Area added to Shanghai FTZ to spur sectors
5 years, 5 months ago

Area added to Shanghai FTZ to spur sectors

China Daily  

A woman walks in the Shanghai FTZ. Goal is to replicate development model nationwide, enhance competitiveness China announced on Tuesday that it has added the Lingang area to the China Pilot Free Trade Zone to enhance investment and advance trade liberalization with plans to replicate the concept nationwide, senior officials said. Vice-Commerce Minister Wang Shouwen said the new area will facilitate investment and operations, free import and export of goods, ease fund flows and open transportation and convenient access to information with offshore markets. He said all these factors will enable the Shanghai FTZ to better serve and integrate major national strategies and contribute to the overall strategic arrangement of the country's opening-up. "We will continue to explore incentive policies related to individual income taxes of overseas talent, and will actively explore tax policies for investment and financing, as well as free trade accounts," Chen said.

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History of this topic

Guangxi eyes becoming a Digital Silk Road hub for ASEAN cooperation
1 month, 1 week ago

Guangxi eyes becoming a Digital Silk Road hub for ASEAN cooperation

China Daily  

South China's Guangxi Zhuang autonomous region will promote the construction of the China-ASEAN information port while positioning itself as a key hub on the Digital Silk Road and bolstering cooperation with ASEAN countries to fuel the high-quality growth of the digital economy, officials said on Friday. These sectors now contribute 11.79 percent to the region's GDP growth, according to Zhao …

Guangxi eyes becoming a Digital Silk Road hub for ASEAN cooperation
1 month, 1 week ago

Guangxi eyes becoming a Digital Silk Road hub for ASEAN cooperation

China Daily  

South China's Guangxi Zhuang autonomous region will promote the construction of the China-ASEAN information port while positioning itself as a key hub on the Digital Silk Road and bolstering cooperation with ASEAN countries to fuel the high-quality growth of the digital economy, officials said on Friday. These sectors now contribute 11.79 percent to the region's GDP growth, according to Zhao …

Deep Dive into Guangxi's Fruit Trade Boom: A Gateway to ASEAN
Trending News
2 months, 3 weeks ago

Deep Dive into Guangxi's Fruit Trade Boom: A Gateway to ASEAN

China Daily  

The article highlights the significant role played by the China-ASEAN pilot free trade zone in deepening economic links between China and ASEAN member countries. The zone's strategic location and infrastructure have attracted numerous businesses and investors, fostering trade and investment in the region. The flourishing fruit trade has created numerous opportunities for entrepreneurs and contributed to Guangxi's economic growth. The …

Deep Dive: Boosting Trade with ASEAN in the Heart of China's Gateway to the Region
2 months, 3 weeks ago

Deep Dive: Boosting Trade with ASEAN in the Heart of China's Gateway to the Region

China Daily  

Deepening economic links with ASEAN, the pilot free trade zone in Guangxi is fostering trade and investment between China and Southeast Asia. The zone has attracted numerous businesses and investors, with a focus on agricultural products and cross-border trade. The pilot FTZ's policies and infrastructure have created a conducive environment for businesses to thrive, leading to increased exports and economic …

China launches pilot program to expand opening-up in value-added telecom services
2 months, 3 weeks ago

China launches pilot program to expand opening-up in value-added telecom services

China Daily  

A visitor checks out Haier's booth during an electronics expo in Shanghai in March. BEIJING - China's Ministry of Industry and Information Technology on Wednesday launched a pilot program to expand opening-up in value-added telecom services in four designated areas in Beijing, Shanghai, Hainan and Shenzhen. The pilot program will allow foreign investors to operate wholly-owned businesses such as internet …

Shanghai Leads the Way in Revitalizing Yangtze River Delta Region
2 months, 3 weeks ago

Shanghai Leads the Way in Revitalizing Yangtze River Delta Region

China Daily  

An investor alliance and a roadshow center were launched during a conference in Shanghai to foster collaboration and development along the Yangtze River Delta region. The event brought together representatives from six counties and districts in Shanghai, Jiangsu, Zhejiang and Anhui provinces, as well as 10 members of the Yangtze River Delta High-End Think Tank Alliance.

