上海自贸区将迎来新一轮改革 - 2017年03月28日

THE China (Shanghai) Pilot Free Trade Zone has had its new reform plan approved by the central government on Sunday, according to the Xinhua news agency, suggesting a set of new rules will be unveiled soon to further liberalize regulations governing finance, foreign investment and trade in the area.

The Xinhua article did not reveal specific rules but the reform plan will likely include the establishment of a free trade port inside the FTZ, which has a higher standard and has a different regulatory regime. The plan aims to lower the barrier for foreign investors on company listings and bond financing, according to officials familiar with the matter who were cited by the Shanghai Securities News earlier.

"The new reform plan is to take the highest global standards for reference," said Shanghai Vice Mayor Zhou Bo in an internal meeting on March 7.