Established in April 2015, the Guangdong Free Trade Zone (GFTZ) stands as a pivotal component of China’s economic reform agenda. Comprising three distinct sub-zones – Nansha in Guangzhou, Qianhai and Shekou in Shenzhen, and Hengqin in Zhuhai – the GFTZ serves as a testing ground for policies aimed at liberalising trade, attracting foreign investment, and maximising the potential of the Greater Bay Area (GBA). Strategic positioning and objectives of Guangdong… …
Free Trade Zone
Reaching peak carbon emissions and achieving carbon neutrality has not only become a common goal in the international community, but it has also become a part of China’s national strategy. As pioneers of China’s economic development, national economic and technological development zones (NETDZs) have launched a series of measures to contribute to green development – so what should you look out for when investing in them? Reining in industry’s contribution… …
- Greater Bay Area
Understanding the Greater Bay Area’s free trade zones
by James Brodieby James BrodieWhat is the difference between a state-level new area, a special economic zone, a development zone, a high-tech zone, and a free trade zone? Greater Bay Insights explains The Greater Bay Area (the area linking Hong Kong, Macau, and nine cities in mainland China around the Pearl River Delta including Guangdong and Shenzhen) was conceived as an integrated economic and commercial hub, designed to make doing business in the region… …
The southern island gets a new Free Trade Zone Hainan is an island located off the south coast of Mainland China. The province is known as the Hawaii of China due to its sandy beaches, lush forests and tropical climate. Over 67 million tourists visit Hainan last year, with several hundred thousand coming from abroad, helping its tourist industry to grow to US $13 billion. Traditionally, Hainan’s economy has been …