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The photo taken on April 28, 2015 shows the administration service centre inside the Shanghai Pilot Free Trade Zone is full of people dealing1 with business registration2 and other related affairs. [Photo: CFP]
The deputy head of the Shanghai Free Trade Zone says close to 50 new plans are being worked on to try to cut red tape in the FTZ.
Sun Jiwei says the details of their plans are going to be discussed at a forum3 in the city next week.
上海自贸区将迎来新一波改革
It's widely-expected the new plans will include an update to the "Qualified4 Domestic Institutional Investor5" (QDII2) program, which allows Chinese institutions to invest in the overseas markets.
At the same time, customs authorities are also working to streamline6 clearance7 procedures for products sold within the Shanghai Free Trade Zone.
The changes will allow importers to fly in a small sample of the products they're shipping8 in by sea so they can be inspected.
It's expected this change may cut customs clearance times by around 80-percent.
点击收听单词发音
1 dealing | |
n.经商方法,待人态度 | |
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2 registration | |
n.登记,注册,挂号 | |
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3 forum | |
n.论坛,讨论会 | |
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4 qualified | |
adj.合格的,有资格的,胜任的,有限制的 | |
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5 investor | |
n.投资者,投资人 | |
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6 streamline | |
vt.使成流线型;使简化;使现代化 | |
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7 clearance | |
n.净空;许可(证);清算;清除,清理 | |
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8 shipping | |
n.船运(发货,运输,乘船) | |
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9 ongoing | |
adj.进行中的,前进的 | |
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10 spoke | |
n.(车轮的)辐条;轮辐;破坏某人的计划;阻挠某人的行动 v.讲,谈(speak的过去式);说;演说;从某种观点来说 | |
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