The 18th CPC Central Committee, composed of more than 200 senior Party officials, will convene its third plenum from November 9 to 12 to discuss major economic and social issues concerning comprehensive reform.
China (Shanghai) Pilot Free Trade Zone has seen 208 newly registered enterprises and 12 opening measures established by the end of its first month. The project has attracted investment from home and abroad due to its favorable measures. Twenty-three opening policies covering 18 economic fields such as finance, shipping, telecom and education have been promoted in FTZ’s overall plan, with 12 of them having come into effect during the past month.
Analysts and industry insiders have been calling for deepened financial reform to guarantee healthy and stable economic growth.
China will continue to pursue reforms to improve the quality and efficiency of economic development, while maintaining macroeconomic stability, said China 's central bank deputy chief on Saturday.
The approval of establishment of a pilot free trade zone (FTZ) 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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