Date
18 October 2018

Tianjin Binhai completes FTZ application, paper says

Tianjin’s Binhai New Area has completed the application process for a proposed free trade zone and is likely to receive approval soon, China Securities Journal reported Tuesday. Fixed asset investment in the zone has reached 500 billion yuan (US$82.06 billion) this year and an estimated 570 billion yuan will be allocated in 2014, the report said, citing Zong Guoying, head of Binhai New Area. Private funds are especially welcome to invest, Zong was quoted as saying.

– Contact HKEJ at [email protected]

MY/AC/RA

 

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