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