xi's moments
Home | Macro

China unveils more innovations from pilot FTZs

Xinhua | Updated: 2024-01-19 09:41

An aerial view of the Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone on Oct 22, 2022. [Photo/China Daily]

BEIJING - 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.

Global Edition
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349