FTZ Deepens China-ASEAN Economic Ties with Fruit Processing Hub in Guangxi
2 months, 3 weeks ago

FTZ Deepens China-ASEAN Economic Ties with Fruit Processing Hub in Guangxi

China Daily  

The article highlights the significant role of the China-ASEAN Free Trade Zone (FTZ) in deepening economic and trade ties between China and ASEAN. The FTZ has facilitated the growth of agricultural product trade between the two regions, with Guangxi, China, being a major beneficiary of this growth. The FTZ's policies and infrastructure have created a favorable environment for businesses and …

Integrated megapolises next stage of reform
7 months ago

Integrated megapolises next stage of reform

China Daily  

A view of Shanghai's Lujiazui area on Jan 10, 2023. To identify the best ways to advance the integrated development of the Yangtze River Delta region, President Xi Jinping chaired a symposium in Shanghai in November 2023. Between 2018 and 2022, the Yangtze River Delta region's GDP grew at an average annual rate of about 5.5 percent, accounting for 24 …

Yangtze River Delta ramps up integration with megaprojects
7 months, 1 week ago

Yangtze River Delta ramps up integration with megaprojects

China Daily  

By WANG YING in Wenzhou, Zhejiang| China Daily Global| Updated :2024-06-07 The Yangtze River Delta region is set for a significant leap in integration this year, with a series of ambitious projects aimed at boosting connectivity, innovation and public services. The plans, unveiled Thursday at a high-level forum in Wenzhou, Zhejiang province, include adding 660 kilometers of railway lines and …

Development of western region faces new historic opportunities
8 months, 3 weeks ago

Development of western region faces new historic opportunities

China Daily  

Gantry cranes hoist China-Europe freight train containers in Xiliin Gol League in the Inner Mongolia autonomous region, on Oct 18, 2023. YANG JINYE/FOR CHINA DAILY China's vast western region, which covers 12 provincial-level regions and accounts for 21.5 percent of the country's GDP, is vital to the country's overall development. Because of continuous efforts to optimize the distribution of major …

Lingui High-Tech Industrial Zone
10 months, 1 week ago

Lingui High-Tech Industrial Zone

China Daily  

The Lingui High-Tech Industrial Zone has been approved for establishment by the Guangxi Zhuang Autonomous Region. From January to October 2023, Lingui district achieved a total industrial output value of 23.54 billion yuan, an increase of 4.5 percent over the same period last year, exceeding the city's average growth rate by 1.2 percent. The industrial development positioning of the Lingui …

Qingdao FTZ hosts investment promotion event in Shanghai
10 months, 2 weeks ago

Qingdao FTZ hosts investment promotion event in Shanghai

China Daily  

The Qingdao Area of the China Pilot Free Trade Zone in Shandong province held its inaugural 2024 investment promotion conference in Shanghai's Pudong New Area. Attended by 130 senior executives from 82 companies in various industries, the event showcased the zone's commitment to fostering high-quality development. Gao Shanwu, deputy secretary of the Qingdao West Coast New Area Work Committee and …

Qingdao FTZ hosts investment promotion event in Shanghai
10 months, 2 weeks ago

Qingdao FTZ hosts investment promotion event in Shanghai

China Daily  

The Qingdao Area of the China Pilot Free Trade Zone in Shandong province held its inaugural 2024 investment promotion conference in Shanghai's Pudong New Area. Attended by 130 senior executives from 82 companies in various industries, the event showcased the zone's commitment to fostering high-quality development. Gao Shanwu, deputy secretary of the Qingdao West Coast New Area Work Committee and …

5 cities approved to set up Guangxi FTZ coordinated development zones
1 year ago

5 cities approved to set up Guangxi FTZ coordinated development zones

China Daily  

An aerial view of the Beihai LNG wharf. The coordinated development zones of the China Pilot Free Trade Zone in five Guangxi cities of Nanning, Qinzhou, Chongzuo, Beihai, and Fangchenggang were officially established on Jan 3. It is set to focus on developing industries such as cross-border finance, digital economy, airport logistics, aviation maintenance and manufacturing, electronic information, biomedicine, new …

