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China working on building free trade ports

October 27, 2017


Abstract : The Ministry of Commerce is working on the building of free trade ports in China's free trade zones (FTZs), a spokesman said Thursday.

BEIJING, Oct. 26 (Xinhua) -- The Ministry of Commerce is working on the building of free trade ports in China's free trade zones (FTZs), a spokesman said Thursday.

The ministry should "follow higher standards and push for more comprehensive and deeper opening up," spokesman Gao Feng said at a press conference Thursday.

"The ministry is currently working with Shanghai Municipality and other departments on making the plan [for building free trade ports]," Gao said.

The Shanghai FTZ will build a top-level free trade port and implement trade supervision regulations in accordance with higher standards, according to a document made public in March by the State Council.

The FTZ in east China's Zhejiang Province also aims to build a high-standard pilot free trade port to push international commodity trade liberalization with a focus on oil products. Enditem

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Keyword: China-working-building-free-trade-ports

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