CHINA-ECONOMY: CHINA'S STATE COUNCIL DECIDES TO ADD THREE MORE FREE TRADE ZONES

China's State Council announced a plan on September 21, to further expand the Free Trade Zone (FTZ) programme to attract foreign investment and boost trade. It will add zones in the capital city of Beijing, Central China’s Hunan province and the eastern province of Anhui. The plan also involves expanding an existing FTZ in the eastern province of Zhejiang and will bring the country’s total number of FTZs to 21. The Anhui zone will be spread among the cities of Hefei, Wuhu and Bengbu. The Hunan zone will be spread among the cities of Changsha, Yueyang and Chenzhou.





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