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

Pakistan needs joint ventures and special economic zones

Pakistan needs joint ventures and special economic zones

menos de 1 minuto Prime Minister Imran Khan attended the inaugural ceremony of Deli-JW Glass Manufacturing Complex, a Pakistan-China joint venture in private sector on Thursday, 25th October. Imran Khan said that Pakistan wanted joint ventures in private sector as well as establishment of Special Economic Zones (SEZ) and transfer of technology under the economic corridor (CPEC) project. He hoped that CPEC will prove a base to build future relationship between China and Pakistan, adding that he was looking forward to going to China next Continue lendo

Estado do Ceará e Nissan se reúnem nesta quinta-feira

Estado do Ceará e Nissan se reúnem nesta quinta-feira

menos de 1 minuto Objetivo é estreitar negócios para a implantação de uma montadora de veículos na Zona de Processamento de Exportação do Ceará (ZPE). O Governo do Estado e a fabricante de automóveis Nissan se reúnem nesta quinta-feira, 1º de novembro. O objetivo é estreitar negócios para a implantação de uma montadora de veículos na Zona de Processamento de Exportação do Ceará (ZPE). Conforme divulgado pelo Focus, o encontro foi indicado pela matriz da empresa no Japão. Leia mais

Conheça o que mudou no Ceará com a chegada da CSP

Conheça o que mudou no Ceará com a chegada da CSP

7 minutos Tamirys Ferreira de Morais, de 29 anos, encontrou uma oportunidade profissional na Companhia Siderúrgica do Pecém (CSP). Ela trabalha na sala de controle do Pátio de Matérias-Primas da siderúrgica, em uma atividade essencial para a área dela. A técnica em petróleo e gás começou como estagiária, em 2015, e, em pouco tempo, foi efetivada como empregada da empresa. “Quero me capacitar em eletrotécnica para crescer na CSP”, projeta Tamirys. Claudio Henrique Paiva Filho, de 34 anos, após dez anos trabalhando como mecânico Continue lendo

Chinese president Xi Jinping calls for greater free trade zone results

Chinese president Xi Jinping calls for greater free trade zone results

1 minuto Chinese President Xi Jinping has called for more coordinated planning, reform and innovation of the country’s Free Trade Zones. His instruction came during a meeting in Shanghai on Wednesday to mark the fifth anniversary of the development of pilot FTZs in China, reports state-backed news agency Xinhua.  He urged more effort in terms of freeing people’s mind and proactively exploring ways to continue raising the level of FTZ development, as work related to the zones has allowed for major progress over the last five Continue lendo

China’s Xi Jinping hails his free-trade zone policy as a milestone in country’s reform

China’s Xi Jinping hails his free-trade zone policy as a milestone in country’s reform

3 minutos Xi hailed his government’s free-trade zone (FTZ) policy as a “milestone” for a “new era” of reform in a message to a high-level forum marking the fifth anniversary of the opening of the country’s first FTZ in Shanghai. Ahead of his tour of southern China, there had been hopes that the trip – held 40 years after the country embarked on its economic reforms – might provide some indication of new efforts to liberalise the economy and support an ailing private sector. But Continue lendo