Qingdao unveils 3-year plan for port-industry-city integration
1 year ago

Qingdao unveils 3-year plan for port-industry-city integration

China Daily  

Qingdao recently unveiled a three-year plan to promote port-industry-city integration and help the Qianwan Port Area in the Qingdao Area of the China Pilot Free Trade Zone become a demonstration area. The plan aims to strengthen the headquarters economy, attract companies along the entire industrial chain consisting of ports, finance, logistics, trade, and supporting industries, and enhance the service capabilities …

FTZs urged to pursue breakthroughs
1 year, 2 months ago

FTZs urged to pursue breakthroughs

China Daily  

Containers get loaded on an automated wharf at a port in Shanghai. Having facilitated the development of emerging industries, China's free trade zones or FTZs should now pursue differentiated positioning and more institutional breakthroughs, officials and industry experts said on Monday. Tang Dajun, deputy director-general of China Pilot Free Trade Zone Affairs Office, said the Jiangsu FTZ is now home …

A springboard for growth
1 year, 3 months ago

A springboard for growth

China Daily  

A panoramic view of the Pudong New Area, where China Pilot Free Trade Zone is located. A look at how the Shanghai FTZ has over the past decade been a crucial engine driving innovation and economic development in China, Shi Jing reports. The negative list mechanism for foreign investment first implemented in the Shanghai FTZ is one of the most …

Guangxi pilot FTZ at forefront of China-ASEAN cooperation
1 year, 3 months ago

Guangxi pilot FTZ at forefront of China-ASEAN cooperation

China Daily  

A woman chooses bananas imported from the Philippines at a supermarket in Nanning, south China's Guangxi Zhuang Autonomous Region, Sept 7, 2023. Guangxi has risen to the forefront of China's trade and cooperation with the Association of Southeast Asian Nations in recent years, thanks to the establishment of a pilot free trade zone dedicated to China-ASEAN cooperation. The China Pilot …

Guangxi FTZ to play bigger role in commerce with RCEP
1 year, 4 months ago

Guangxi FTZ to play bigger role in commerce with RCEP

China Daily  

Updated: Sep 12, 2023 By ZHONG NAN in Beijing and ZHANG LI in Nanning China Daily Global Visitors walk past the exhibition booth of the China Pilot Free Trade Zone during the 19th China-ASEAN Expo in Nanning, Guangxi Zhuang autonomous region, on Sept 18. PENG HUAN/FOR CHINA DAILY Advanced industrial development, opening-up to benefit biz connections With China supporting its …

Initiative seeks parternships between FTZs
1 year, 9 months ago

Initiative seeks parternships between FTZs

China Daily  

This photo taken on March 27, 2023 shows a fountain square in front of the Boao Forum for Asia International Conference Center in Boao, South China's Hainan province. An initiative calling for partnerships between free trade zones worldwide was launched on Wednesday at the Global Free Ports Development Forum during the Boao Forum for Asia annual conference 2023. "The free …

Shanghai FTZ continues to test new waters
2 years, 5 months ago

Shanghai FTZ continues to test new waters

China Daily  

Editor's note: China has seen tremendous changes nationwide, from economic growth to environmental protection, from social improvement to cultural progress. When economic activity in Shanghai began to recover after the epidemic-related lockdown of the city earlier this year, Singapore's United Overseas Bank Limited announced plans to set up a branch in the Lin-gang Special Area of the China Pilot Free …

Companies in FTZ winning recognition
2 years, 6 months ago

Companies in FTZ winning recognition

China Daily  

Officials to the third Qingdao Multinationals Summit, which was held from June 19-21, shared their experience in achieving innovation-driven development and high-quality opening-up in the Qingdao Area of the China Pilot Free Trade Zone. Leveraging preferential policies, such as the New Eurasian Continental Bridge Economic Corridor and Shanghai Cooperation Organization's agreement, the Qingdao area is striving to become an international …

SDPFTZ Qingdao Area welcomes friends from afar
2 years, 6 months ago

SDPFTZ Qingdao Area welcomes friends from afar

China Daily  

The Qingdao Area of the China Pilot Free Trade Zone plays a vital role in national strategies by integrating favorable policies and promoting investment facilitation to boost development. Qingdao FTZ has undertaken 106 pioneering tasks as a national-level reform pilot area and achieved 226 innovations in working formats or management systems. Among them, four items were promoted at a national …

