FTZ policies to spread nationwide

Some policies that are currently being used in the China (Shanghai) Pilot Free Trade Zone (FTZ) will be implemented nationwide in the next two to three years, an official from the Ministry of Commerce said on Thursday.

Boosted by the Shanghai FTZ, currently 12 provinces and municipalities have applied for launching their own FTZs, Sun Yuanjiang, deputy head of the Department of International Trade and Economic Affairs, told a forum held in Changchun, capital of Northeast China's Jilin Province.

The Shanghai FTZ's negative list, which specifies all sectors in which restrictions will remain for foreign enterprises, will be gradually shrunken, Sun said.