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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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  • (China Daily)2017-02-24 08:04

    Shanghai Insurance exec put under investigation Wang Yincheng, president and deputy Party chief of the People's Insurance Company of China, is under investigation for severe violations of Party disciplines, the Central Commission for Discipline Inspection, the country's top anti-graft watchdog, said...

  • (Xinhua)2017-02-22 10:26

    BEIJING - China will encourage local governments to issue bonds in free trade zones in 2017, the Ministry of Finance (MOF) said Tuesday. Governments of regions where conditions mature can "actively" issue bonds in FTZs, according to a circular released by the MOF. Local officials were also told to a...

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    Foreign direct investment to China dropped by 9.2 percent year-on-year to $12 billion in January, 2017. [Photo/VCG]Foreign direct investment to China will be further optimized and diversified in the long run as the country's economy is transformed and upgraded, the top commerce official said on Tues...

  • By Wang Yu, Ouyang Shijia And Liu Weifeng(China Daily)2017-02-20 08:12

    Integrated Beijing, Tianjin, Hebei creating global city cluster The integrated and synergetic development of Beijing, Tianjin and Hebei province - a national strategy preparing the way for the country's next growth engine - is expected to create a global city cluster and fuel the growth of the whole...

  • By Xu Junqian In Shanghai(China Daily)2017-02-17 08:14

    Cem Karakas, CEO of Pladis Group, smiles as he poses for a portrait at his company's headquarters in London. [Photo / Agencies]Demand driven by China is key driver for future growth, Godiva chocolates owner chief saysCem Karakas may be running the world's newest snack conglomerate, Pladis Group-es...

  • (Xinhua)2017-02-16 10:54

    OTTAWA - With exploratory talks on a Canada-China free trade agreement scheduled to begin next week in Beijing, Canadian Agriculture and Agri-Food Minister Lawrence MacAulay wants the farm-to-fork sector he oversees in government to be one of the main courses on the menu of a future bilateral trade ...

  • (chinadaily.com.cn)2017-02-15 14:22

    Containers are seen at Yangshan Deep Water Port, part of the Shanghai Free Trade Zone, in Shanghai, Feb 13, 2017. [Photo/Agencies]Morgan Stanley is bullish on China's long-term economic outlook in its recent report, saying the country will avoid a bank crisis and surpass the World Bank's standard of...

  • By Dai Tian(chinadaily.com.cn)2017-02-14 13:46

    Containers are seen at Yangshan Deep Water Port, part of the Shanghai Free Trade Zone, in Shanghai, Feb 13, 2017. [Photo/Agencies]Shanghai has moved to deepen reforms by reinventing its pilot Free Trade Zone (FTZ) into a world-class free port, Shanghai Securities News reported on Tuesday.Such an amb...

  • (chinadaily.com.cn)2017-02-13 10:55

    Preparation for seven new free trade zones (FTZs) is moving into the final stages, with the launch date expected within weeks, Security Daily reported on Monday.The country's third batch of pilot FTZs, which aim to boost inland regions, are likely to be launched as early as the end of the month, Xia...

  • By Chen Meiling In Changchun(China Daily)2017-02-13 08:32

    Changchun New Area has mapped out a brilliant future: as a national-level new area, a free trade experimental area, and a key hub in China's opening-up to the world. It will play a pivotal role in implementing China's Belt and Road Initiative. Now the area has embarked on its journey to becoming a p...

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