Shanghai Finance

Shanghai FTZ Finance

Free trade zones are for reform, not preferential policies

Establishing the pilot free trade zone in Shanghai is to explore a transplantable reform path for national financial reform. It is wrong that officials from other cities think the central government will tailor preferential policies for the...

Free trade zone is a testbed for renminbi

In the tradition of earlier policies, Chinese authorities have launched another small, reversible but potentially significant step of reform toward a further opening of the economy. In the Pudong district of Shanghai they have opened a pilot...

World Bank chief says free trade zone a positive move

BEIJING, Sept. 16 (Xinhuanet) -- Shanghai’s pilot free trade zone is a “positive and critical” development, Jim Yong Kim, president of the World Bank Group, said yesterday. “The pilot zone will allow China to become...

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Hong Kong students visit Shanghai Financial Service Office