FREE TRADE ZONE

Enlargement of Shanghai Free Trade Zone Confirmed

14 August 2019

The State Council announced on 6 August a number of priorities relating to the establishment of the Lingang New Area as an extension to the existing Shanghai Free Trade Zone (FTZ), including the delivery of a global level of competitivity and the successful implementation of the overall opening-up policy across a number of sectors deemed essential for future national development. More

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Shenzhen Facilitates Further Opening of the Guangdong Free Trade Zone

13 August 2019

The Shenzhen Municipal People’s Government has issued the Work Plan on Several Measures for Supporting Reform and Innovation in the Pilot Free Trade Zone, a blueprint for deepening reform and promoting innovation within the Qianhai-Shekou Area of the Guangdong Free Trade Zone. More

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Hainan Unveils Free Trade Zone Facilitation Measures

13 August 2019

The Action Plan of Hainan Province for Optimising the Business Environment (2019-2020) has now been issued by the Hainan Provincial People’s Government. This new policy document outlines a number of measures designed to enhance the local business environment and to facilitate the establishment of the Hainan Pilot Free Trade Zone and Free Trade Port. More

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China Announces New Supportive Measures for Visa and Work Permit Applications

07 August 2019

The Immigration and entry / exit procedures, as well as a number of new visa arrangements, trialled in the country’s Pilot Free Trade Zones have now been implemented on a national basis. More

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China Announces Liberalised Entry-Exit Regime for Hainan Free Trade Zone

23 July 2019

Details of the new immigration, entry-exit and transport management procedures that will apply to Hainan as it evolves into a Free Trade Zone (Port) have been released by the Ministry of Public Security. More

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China Cuts Foreign Investment Restrictions

17 July 2019

The number of sectors where foreign investment is restricted has been reduced from 48 to 40 on a national basis and from 45 to 37 in the case of businesses operating within one of the mainland’s Pilot Free Trade Zones. More

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Guangdong to Implement Free Trade Zone Lessons on Province-Wide Basis

28 June 2019

The lessons learnt from the success of the China (Guangdong) Pilot Free Trade Zone are to be put into practice across the province, according to a statement from the Guangdong People’s Government. More

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Hainan Free Trade Zone (3): The Burgeoning Medical Tourism Sector

10 April 2019

With Hainan Island being established as a free trade zone (FTZ), the provincial government is putting a lot of effort into developing the island’s tourism industry, including medical tourism. In November 2018, HKTDC Research visited the Hainan Boao Lecheng International Medical Tourism Pilot Zone to find out how it is trying to turn Hainan into one of the world’s medical tourism hubs by capitalising on policy advantages. More

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Hainan Free Trade Zone (2): Preferential Policies and Business Opportunities

27 March 2019

The Hainan Free Trade Zone (FTZ) is expected to play a major role in the Chinese government’s development strategy. To facilitate this, the central government has set up a top-level body to shape and coordinate the policies of the various departments involved. As the Central Government and the Hainan Provincial Government have introduced more policies and plans, the Hainan FTZ is set to open up even further to the world. More

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Hainan Free Trade Zone (1): Background and Positioning

06 March 2019

The Overall Plan of the China (Hainan) Pilot Free Trade Zone (FTZ) was released by the State Council on 16 October 2018, setting out the specific proposals for Hainan FTZ’s development. With building a free trade port as the ultimate goal, Hainan FTZ will prioritise the development of three sectors - tourism, modern services and hi-tech industries. The importance of the Hainan FTZ should not be underestimated. More

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