More detailed measures will be soon rolled out to implement the central bank's guideline to push financial reforms in Shanghai's free trade zone, an official with the zone said on Tuesday.
DBS Bank, a Singapore-based financial multinational, said Thursday that its sub-branch in the Shanghai Pilot Free Trade Zone (FTZ) has won approval to start operations.
About 6,000 companies have applied to register in Shanghai's free trade zone (FTZ) within two months of its launch, the administrative committee of the FTZ said on Thursday.
About 6,000 companies have applied to register in Shanghai's free trade zone (FTZ) within two months of its launch, the administrative committee of the FTZ said on Thursday.
No systematic and regional risks from financial reforms at China's first experimental free trade zone (FTZ) will be allowed, a top Shanghai official said in a recent interview.
The China (Shanghai) Pilot Free Trade Zone (FTZ) should be allowed to make mistakes as it carries out experimental policies, said Long Guoqiang, a senior researcher with a Chinese government think tank, on Wednesday.
China's first experimental free trade zone (FTZ) in the economic hub of Shanghai has forged ahead since it opened a month ago, turning a new page for the world's second largest economy.
The Shanghai pilot free trade zone (FTZ) started operating on Sunday, launching a test bed for the Chinese leadership's drive of deepening market-oriented reforms and boosting economic vitality.
Standing on giants' shoulders to see further, China's metropolis Shanghai now tests and spearheads the nation's reform and opening-up drive, after an economic miracle created through such efforts spanning more than 30 years.
Casting your eye over the media hype around the Shanghai Free Trade Zone (FTZ), officially launched on Sunday, it is fair to say that most of the ruckus is coming from Hong Kong.
Although the government has not yet given out details or set out a timeline for the newly established pilot free trade zone (FTZ) in Shanghai, the move has caused quite a stir in the world's second-largest economy.
The proposed establishment of the Shanghai free trade zone has moved a step closer and attracted global attention after winning support from China's top legislature this week.
A State Council plan to suspend some laws governing foreign investment in the Shanghai pilot free trade zone (FTZ) will break new ground in China's investment management mechanism and boost foreign capital inflow, said analysts.
The approval of establishment of a pilot free trade zone in the eastern business hub of Shanghai indicates an important move for China's further reform and opening up, analysts say.
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