China Launches 7 New Free Trades Zones Across the Country

Seven new free trade zones (FTZ) began operation across China on April 1, with the aim of further opening up the country and coordinating development between various regions. The new zones are in the provinces of Liaoning, Zhejiang, Henan, Hubei, Sichuan and Shaanxi, as well as in Chongqing municipality, with each area having its own

China’s Khorgas Border Checkpoint Receives Investment via the Silk Road Project

A China-Kazakhstan free trade zone received about one million visits in the first quarter of 2017, according to local border inspection authorities. The Horgos International Border Cooperation Center on the China-Kazakhstan border, in northwest China’s Xinjiang Uygur Autonomous Region, has seen an increasing number of tourists since 2012. It attracted a total of 5.43 million

New Zealand Joins China’s One Belt, One Road Initiative

New Zealand on Monday [27 March 2017] inked a cooperation agreement on the Belt and Road Initiative with China, becoming the first among Western developed countries. Visiting Chinese Premier Li Keqiang and his New Zealand counterpart, Bill English, witnessed the signing of the memorandum of understanding, which adds to the long list of ground-breaking achievements

Shanghai FTZ to Become Free Port

Shanghai has moved to deepen reforms by reinventing its pilot Free Trade Zone (FTZ) into a world-class free port, Shanghai Securities News reported on Tuesday [14 February 2017]. Such an ambition would be accompanied by plans to further relax import cargo controls and streamline customs clearance in accordance with international practice…Full Article: ECSN.cn Feb 2017

China’s Foreign Minister Endorses Upgrade of NZ-China Free Trade Agreement

Chinese Foreign Minister Wang Yi urged on Thursday [9 February 2017] that China and New Zealand should start talks on upgrading their free trade agreement (FTA). The minister made the comment during his meeting with New Zealand Prime Minister Bill English in Beijing…Full Article: The Global Times Feb 2017 Key Point Chinese Foreign Minister expressed

China and Georgia Sign Trade Liberalization Agreement

China and Georgia on Wednesday [5 October 2016] substantially concluded their Free Trade Agreement (FTA) negotiations, with a landmark memorandum of understanding signed in Tbilisi. The memo was signed by visiting Chinese Commerce Minster Gao Hucheng, Georgian Vice Prime Minister and Minister of Economy and Sustainable Development Dimitry Kumsishvili…Full Article: Xinhua Oct 2015 Key Point