Closer FTZ ties to bolster development
China DailyCoordination 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 design coordinated development patterns that will further contribute to the integrated development of the Yangtze River Delta region, said Yang Chao, deputy head of the China Pilot Free Trade Zone Administration. "We plan to have effective coordination on institutional innovation, function extension, and industrial development among the four FTZs in the Yangtze River Delta region. The three provinces and one directly-administered municipality in the Yangtze River Delta now have FTZs, as the country seeks a higher level of opening-up and new momentum for regional development in the area.