China has cut the number of restrictions on foreign investment for new pilot free trade zones in Tianjin, Guangdong and Fujian and also for the zone in Shanghai.To increase transparency, the central government has made public a "negative list" of foreign investment applicable to the four zones. For the Shanghai zone, the number of restricted items on the list has been cut to 122 from 139 last year.
With the aim of deepening its reform and opening up strategy, China announced detailed plans for pilot free trade zones in Tianjin, Guangdong and Fujian, as well as a new developing plan for the existing China (Shanghai) Pilot Free Trade Zone on Monday.
But at present, the xi 'an government wants to set up their own trade service area, and hope that the central government can also invest more funds in the western region for high-speed railway, highway and pipeline. In the silk road's strategic play better economic benefits.
