Shanghai free trade zone project as soon as this week

China (Shanghai) free trade area overall carbon steel concentric reducer plan draft revisions, at present has been basically finalized, also have to finish the relevant legal procedures, the fastest will be officially disclosed in this week. Plan was released, is to make a free trade area of Shanghai management interim measures.

According to people familiar with the black carbon steel butt welded concentric reducer overall concept of free trade area involving nearly 100 pilot task, including further deepen the hot rolled seamless steel pipe reform, speed up the change of government function, actively explore investment management mode innovation, expand service sectors, accelerate transformation of the mode of trade development, deepen the open schedule 40 hot dipped galvanized steel tubing innovation in the field of finance, establish corresponding to experimental zone and the institutional environment, such as regulation, more than half of which belongs to the category of system innovation.

System innovation are mainly concentrated in four aspects, respectively is: the expansion of investment in the field of changing the way of opening up, promote trade development, in the field of financial opening, and speed up the transition of the function of the government.

Shanghai composite bonded area management committee director zhang hong was also introduced, in order to promote trade development mode change, fta will encourage the development of many new formats, including the development of electronic commerce, finance lease, and high-end service, commodity trading, offshore trade, etc.Open the financial sector, fta will explore the establishment of a new experimental zone of financial regulation system, there will be a package of system innovation, including the yuan freely convertible, free flow of capital, etc.