Qingdao FTZ, an area high in investment potential
2 years, 8 months ago

Qingdao FTZ, an area high in investment potential

China Daily  

Established on Aug 30, 2019, the China Pilot Free Trade Zone Qingdao Area covers 52 square kilometers and is located in the Qingdao West Coast New Area – the only State-level new area in East China's Shandong province. Integrating the advantages of having a comprehensive free trade zone, a national economic and technological development zone and an international economic cooperation …

New administrative model benefits enterprises in Yantai FTZ
2 years, 8 months ago

New administrative model benefits enterprises in Yantai FTZ

China Daily  

The China Pilot Free Trade Zone Yantai Area launched a new administrative model to facilitate investment, which has helped 22 foreign-invested enterprises in the area receive their business licenses without going back to their home country. Yantai area piloted the "Sino-Japan-South Korea Cross-border Investment Facilitation Model" by giving full play to its advantages of close cooperation with Japan and South …

New administrative model benefits enterprises in Yantai FTZ
2 years, 8 months ago

New administrative model benefits enterprises in Yantai FTZ

China Daily  

The China Pilot Free Trade Zone Yantai Area launched a new administrative model to facilitate investment, which has helped 22 foreign-invested enterprises in the area receive their business licenses without going back to their home country. Yantai area piloted the "Sino-Japan-South Korea Cross-border Investment Facilitation Model" by giving full play to its advantages of close cooperation with Japan and South …

Shanghai's new foreign capital record an 'upbeat sign'
2 years, 11 months ago

Shanghai's new foreign capital record an 'upbeat sign'

China Daily  

Lujiazui, the financial center in Shanghai, forms a perfect backdrop to the Bund area. Shanghai used a record $22.55 billion of foreign capital last year, up 11.5 percent year-on-year, Gong Zheng, the city's mayor, told a news conference after the municipal people's congress meeting on Sunday. "Foreign capital is a very important guarantee of the high-quality development of Shanghai, and …

Guangxi to lure more young overseas Chinese for innovation, entrepreneurship
3 years, 1 month ago

Guangxi to lure more young overseas Chinese for innovation, entrepreneurship

China Daily  

The groundbreaking ceremony for Qinzhou Qiaoqing Building on Nov 11. The groundbreaking ceremony for the Qinzhou Qiaoqing Building was held at the Qinzhou Port area in the China Pilot Free Trade Zone on Nov 11. The building will provide a platform for exchanges and cooperation and for young overseas Chinese to start their own businesses. It is the first of …

Nanning area of Guangxi FTZ houses over 25,000 companies
3 years, 2 months ago

Nanning area of Guangxi FTZ houses over 25,000 companies

China Daily  

A total of 17,100 new companies were set up in the Nanning area of the China Pilot Free Trade Zone from January to September this year, which is an increase of 252.9 percent year on year, according to Liang Peizheng, director of the Nanning commerce bureau. Covering a total area of 46.8 square kilometers, the Nanning area mainly casts eyes …

Zhejiang free trade zone keeps chugging on
3 years, 3 months ago

Zhejiang free trade zone keeps chugging on

China Daily  

By MA ZHENHUAN and YU YIN in Ningbo| China Daily| Updated :2021-10-13 China Free Trade Pilot Zone in Zhejiang province has been making great efforts to further liberalize trade in the area as well as promote common prosperity and integration of the Yangtze River Delta region. According to the plan, the demonstration zone initially includes the entirety of Hangzhou, the …

Chongzuo area of Guangxi FTZ gains momentum in developing cross-border industries
3 years, 3 months ago

Chongzuo area of Guangxi FTZ gains momentum in developing cross-border industries

China Daily  

The Youyiguan border gate in the Chongzuo area of China Pilot FTZ. A total of 284,400 cargos entered or left the Youyiguan border gate in Chongzuo in the first eight months of 2021, an increase of 31.21 percent year on year, and transport of an overall cargo volume of 2.92 million metric tons increased by 42.49 percent year on year. …

Shandong Port Group opens branch in Shanghai
3 years, 6 months ago

Shandong Port Group opens branch in Shanghai

China Daily  

Shandong Port Group opened a branch in Shanghai on June 21 as part of the company's efforts to be integrated into China's largest economic, shipping and financial innovation hub, as well as promote closer ties with the Yangtze River Delta city cluster. Shandong Port Group has integrated many of the province's major ports, including Qingdao Port, Yantai Port, Rizhao Port, …

