soon as this wee...

  • (Xinhua)2017-06-19 10:22

    BEIJING - After an accumulative investment of over 6 billion euros in China over past two decades, the world's leading chemical group BASF has recently inaugurated a new plant for emollients and waxes in Shanghai. With an investment of 150 million yuan ($22 million), the project is BASF's largest ev...

  • (China Daily)2017-06-19 07:05

    Events and stories coming up in the next few days Morgan Stanley decision due on China A shares Morgan Stanley Capital International will announce on Tuesday whether it will finally include China's domestic A shares in its global indexes. In June last year, the global financial services company dela...

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