The Shanghai municipal government rolled out guidelines on Sept 18, to further open up its markets to the outside world and encourage foreign investment.
BEIJING - China's State Council, or the cabinet, has issued an overall plan for the new Lingang area of the China (Shanghai) Pilot Free Trade Zone.
In his visit to Shanghai free trade zone, premier stresses key role of training
Shanghai now has more than 400 foreign-invested research centers, the most in China.
President Xi Jinping has called for more coordinated planning, reform and innovation to develop China's pilot free trade zones into new leading areas of reform and opening-up for the new era.
Shanghai will soon be implementing a plan to develop the service trade industry, which includes the cultivating of 200 high-end service providers, 20 demonstration areas and 20 international platforms for service trade.
Li Qiang stressed that SHFTZ should further implement national strategies to push the integrative development of the Yangtze River Delta region and promote the implementation of the Belt and Road Initiative.
The Waigaoqiao Bonded Area of SHFTZ recently won five awards in fDi magazine, based on the evaluation of more than 1,200 global free zones in 2017.