China takes strategic approach with proposed new FTZs
Market participants have hailed China's recent decision to open up a second group of Free Trade Zones (FTZs) as further evidence of the country's determination to press ahead with the overhaul of its economic and regulatory framework. Prime minister Li Keqiang announced on December 12 that three new FTZs would be launched, in Guangdong, Tianjin and Fujian.
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