Backgrounder: China's pilot FTZs see rapid development over past five years

 

People enquire at the service hall of the Shenyang area of China (Liaoning) Pilot Free Trade Zone (FTZ) in Shenyang, capital of northeast China's Liaoning Province, April 10, 2017. In the past five years, from tourism to agriculture, from technology to daily necessities and from costal cities to inland areas, China's FTZs have offered the nation copious advances in institutional explorations. On Sept. 29, 2013, China established its first pilot FTZ in Shanghai, the country's financial hub. And on Oct. 16, 2018, China rolled out a plan for establishing Hainan as a pilot FTZ, the 12th and largest among its peers. (Xinhua/Yang Qing)