(单词翻译:单击)
In addition to Tianjian, China’s State Council approved two other new free trade zones last month.
Two provinces, Guangdong and Fujian, will have free trade zones modeled on Shanghai Free Trade Zone.
In the past year, the Shanghai Free Trade Zone has embarked1 on numerous financial reforms, from currency to capital account reforms. It also implemented2 incentives3 to attract more foreign investment.
Analysts4 say policymakers are trying to expand the experiences learned in Shanghai to promote development in other areas across China.
"In fact, the Guangdong free trade zone has a main task to strengthen cooperation with HongKong and and Macao. For the Fujian free trade zone, there is also leaving a task to boost cross-straits economic cooperation and truly achieve synergies. And for Tianjin, the free trade area is expected to lead the Beijing-Tianjin-Hebei integration5 and set the model for regional economic development," said Zhang Yansheng, security-general of Academic Committee of NDRC.