Guangdong pilot Free Trade Zone launched

World Today

The Guangdong Pilot Free Trade Zone launches today. The 116 square-kilometer zone is part of a pilot program loosening regulations in various sectors to strengthen economic ties with Hong Kong and Macau. CCTV’S Wu Lei filed this report.

Guangdong Pilot Free Trade Zone launched

Guangdong Pilot Free Trade Zone launched

The Guangdong Pilot Free Trade Zone launches today. The 116 square-kilometer zone is part of a pilot program loosening regulations in various sectors to strengthen economic ties with Hong Kong and Macau. CCTV'S Wu Lei filed this report.

Highlights:

  • The Guangdong Pilot zone includes parts of Guangzhou’s Nansha New Area, Qianhai and Shekou in Shenzhen, as well as Hengqin in Zhuhai.
  • The Guangdong free trade zone aspires to be a center of new international investment and trade rules.
  • The zone will have internationally-recognized regulations in areas like foreign investment, trade and intellectual property rights.