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Further Open Up FTZs - State Council

CHINA PRESS
MNI (BEIJING)

China will introduce new measures to promote the high-quality opening of free trade zones, according to recent State Council plans. Officials said China will expand the scope of financial services that foreign firms can provide within FTZs, and widen tariff exemption rules for various products and services. Foreign firms will benefit from harmonised treatment for government procurement projects and a relaxation of business and spouse visas. The State Council said authorities would take targeted measures to boost residents' consumption, and coordinate cross-government policy for renovating old age housing. (Source: 21st Century Herald)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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