Home China’s Cabinet: To push for more reforms in free trade zones

China’s Cabinet: To push for more reforms in free trade zones

Published date: 23 Nov. 2018 | 06:53

Reuters reports that the latest statement released by China’s Cabinet on Friday, citing that it unveiled a variety of measures to deepen reforms in free trade zones (FTZs).

The Chinese authorities also said that the qualified individuals in the FTZs will be allowed to invest in overseas securities under relevant rules.

Further Details:

“Banks in FTZs will also be allowed to conduct Yuan derivative businesses on behalf of overseas institutions.

Qualified FTZs will be able to launch pilot schemes for intellectual property rights securitization.”

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