Shandong Port Group opens branch in Shanghai
3 years, 6 months ago

Shandong Port Group opens branch in Shanghai

China Daily  

Shandong Port Group opened a branch in Shanghai on June 21 as part of the company's efforts to be integrated into China's largest economic, shipping and financial innovation hub, as well as promote closer ties with the Yangtze River Delta city cluster. Shandong Port Group has integrated many of the province's major ports, including Qingdao Port, Yantai Port, Rizhao Port, …

Shanghai to develop five new suburbs over coming years
3 years, 7 months ago

Shanghai to develop five new suburbs over coming years

China Daily  

Each area to have its own unique industrial characteristics Five new suburbs will be constructed in Shanghai during the 14th Five-Year Plan, aimed at becoming "independent nodes" to create a fresh round of economic development. From northwest to southeast, the five suburbs, referring to Jiading district, Qingpu district, Songjiang district, Fengxian district, and Nanhui region in Shanghai Pudong New Area, …

Fuzhou FTZ drives development through digitization
3 years, 8 months ago

Fuzhou FTZ drives development through digitization

China Daily  

chinadaily.com.cn | Updated: 2021-04-25 The Fuzhou Area of the China Pilot Free Trade Zone has advanced towards digital and smart development. Since its establishment in 2015, the Fuzhou Area of the China Pilot Free Trade Zone has advanced towards digital and smart development by exploring and applying digital technologies, which has in turn brought profound changes to the zone's high-quality …

Beijing-Tianjin-Hebei region to speed up coordination
3 years, 10 months ago

Beijing-Tianjin-Hebei region to speed up coordination

China Daily  

The integrated and synergetic development of Beijing, Tianjin and Hebei province has made major strides in recent years. Many regional development strategies have also been unveiled over the years, including the Yangtze River Delta region and the Guangdong-Hong Kong-Macao Greater Bay area. In early 2014,China initiated a key strategy to coordinate the development of Beijing, Tianjin and Hebei -- a …

Lingshanwei subdistrict improves business environment
3 years, 10 months ago

Lingshanwei subdistrict improves business environment

China Daily  

Lingshanwei subdistrict in the Qingdao West Coast New Area has been ramping up efforts to improve its local business environment and fuel high-quality development in recent years, according to local authorities. According to official statistics, last year, the region's general public budget revenue totaled 1.64 billion yuan, a year-on-year increase of 26.11 percent, while its tax revenue reached 1.6 billion …

Plan gives Shanghai's Hongqiao a big boost
3 years, 10 months ago

Plan gives Shanghai's Hongqiao a big boost

China Daily  

A plan to build Shanghai's Hongqiao area and neighboring locations into an international hub was published by the central government on Feb 24, aiming to further promote the integration and opening-up of the Yangtze River Delta. Xu said Shanghai's industrial upgrade has created many opportunities for neighboring cities, and the new plan will form a greater metropolitan city cluster around …

Closer FTZ ties to bolster development
4 years, 1 month ago

Closer FTZ ties to bolster development

China Daily  

Covering a 358,000-square kilometer expanse, the Yangtze River Delta, consisting of Shanghai and the provinces of Jiangsu, Zhejiang and Anhui, is one of the most populated and urbanized city clusters in China, according to Xinhua News Agency. Zhang Wei, deputy head of the CAITEC, which is an affiliate of the Ministry of Commerce, said FTZs have been playing an important …

Closer FTZ ties to bolster development
4 years, 1 month ago

Closer FTZ ties to bolster development

China Daily  

Coordination to focus on implementing strategies to unleash regional potential China will seek better coordination among the various free trade zones as their closer cooperation will provide strong impetus for economic development, experts and government officials said on Monday. The China Pilot Free Trade Zone is joining hands with the pilot FTZs in Zhejiang, Anhui and Jiangsu provinces, to jointly …

11.26b yuan in project deals signed in Dongying development zone
4 years, 3 months ago

11.26b yuan in project deals signed in Dongying development zone

China Daily  

Agreements for 25 projects, which will receive 11.26 billion yuan in investment, were signed in the Dongying Economic and Technological Development Zone on Oct 12. The Dongying Economic and Technological Development Zone signs agreements for 25 projects with 11.26 billion yuan in investment on Oct 12. "These projects, which have high scientific and technological content and strong development potential, will …

