Experts: China's FTZs to unleash institutional boon
53 views · Published 31 March 2015 · 3:29 · Indexed 30 October 2026
Channel: New China TV · 2015 · News & Politics
Following the success of the Shanghai pilot Free Trade Zone, the Chinese government has approved the setup of three more such zones. Many have already applauded the move, likening it to China's 1978 reforms and opening up, as well as the accession to the WTO in 2001. But unlike previous opening-up measures, which were aimed at exchanging the market for investment, experts say the most coveted aspect this time will be the institutional boons unleashed by the new zones.
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