Shanghai's free-trade zone explained
Shanghai's free trade zone (FTZ) is now officially open. CT breaks down the key policy ambitions,business opportunities, registration requirements, and present hurdles.
Objective:
According China’s State Council, the overall objective of the FTZ is to “transform government functions, to promote the opening up of the services sector, to reform the management of foreign investment to quickening the exploration of yuan convertibility under the capital account and full opening-up of the financial service sector.”
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