While we wait for details on the Chinese government's latest reform blueprint, Shanghai is already leading by example - by pushing for change through liberalisation.
- Thu
- Oct 3, 2013
- Updated: 1:02am
Shanghai Free-trade Zone
Shanghai Free-trade Zone is the first Hong Kong-like free trade area in mainland China. The plan was first announced by the government in July and it was personally endorsed by Premier Li Keqiang who said he wanted to make the zone a snapshot of how China can upgrade its economic structure. Other mainland cities and provinces including Tianjin and Guangdong have also lobbied Beijing for such approvals. The Shanghai FTZ will first span 28.78 square kilometres in the city's Pudong New Area, including the Waigaoqiao duty-free zone and Yangshan port and it is believed it may eventually expand to cover the entire Pudong district which covers 1,210.4 sq km of land.
Prices of property in areas surrounding the newly established free-trade zone in Shanghai's Pudong New Area have soared by up to 20 per cent in the past two months, triggering warnings of...
Qianhai first, Hong Kong next? While Hong Kong officials have been concerned about the impact of Shanghai's free-trade zone, it seems it is already stealing business from Qianhai.
Beijing was quick to soothe concerns in Hong Kong about its rivalry with Shanghai after the mainland's commercial capital officially launched its free-trade zone yesterday.
Hong Kong developer K Wah International has jumped on the bandwagon of the free-trade zone in Shanghai, hoping its upcoming residential project near the zone may anchor its expansion plans in the...
A day after the official launch of Shanghai's new free-trade zone we know little more about the project than we did a week before. Despite the State Council's publication last week of a list of 18...
Yesterday, the Shanghai free-trade zone was officially launched. To the disappointment of some, the highest-ranking official from Beijing at the ceremony in the new zone was Commerce Minister Gao...
Operations formally kicked off on Sunday at a new free trade zone in Shanghai that China’s government has billed as a major step for financial reforms and economic experimentation, but significant...
After two months of suspense, the wish list for Shanghai's new free-trade zone was finally released yesterday.
After two months of suspense, the wish list for Shanghai's new free-trade zone was finally released yesterday.
Shanghai's free-trade zone, to be launched tomorrow, will attract more European companies to invest on the mainland with the prospect of eased market access, a European Union official said.
The Shanghai Free Trade Zone, scheduled to be launched tomorrow, will become the proving ground for experimenting with economic reforms.
In Case You Missed It
Login
SCMP.com Account
or
Log in using a partner site
Log in using your Facebook account. What's this?
Don't have an SCMP.com account? Subscribe Now!























