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Xinhua Silk Road Database
Economy

Bird's-eye view of China's Free Trade Zones

March 30, 2020


Abstract : China's free trade zones (FTZs) are becoming important engines driving the growth of international investment and trade. From September 2013 to August 2019, China has approved to set up 18 FTZs , making great appeal to overseas enterprises.

BEIJING, March 30 (Xinhua) -- China's free trade zones (FTZs) are becoming important engines driving the growth of international investment and trade. From September 2013 to August 2019, China has approved to set up 18 FTZs , making great appeal to overseas enterprises. 

So far, the 18 FTZs have been set up in Shanghai, Guangdong, Tianjin, Fujian, Chongqing, Liaoning, Zhejiang, Henan, Hubei, Sichuan, Shaanxi, Hainan, Shandong, Jiangsu, Guangxi, Hebei, Yunnan, and Heilongjiang.

Over the past six years, the development of these FTZs have empowered a new round of comprehensive opening up in China through institutional innovation. 

Efforts have been made to launch differentiated exploration and experimentation in deepening Guangdong-Hong Kong-Macao cooperation, promoting Beijing-Tianjin-Hebei coordinated development, strengthening cross-Strait economic cooperation, promoting the Belt and Road construction, and speeding up the development of the Yangtze River Economic Zone. (Edited by Gao Jingyan with Xinhua Silk Road, gaojingyan@xinhua.org)

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Keyword: trade FTZs

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