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The China Council approved the establishment of China (Shanghai) test area of free trade
Source:Xin Steel Industry   Date:2013/09/02

Recently, the China State Council officially approved the establishment of China (Shanghai) free trade test area. Test area covering Shanghai Waigaoqiao Free Trade Zone, Waigaoqiao Bonded Logistics Park, the Yangshan Bonded Port and Shanghai Pudong Airport Free Trade Zone and other four customs supervision, a total area of 28.78 square kilometers.


Construction of China (Shanghai) test area of free trade follows the new trends in global trade and economic development, the implementation of a more proactive strategy of opening up an important measure. The main task is to explore China's opening up new paths and new models to speed up the transformation of government functions and administrative reform, and promote the transformation of economic growth mode and optimize the economic structure, to achieve Yikaifangcu development, promoting reform, and promote innovation, the formation can be copied scalable, replicable experience, service development of the country. Construction of China (Shanghai) test area of free trade in favor of fostering a new global competitive advantage with other countries to build a new platform for cooperation and development, economic growth in the new space to expand, to build China's economy "upgrade."

 

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