BEIJING, July 3 -- China will support the pilot free trade zones in undertaking more experiments with reform and opening up, and refine policy incentives for cross-border e-commerce to facilitate more innovative models in foreign trade, a State Council executive meeting chaired by Premier Li Keqiang decided Wednesday.
"These pilot free trade zones have accumulated much good experience in the past six years since their launch. In particular, they have set an example in deepening the reform of government functions and expanding opening up," Li said. "There must be a stronger unity of purpose, supported by intensified efforts in this respect."
At the Wednesday meeting, attendees called for speedy launch of new measures to support the pilot zones in achieving wider opening up and innovation-driven development in line with high-standard international economic and trade rules.
Relevant provincial and municipal governments will be urged to delegate more provincial administrative authority to the pilot free trade zones, especially in investment approval and market access. The reform of decoupling business licenses and operation permits will be fully implemented in all pilot zones.
The meeting called for efforts to support local governments and competent departments in proposing deeper reforms under their portfolio of responsibilities, trying the reforms out in the pilot zones, and working to see that all reforms and innovations be part of a systematic whole.
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