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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 Ouyang Shijia(China Daily)2017-11-06 08:31

    The first China International Import Expo will further deepen the country's opening up and promote economic globalization, Minster of Commerce Zhong Shan said on Sunday. Speaking at the one-year countdown ceremony for the expo, Zhong said it is a key move for China to open its economy and will furt...

  • By Jiang Xueqing(China Daily)2017-11-04 09:57

    A rebound in Chinese companies' overseas mergers and acquisitions is on the horizon, thanks to the implementation of the Belt and Road Initiative, according to Baker McKenzie, a Chicago-based multinational law firm.Cross-border M&As by Chinese companies had slowed during the first half of this year ...

  • By Jiang Xueqing(China Daily)2017-11-04 07:11

    A rebound in Chinese companies' overseas mergers and acquisitions is on the horizon, thanks to the implementation of the Belt and Road Initiative, according to Baker McKenzie, a Chicago-based multinational law firm. Cross-border M&As by Chinese companies had slowed during the first half of this year...

  • By Zhong Nan And Ren Xiaojin(China Daily)2017-11-03 07:52

    China will cut tariffs on consumer goods and enhance bank financing to boost imports and ensure more stable economic growth, senior commerce officials said on Thursday. Wang Bingnan, vice-minister of commerce, said the country will amend the Catalog of Encouraged Technologies and Product Imports, en...

  • By Zheng Xin(China Daily)2017-11-02 07:03

    Containers are seen at Yangshan Deep Water Port, part of the Shanghai Free Trade Zone, in Shanghai, Feb 13, 2017. [Photo/Agencies]Former US treasury secretary Henry Paulson said China and the United States, the two biggest economies, should not let trade tensions get out of hand because of their sha...

  • By Zhong Nan And Ren Xiaojin(China Daily)2017-11-01 08:15

    Free trade zones in China's central and western regions do not have a physical port, but they still have major potential to build up their free trade ports and thereby facilitate wider regional growth, government think tanks said on Tuesday.Their comments came after the Ministry of Commerce's move t...

  • (China Daily)2017-11-01 07:11

    Events and stories coming up in the next few days Finance forum to promote Public-Private Partnerships The third China Public-Private Partnerships Financing Forum will be held in Shanghai on Wednesday and Thursday. PPPs, collaborative investments between government and private companies, have existe...

  • (China Daily)2017-10-31 07:53

    Containers are seen at Yangshan Deep Water Port, part of the Shanghai Free Trade Zone, in Shanghai, Feb 13, 2017. [Photo/Agencies]IN THE REPORT he delivered at the 19th National Congress of the Communist Party of China in Beijing on Oct 18, General Secretary of the CPC Central Committee Xi Jinping p...

  • By Li Fusheng(China Daily)2017-10-30 07:48

    China may soon allow foreign automakers to establish wholly owned operations in China, possibly first in free trade zones, according to heads of the country's leading car associations. "Probably as early as next year, China will allow them to build wholly owned facilities dedicated to new energy car...

  • By Zhong Nan(China Daily)2017-10-27 07:21

    China plans to introduce high-standard trade, financial, foreign currency and investment supervision systems as part of a free port within the Shanghai Pilot Free Trade Zone to further compete with other major shipping hubs such as Singapore and Hong Kong, the Ministry of Commerce said on Thursday. ...

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