The Chinese mainland and Taiwan have adopted a proposal encouraging the island to cooperate with the newly launched Shanghai Free Trade Zone.
The pilot Shanghai Free Trade Zone is expected to accelerate the country's commodity trading.
Hong Kong's role is now being challenged, as free trade zones in Qianhai near Hong Kong -- as well as Shanghai open for business.
Shanghai could learn a lot from Hong Kong on how to develop a free trade zone, especially its low taxation system, the rule of law and ways to attract foreign talent.
The world's attention is focusing on Shanghai today, as the city welcomes its official launch of China's first free trade zone.
Today marks the official opening of the much-awaited Shanghai Free Trade Zone, a designated area of 30 square kilometers in China's financial hub.
Singapore is a small nation covering only about 700 square kilometers, but it has five Free Trade Zones. What lessons can Shanghai draw from Singapore?
8 Chinese commercial banks are competing against time to set up branches in the pilot zone as it is to open officially on Sunday.
Foreign firms allowed to run entertainment businesses in Shanghai Free Trade Zone.
The widely-watched Shanghai Free Trade Zone is scheduled to be launched on Sept 29 this Sunday. But the keenly awaited policy details will not cover financial sector reforms.
There are concerns that Shanghai's free-trade zone will steal the limelight from Hong Kong as an international center.
The upcoming Shanghai free trade zone, is poised to see a flurry of changes to financial policies, and financial services.