Tempo de leitura: 2 minutos<\/small><\/p>
With China\u2019s commerce minister Zhong Shan offering verbal support to building the country\u2019s free-trade ports this week, Beijing\u2019s renewed efforts to pick up the free-trade mantle could contain some substance this time.<\/p>\n
To accelerate the opening-up of the Chinese economy, Zhong said greater freedom should be given to the local governments in running the free-trade zones, which would eventually be developed into free-trade ports.\u00a0His statement was published on Tuesday by the Ministry of Commerce.<\/p>\n
Zhong is the latest senior government official to throw his weight behind the ambitious plan to turn some of the mainland\u2019s developed cities into Hong Kong-like international metropolises, following Vice-Premier Wang Yang\u2019s calls to build the mainland\u2019s own free-trade ports in November.<\/p>\n
There will be some policy breakthroughs in this round of efforts to build free marketplaces on par with Hong Kong and Singapore, according to Chen Bo, a professor at Huazhong University of Science and Technology and an adviser to local governments including Shanghai on policymaking.\u00a0\u201cFor Shanghai, it definitely aims at the highest international standards in developing a free-trade port,\u201d said Chen.<\/p>\n
Relaxed visa rules to facilitate foreign businesspeople\u2019s stay in the mainland, lower taxes for businesses in line with international practices, expanded geographical size and freer cross-border capital flows were among the factors in the plan, the professor added.<\/p>\n
Shanghai has spearheaded the move among its provincial-level counterparts to submit its plan to turn the existing free-trade zone (FTZ) into a free-trade port.\u00a0Several local officials said a detailed action plan was likely be approved by the central government soon.<\/p>\n
Shanghai unveiled its ambition to build its free-trade port early last year, after four years of running the city\u2019s 120 sq km FTZ with little success.\u00a0The limited geographical size of the FTZ and the snail pace in financial deregulation dented foreign companies\u2019 interest in doing business and making investment in the once much-hyped zone.<\/p>\n
For Shanghai, it definitely aims at the highest international standards in developing a free-trade port.\u00a0A typical free-trade port allows goods and capital to flow in and out unhindered, without import duties being charged.\u00a0Except for businesses listed on a \u201cnegative list\u201d, all foreign investments can be made in the zone without going through the standard government approval procedures.<\/p>\n
\u201cThe commerce minister\u2019s statement is at least a positive message to businesses around the world that China wants to attract and retain them,\u201d said Frank Feng, the chief executive of a visa service firm. \u201cBusinesspeople are highly expecting some substantial liberalisations.\u201d<\/p>\n
The mainland has 11 FTZs across the nation, including those in the more prosperous Guangdong, Zhejiang and Fujian provinces.\u00a0Shanghai, which established the country\u2019s first FTZ in late 2013, is expected to be the first region to receive a nod from the central leadership to build a free-trade port.<\/p>\n
China also needs to take measures to offset the impact from US President Donald Trump\u2019s tax cut plan that aims to retain and attract foreign investment on the latter\u2019s home turf.<\/p>\n
Leia mais<\/a><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" 2 minutos<\/small> With China\u2019s commerce minister Zhong Shan offering verbal support to building the country\u2019s free-trade ports this week, Beijing\u2019s renewed efforts to pick up the free-trade mantle could contain some substance this time. To accelerate the opening-up of the Chinese economy, Zhong said greater freedom should be given to the local governments in running the free-trade zones, which would eventually be developed into free-trade ports.\u00a0His statement was published on Tuesday by the Ministry of Commerce. Zhong is the latest senior government official to Continue lendo<\/span>\u2192<\/a><\/p>\n","protected":false},"author":4,"featured_media":857,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["entry","author-adm_hb2018","post-856","post","type-post","status-publish","format-standard","has-post-thumbnail","category-noticias"],"_links":{"self":[{"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/posts\/856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/comments?post=856"}],"version-history":[{"count":1,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/posts\/856\/revisions"}],"predecessor-version":[{"id":858,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/posts\/856\/revisions\/858"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/media\/857"}],"wp:attachment":[{"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/media?parent=856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/categories?post=856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/tags?post=856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}