Pilot FTZs see remarkable growth of foreign trade

The total import and export of China's pilot free trade zones (FTZs) registered 7.5 trillion yuan (US$1.03 trillion) last year, China Customs announced Wednesday. Trade volume through the FTZs increased from 2.7% of the country's total foreign trade in 2013 to 17.9% in 2022.

September 28, 2023

FTZ reforms to boost trade, data flows

China will introduce a series of pioneering integrated reforms at its pilot free trade zones to improve areas like trade, investment, finance and cross-border data flows, government officials said on Wednesday.

September 28, 2023

Official: China's negative lists for foreign investment shrink 80% over decade

China's negative lists for foreign investment have been reduced by more than 80 percent since 2013, when the negative list approach was first adopted in China's inaugural pilot free trade zone (FTZ) in Shanghai, according to an official from the Ministry of Commerce.

September 28, 2023