Lin-gang a hothouse for incubating success, pioneering tech
China DailyAn aerial view of Lin-gang Special Area of the China Pilot Free Trade Zone in Shanghai. PHOTO/CHINA DAILY Path of exploration As a special economic zone, Lingang should undertake more experiments in institutional arrangements, improve weak links and explore new development paths, municipal government officials said at an executive meeting in late July. Chen Jinshan, director of the Lingang Special Area Administration, said the zone will seek more institutional innovations by aligning itself with high-standard international economic and trade rules. Lin-gang will also conduct more "stress tests" — experiments to test how far the reform can go by including possible challenges and difficulties — on cross-border data, cross-border finance, value-added telecommunications and high-level shipping, he said. The new list, which is quite exceptional from a global perspective, has provided a list, with limits, that will meet economic development needs because it is based on real business scenarios," he said.