Measures Introduced to Expand Chinese Free Trade Zone
Shenzhen, a major city outside Hong Kong, introduced nearly 40 measures to improve the Qianhai-Shekou Area of China’s Guangdong Free Trade Zone, including “boosting trade facilitation,” according to an Aug. 13 report from the Hong Kong Trade Development Council. Changes…
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include more “support” for “cross-border RMB business services,” referring to renminbi (RMB) as the currency, within the trade zone, the report said.