Yunnan's pilot FTZ covers parts of Kunming, the provincial capital, Honghe Hani and Yi Autonomous Prefecture and Dehong Dai and Jingpo Autonomous Prefecture.
Wang Guangfu started his business in Dehong, which borders Myanmar, in 2000. Wang's company launched an online wholesale platform in 2017, providing services to more than 6,600 Myanmar retailers and developed a mobile phone shopping application for individual customers.
"I look forward to seeing the implementation of policies related to the pilot FTZ, which will promote the development of export-oriented industries," said Wang, who attended the inauguration.
A total of 28 enterprises announced at the ceremony their intention to settle in the Kunming FTZ area. With a total investment of 5.46 billion yuan (763.6 million U.S. dollars), the enterprises cover industries including warehousing and logistics, biology, information, new energy technologies and import and export.
According to the plan, the pilot FTZ of Shandong Province in east China will feature new measures to nurture new businesses, develop the marine economy and explore China-Japan-Republic of Korea economic cooperation at the sub-national level.
The Shandong pilot FTZ covers three areas as well, including Jinan, the provincial capital, and coastal cities of Qingdao and Yantai.
Zhang Deping, director of the Department of Commerce of Shandong Province, said the core of the pilot FTZ will be institutional innovation. Innovative exploration will be carried out in fields such as business environment, investment and trade facilitation, the opening-up of the financial sector, science and technology, marine economic development, as well as the cooperation model of China-Japan-Republic of Korea.
【国内英语资讯:Chinas new FTZs inaugurated to push forward opening up】相关文章:
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