China's State Council issued a master plan for the China (Fujian) Pilot Free Trade Zone (FTZ) on April 24, 2015, outlining strategic goals for Fujian to become a leader in institutional innovation, cross-Straits cooperation and a core area on the modern maritime Silk Road.
China will further develop free trade zones (FTZs), promoting successful experiences while preventing risks, Chinese Vice Premier Wang Yang said Wednesday.
Premier Li Keqiang pledged to continue preferential policies, including tax reductions, for Taiwan-invested corporations to help them counteract the mainland's economic slowdown and restructuring.
Pilot Free Trade Zones, now operating in four areas, must have the courage to roll out bolder reforms, Premier Li Keqiang said on Wednesday as he visited Xiamen, part of the Fujian Pilot FTZ.
The main task for the Fujian FTZs is to explore new development models for cross-Straits exchanges, accelerate institutional reform and offer advanced experience for other regions nationwide.
