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商务部:2019年将推进自贸区自贸港建设 - 2019年03月01日

Ministry to focus on FTZ, free trade port development in 2019

China used 885.6 billion yuan (US$135 billion) of foreign capital in 2018, up 3 percent, while global trans-border investment dropped by 19 percent in the year, according to the conclusions of the 2018 working conference of the Ministry of Commerce.

The ministry will focus on promoting the construction of the China (Shanghai) Pilot Free Trade Zone and the city’s Free Trade Port and facilitating the transition from factor flow opening-up to regulation and policy opening-up in 2019, Qian Keming, deputy minister of commerce, said.

At an earlier news briefing held by the ministry, Ren Hongbin, assistant minister of commerce, said the establishment of the FTZ is a milestone for the country’s opening-up and reforms, the ministry will further promote the construction of the FTZ and a free trade port with Chinese characteristics.

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