Business\Economy

President Xi urges more efforts on FTZ construction

Xinhua | Updated: 2016-12-31 11:18

BEIJING - Chinese President Xi Jinping has called for greater efforts to make innovation and breakthroughs in the construction of free trade zones (FTZ).

The building of Shanghai Pilot Free Trade Zone is a strategic move that the central authorities take to deepen reform and opening up under the new situation, Xi said in a recent instruction on Shanghai Pilot FTZ.

Priority must be given to identify key tasks for the FTZ in the next stage and take the initiative in reforms, so as to score greater successes in institutional innovation which could be copied and promoted nationwide, Xi stressed.