Free trade zones play vital role in Beijing’s high-quality development

More than 300 institutional innovations by pilot FTZs have been selected for replication at the national level. — China Daily

BEIJING: China’s pilot free trade zones (FTZs) are expected to ehance institutional opening-up and contribute significantly to its economic growth, experts say.

Since the establishment of the China (Shanghai) Pilot Free Trade Zone 10 years ago, Beijing has set up 22 pilot FTZs.