China to expand Zhejiang FTZ
4 years, 3 months ago

China to expand Zhejiang FTZ

China Daily  

A Japanese LNG vessel docks at a terminal in Zhoushan, Zhejiang province. According to the new plan, the Zhejiang FTZ, which currently occupies around 120 square kilometers in area, will add another 119.5-sq-km area in Zhejiang province, namely the Ningbo area, the Hangzhou area, and the Jinhua-Yiwu area. The Ningbo area is set to become an international shipping hub, an …

Shandong, ASEAN strengthen ties
4 years, 3 months ago

Shandong, ASEAN strengthen ties

China Daily  

An employee inspects cargo handling equipment at a container terminal in the China Pilot Free Trade Zone in Qingdao, Shandong province. With the 10-member Association of Southeast Asian Nations becoming Shandong's largest trading partner and export market in the first half of the year, the two sides are enjoying stronger trade ties. It will cost an estimated $200 million and …

Yantai FTZ area sees fruitful results in one year
4 years, 4 months ago

Yantai FTZ area sees fruitful results in one year

China Daily  

The China Pilot Free Trade Zone Yantai Area The China Pilot Free Trade Zone Yantai Area has made significant progress in attracting talents and foreign projects, as well as in optimizing its business environment in just one year of development. As part of the China Pilot Free Trade Zone, the Yantai area is designed to be a pilot zone for …

Shanghai industrial internet project settles in Qingdao
4 years, 6 months ago

Shanghai industrial internet project settles in Qingdao

China Daily  

The deal to set up an industrial internet project from Shanghai in the Qingdao Area of the China Pilot Free Trade Zone was recently signed. The Qingdao Area of the China Pilot Free Trade Zone The 50-million-yuan project will involve building an intelligent manufacturing R&D and production base in Qingdao. The Qingdao area of the Shandong FTZ covers an area …

Centers for trade and service opened at FTZ
4 years, 6 months ago

Centers for trade and service opened at FTZ

China Daily  

The China Pilot Free Trade Zone Yantai Area opened international trade and service centers last week. As part of the China Pilot Free Trade Zone, the Yantai area is designed to be a pilot zone for trade and investment cooperation between China and South Korea, a base for intelligent marine manufacturing and a demonstration pilot area for the industrialization of …

Free trade zones buoy work restarts of firms
4 years, 8 months ago

Free trade zones buoy work restarts of firms

China Daily  

Dongjiang Port in the Tianjin Free Trade Zone. Targeted policies enacted by FTZs in the nation yield tangible results Key free trade zones in China have played a key role in furthering production restarts of companies since the start of the COVID-19 pandemic and helped stabilize foreign trade and investment, officials said on Tuesday. Tang Wenhong, director-general of the department …

Free trade zones buoy work restarts of firms
4 years, 8 months ago

Free trade zones buoy work restarts of firms

China Daily  

Dongjiang Port in the Tianjin Free Trade Zone. Targeted policies enacted by FTZs in the nation yield tangible results Key free trade zones in China have played a key role in furthering production restarts of companies since the start of the COVID-19 pandemic and helped stabilize foreign trade and investment, officials said on Tuesday. Tang Wenhong, director-general of the department …

Zhejiang FTZ's Ningbo innovation zone
4 years, 10 months ago

Zhejiang FTZ's Ningbo innovation zone

China Daily  

The overall plan of the Ningbo innovation zone of the China Pilot Free Trade Zone is unveiled on March 6. The overall plan for the Ningbo innovation zone of the China Pilot Free Trade Zone was unveiled on March 6. According to the plan, the Ningbo innovation zone occupies an area of 119.87 square kilometers and is divided into four …

Yantai area of the China (Shandong) Pilot Free Trade Zone
4 years, 10 months ago

Yantai area of the China (Shandong) Pilot Free Trade Zone

China Daily  

The Yantai area of the China Pilot Free Trade Zone The Yantai area of the China Pilot Free Trade Zone announced its inauguration in Yantai, Shandong province on Aug 31, 2019. Yantai is expected to develop the new area into a pilot zone for trade and investment cooperation between China and South Korea and to serve as an intelligent marine …

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