6 December 2019

Zhoushan pursues free trade zone bid, paper says

Zhoushan in eastern China’s Zhejiang province will step up efforts to develop a bonded area into a free trade zone, Shanghai Securities News reported Wednesday, citing the local government. The Zhoushan government is considering adopting a negative investment list introduced at the Shanghai Free Trade Zone to boost foreign investment, the paper said. The negative list model will identify investment areas and activities reserved for Chinese nationals and those that can be opened to foreign investors.

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