上海自贸区下半年将进一步深化改革 - 2017年07月27日

Shanghai will deepen reforms in the free trade zone and accelerate construction of a technology and innovation center as it sets out the city’s government’s tasks for the second half of the year, Mayor Ying Yong said yesterday.

The free trade zone will be a trial zone for reforms that combine opening-up and innovation to become a test zone for risks within an open economy, and a pilot zone to enhance government capability, Ying said in a government report at a meeting of the Standing Committee of Shanghai Municipal People’s Congress.

The free trade zone is also a frontier for companies to expand overseas as part of China’s One Belt One Road initiative, which was put forward in 2013, as well as to revive eco-nomic ties and connectivity between China and countries across Asia, Europe, and Africa.