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  • July 31, 2014
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  1. Business - Economy - ECONOMY

    Proposals announced to boost Shanghai Free Trade Zone

    Posted Dec 02nd 2013, 11:37pm by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Free-trade zone details released The mainland's central bank has announced detailed reform guidelines to support the Shanghai Free Trade Zone, but foreign ... of the zone- seen as a test bed for liberalising the financial sector- to set up "resident free trade accounts" in both domestic and foreign currencies, and would allow yuan to be fully ...

  2. Business - China Business - TRADE

    'Shanghai zone needs to focus on shipping'

    Posted Dec 30th 2013, 10:51am by REN WEI

    ... 'Shanghai zone needs to focus on shipping' Xiong Hao, a senior executive at a Shanghai shipping firm, doubts whether the city's proposed free-trade zone has what it takes to make ... to transform Shanghai into a global financial centre. Beijing and local authorities have pledged to make the yuan fully convertible in the free-trade zone, which will initially cover about 30 square ...

  3. Comment - Insight & Opinion

    Success of Shanghai free-trade zone can usher in next era of reform

    Posted Oct 03rd 2013, 12:00am by Hu Shuli

    ... for change through liberalisation. The Shanghai free trade zone was officially launched on Sunday, half a year after the idea was first discussed by the top leaders. Fifty-five pilot initiatives were ... plan has been widely welcomed. Clearly a major plank of the leadership's reform drive, the Shanghai free trade zone could well mark the third major milestone in the liberalisation ...

  4. Business - China Business

    Hong Kong firms need to gear up for challenges from free-trade zones, says HSBC's Asia-Pacific chief

    Posted Nov 25th 2013, 10:59am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Hong Kong companies need to prepare for the challenges posed by the rapid development of free-trade zones on the mainland, HSBC Asia-Pacific chief executive Peter Wong Tung-shun said on Monday. Speaking at a Hong Kong General Chamber of Commerce seminar, Wong said the Shanghai free-trade zone and other such zones on the mainland would compete ...

  5. Comment - Insight & Opinion - YANGTZE BRIEFING

    Shanghai Free-Trade Zone struggles through birth

    Posted Nov 09th 2013, 04:48am by Daniel Ren

    ... Daniel Ren Despite the hype, Mayor Yang Xiong not finding it easy to deliver on promise setting up a global financial and shipping hub to rival HK Shanghai Free-Trade Zone struggles through birth Shanghai Mayor Yang Xiong has been busy talking up the advantages his city can offer multinational companies as he seeks to build momentum for its free-trade zone. But delivering ...

  6. News - China

    China launches its first free-trade zone in Shanghai

    Posted Sep 29th 2013, 11:56am by Associated Press in Beijing

    ... Associated Press in Beijing Shanghai Free Trade Zone billed as a major step for financial reforms Operations formally kicked off on Sunday at a new free trade zone in Shanghai that China’s ... and foreign companies were granted licenses to register in the zone. The China (Shanghai) Pilot Free Trade Zone is a nearly 29-square-kilometre district that covers four existing special trade zones ...

  7. Business - China Business - REGULATION

    Reforms in Shanghai trade zone to start in 3 months

    Posted Dec 04th 2013, 11:55am by Daniel Ren

    ... in 3 months The mainland's central bank is expected to formally launch financial liberalisations in the new Shanghai free-trade zone in three months, with the hope of soon extending the reforms ... to be unveiled by a mainland financial regulator. On Monday, the central bank announced detailed guidelines aimed at bolstering the development of the 29-square-kilometre free-trade zone, launched two ...

  8. News - China

    Shanghai free-trade zone policy initiatives announced ahead of launch

    Posted Sep 27th 2013, 08:51pm by George Chen

    ... George Chen george.chen@scmp.com China announced 18 new policy initiatives for its first free-trade zone in Shanghai, reducing restrictions on six key industries, including financial ... in a statement that the free-trade zone in Shanghai “will open a new phase in China’s financial reform process, bringing greater flexibility and fresh options to the heart of the world’s most dynamic ...

  9. Business - Banking & Finance - FREE-TRADE ZONE

    Caveat on Shanghai experiment

    Posted Nov 25th 2013, 11:42am by JOANNA CHIU, George Chen

    ... experiment Shanghai is keen to copy Hong Kong’s economic model for its newly launched free-trade zone. But finding an equivalent for the centuries-old common-law system the former colony inherited ... and a former lawyer with Freshfields in Hong Kong, said that while the legal system in the Shanghai free-trade zone would be a few steps ahead of the rest of the country, it would not be dramatically ...

  10. Comment - Insight & Opinion - LEADER

    Shanghai Free-Trade Zone is wake-up call for Hong Kong

    Posted Oct 04th 2013, 12:00am by SCMP Editorial

    ... SCMP Editorial Free-trade zone: HK wake-up call The Shanghai Free Trade Zone may not yet be comparable with a free port, and many top leaders were absent at its launch, including its ... could become convertible sooner than many analysts expect. Some Chinese media have compared the free trade zone with China's first special economic zone in Shenzhen. That raises questions ...




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