XI’AN, Dec. 7 (Xinhua)--Up to October 13, 2017, 6,114 enterprises had registered in China (Shaanxi) Pilot Free Trade Zone (Shaanxi FTZ), with a total registered capital of 185.66 billion yuan (about 28.13 U.S. dollars).
Major projects in modern logistics, high-end manufacturing, trade & finance and civil-military integration have settled in Shaanxi FTZ, including the launch of phase 2 of Samsung Electronics with a total investment of 7 billion U.S. dollars, settlement of Xi'an Guolian New Energy Investment Management Partnership with a registered capital of 10 billion yuan in Xi’an Economic & Technological Development Zone, settlement of CMIG Leasing Holdings Limited with a registered capital of 3 billion yuan in Xi'an International Trade & Logistics Park, settlement of Amazon Cloud Web Service Platform, Foxconn Cloud Smart Technology and China Headquarters of Silk Road International Culture and Art Research Institute (Italy) in Xi'an Chanba Ecological District, according to Shaanxi Provincial People's Government.
With a total area of 119.95 square kilometers, Shaanxi FTZ includes Xi’an Free Trade Zone, Xi'an International Trade & Logistics Park and Yangling Area. Since its operation, Shaanxi FTZ has made significant progress in government function changes, commercial system reform, and pilot innovation in investment and trade facilitation, released a succession of reform and innovation measures, and improved the business environment significantly.
(Contributed by Shi Zhiyong and Zhang Junhe, edited by Tong Wei)
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