周波：上海自贸区建设将突出改革系统集成 以建设开放度最高为目标 - 2017年04月01日

THE China (Shanghai) Pilot Free Trade Zone is to further relax regulations on trade facilitation, foreign investment, aiming at a better-integrated mechanism to drive financial reforms in the area, Shanghai Vice May Zhou Bo said today in Beijing during a media briefing on China’s free trade zones.

Last Sunday, the State Council was reported to have given approval to a new reform plan of the Shanghai pilot free trade zone, and the details will be released tomorrow.

Highlights of the plan include the launch of a new free trade port inside the zone, attracting foreign investors to issue yuan-denominated financial products, and cut taxation to companies or projects that are involved in the "Belt and Road" initiative, according to earlier media reports.