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Shanghai Daily News Digest

Advisers suggest ways to amplify impact of FTZ   2015-01-27

 

 

SHANGHAI should continue to take bold moves to promote reforms in the city’s pilot free trade zone because new challenges are emerging as the zone expands, Mayor Yang Xiong said yesterday.

“We will face lot of new issues after the Shanghai zone is expanded beyond the bonded areas to include more functions,” Yang said at a meeting during the annual session of the Shanghai Committee of the Chinese People’s Political Consultative Conference, the city’s political advisory body.

To further boost openness, clarify government responsibilities, duplicate successful measures to areas beyond the zone and include reform of mechanisms for technology innovation into FTZ trials are among new issues to be resolved, Yang said.

 


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