ECONOMY
FTZ Plans
The State Council has issued master plans for three new pilot free trade zones (FTZs) in Beijing and Hunan and Anhui provinces amid efforts to elevate the country’s opening up to a higher level.
The plans outline the priorities for these zones and pledge to give them greater autonomy to carry out reforms and expand opening up.
The Beijing FTZ will focus on supporting the construction of an innovation center with global influence. It will also become a high-level opening-up platform for the coordinated development of the Beijing-Tianjin-Hebei region.
The plan also details measures for creating an internationally leading environment for innovation and entrepreneurship, advancing innovation in services trade management, and exploring the construction of an international port for
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