The China (Shanghai) Pilot Free Trade Zone, the first one in China, made its debut in 2013, and has become a pioneer in China’s comprehensively deepening reform and opening up.
So far, China has 18 pilot free trade zones, located from south to north and from the country’s coasts to its inland regions.
Although each of them has its own specialty, they are all making bold explorations in trade and investment. In all, the free trade zones attracted 60.2 billion yuan in foreign investment in the first five months of 2020.
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