China unveils more innovations from pilot FTZs

Jan 29, 2024 12:31:21 PM
Tag :   unveils   pilot   innovations   FTZs

Home>>

China unveils more innovations from pilot FTZs

(Xinhua) 09:26, January 19, 2024

BEIJING, Jan. 18 (Xinhua) -- China's Ministry of Commerce (MOC) has unveiled 47 new institutional innovations from the nation's pilot free trade zones (FTZs).

The institutional innovations, comprising 23 best practice cases and 24 items of pilot reform experience, will serve as a reference across the country to deepen reform and expand opening up in relevant fields, according to the MOC.

The best practice cases mainly cover the fields of trade facilitation, transformation of government functions, factor resource security and high-quality industrial development, it said.

The pilot reform experience mainly focuses on areas including foreign investment access, scientific and technological innovation, environmental protection, transportation and finance, according to the ministry.

So far, China's pilot FTZs have seen the successful practice in 349 cases of innovation in institutional reform promoted at the national level, according to the MOC. 

(Web editor: Zhong Wenxing, Liang Jun)

Related news

Copyright © 2020 PE News Internet Ventures. All rights reserved.Privacy Policy | About us