China gives Shenzhen more autonomy for market reform, integration

Chinese President Xi Jinping looks at the skyline of Shenzhen during a visit to commemorate the 40th anniversary of the establishment of the Shenzhen Special Economic Zone in Shenzhen in southern China's Guangdong Province on Oct. 14, 2020.- Xinhua

SHANGHAI: China on Sunday detailed steps to grant more autonomy to Shenzhen, letting the southern financial and technology hub pilot reforms in market development and economic integration.

The changes announced by the National Development and Reform Commission include more flexibility to pursue reforms in areas such as land use and cross-border arbitration.