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

Source: Xinhua| 2018-11-19 21:12:44|Editor: Liangyu
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Aerial photo taken on April 19, 2017 shows the pilot free trade zone (FTZ) in Wuhan City, capital of central China's Hubei Province. 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/Xiong Qi)

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