
Chinese FTZs step into a new era
3 minutos Following the model of the Shanghai Free Trade Zone, established in 2013, China anticipates opening seven new free trade zones (FTZs) in the coming year, with zones in Sichuan, Shaanxi, and Hubei already nearing readiness to begin operations. Whereas the Shanghai FTZ and three other current operational FTZs – Tianjin, Fujian, and Guangdong – are all built in China’s eastern, coastal industrial hubs, the new zones are largely inland, in central and western states, some of whose industrial bases are comparatively underdeveloped. Continue lendo→