novembro 2018

Free trade zone expected to be model for China’s opening-up

Free trade zone expected to be model for China’s opening-up

3 minutos China has unveiled a new plan to build Hainan into a pilot free trade zone with upgraded trade facilitation, where market access will be substantially expanded for foreign companies. The release of the plan follows the announcement of the central government’s decision in April to transform the entire island of Hainan into the country’s 12th FTZ, covering 35,400 square kilometers – an area 32 times the size of Hong Kong.  “As a demonstration area of China’s initiative to further open up and promote Continue lendo

Chinese investors plan $10 billion metallurgical complex in South Africa

Chinese investors plan $10 billion metallurgical complex in South Africa

2 minutos Chinese investors signed agreements to build a $10 billion metallurgical complex in South Africa during President Xi Jinping’s state visit this week and hope to start construction next year, an executive involved in the project and a provincial official told Reuters.  South Africa’s President Cyril Ramaphosa said at a joint news conference with Xi on Tuesday that China had committed to invest $14.7 billion in the South African economy, but neither leader mentioned the $10 billion complex. Ramaphosa is on a mission to Continue lendo

Why free trade zones are not just for port places

Why free trade zones are not just for port places

1 minuto Free trade zones, often referred to as free ports, represent one of the biggest opportunities for sustainable economic growth and job creation in Britain today. If implemented properly they could do more to rebalance the UK economy and empower the regions than any other policy so far.  Regardless of the nature and details of our future relationship with the European Union, free trade zones could create massive opportunities for Britain’s businesses and local authorities alike. Contrary to assumed wisdom, while free trade zones Continue lendo

World’s free trade zones face up to ‘dynamic changes’

World’s free trade zones face up to ‘dynamic changes’

1 minuto The World Free Zone (Hengqin) Summit 2018 was held in Zhuhai from Oct 29 to 31 with keynote speeches on Future Leadership of Emerging FTZs, Implications of the New Economy on FTZs, and the Future of Trade & Logistics. The summit theme was: One Belt, One Zone: New Era, New Cooperation, New Development. Gathered at the Zhuhai Marriott Hotel in Jida were more than 300 representatives from domestic and foreign FTZs, World Top 500 companies, transnational corporations, and universities and scientific research Continue lendo