Thursday, October 17, 2013
The Shanghai FTZ "Negative List" to be Released Gradually
ANBOUND
Since the official launch of Shanghai Free Trade Zone, the "negative list" that being considered as reform benchmark has disappointed many people, foreign media even criticized that the FTZ is merely a formality. China's Ministry of Commerce clarified that the challenge of FTZ reform lies on the degree of openness. The central government will build a framework first then followed by continuous adjustment throughout the entire process. Therefore, the limitation scale will be gradually narrowed down in the future.”