Beijing, China. /VCG
China on Monday released plans to build pilot free trade zones in the country's capital Beijing, central China's Hunan Province and east China's Anhui Province.
The pilot free trade zone in Beijing will cover an area of 119.68 square kilometers, including three areas for science and technology innovation, international business services, and high-end industries, according to the plan.
Beijing will implement system of pre-establishment national treatment plus a negative list for foreign investment, improve trade facilitation, and relax restrictions on service trade access to the greatest extent in regions where conditions permit.
(Source: chinadaily.com.cn)
