22 January 2019

Tianjin FTZ likely to get approval in first half, paper says

Tianjin is likely to get approval to set up its free trade zone in the first half of the year, covering the entire Binhai New Area and additional ports rather than just Dongjiang Port as originally planned, the China Securities Journal reported Wednesday, citing unidentified sources. The zone is also expected to be granted more financial and administrative privileges. At present, construction is going on in the Binhai New Area with estimated fixed asset investment of at least 570 billion yuan (US$94.05 billion) this year, the report said.

– Contact HKEJ [email protected]




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