Preparing Shanghai, Preparing China
Globalization has passed the phase of traditional commodity trade and is now heavily bent toward service trade and cross-border investment. To adapt to the new trend, the Shanghai free trade zone is designed to expand the opening of the service sector in China
A New Growth Engine
The Central Government has given Shanghai the green light to set up the mainland's first free trade zone, moving it closer to becoming a global financial, trade and shipping hub to rival other Asian cities such as Hong Kong
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Slowly but Surely
Despite more slumping growth in China, economic restructuring is progressing as planned
Cutting Back on Red Tape
The Chinese Government places more power in the hands of the market and enterprises
Shape Up or Ship Out
Shipping giant COSCO prepares to restructure its assets
Consumption Takes the Lead
Buoyant domestic demand injects vigor into a slowing economy
A Real Estate Revival?
Further regulation in the real estate market is a must, but tighter controls won't be easy
Time to Settle Tariff Disputes
Cooperation is the only way forward for Chinese and American businesses
Free Trade Zone
A free trade zone is a place where goods can be imported, manufactured and exported without the intervention of customs authorities
July 3, 2013: The State Council approves the plan to establish a free trade zone

June 28, 2013: The Shanghai Municipal Government hands in its application for the free trade zone after soliciting opinions

2010: The National Development and Reform Commission and State Council send an inspection group to Shanghai

2005: Cities including Shanghai, Shenzhen and Tianjin, file applications to the State Council, China's cabinet, to establish free trade zones

2003: Official suggests it's time for China to set up a free trade zone on the basis of existing bonded zones
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