国内英语资讯:Economic Watch: From coast to inland: pilot FTZs advancing Chinas opening-up and reform
<p><span word="BEIJING">BEIJING</span>, <span word="Nov">Nov</span>. 20-- <span word="The">The</span> <span word="landscape">landscape</span> <span word="of">of</span> <span word="China">China</span>'<span word="s">s</span> <span word="pilot">pilot</span> <span word="free">free</span> <span word="trade">trade</span> <span word="zones">zones</span> (<span word="FTZs">FTZs</span>) <span word="will">will</span> <span word="be">be</span> <span word="further">further</span> <span word="broadened">broadened</span> <span word="with">with</span> <span word="the">the</span> <span word="southern">southern</span> <span word="island">island</span> <span word="province">province</span> <span word="of">of</span> <span word="Hainan">Hainan</span>, <span word="which">which</span> <span word="was">was</span> <span word="designated">designated</span> <span word="this">this</span> <span word="year">year</span> <span word="as">as</span> <span word="the">the</span> <span word="latest">latest</span> <span word="and">and</span> <span word="largest">largest</span> <span word="pilot">pilot</span> <span word="FTZ">FTZ</span>, <span word="a">a</span> <span word="move">move</span> <span word="seen">seen</span> <span word="to">to</span> <span word="further">further</span> <span word="open">open</span> <span word="the">the</span> <span word="country">country</span>'<span word="s">s</span> <span word="market">market</span> <span word="and">and</span> <span word="to">to</span> <span word="attract">attract</span> <span word="foreign">foreign</span> <span word="investment">investment</span>.</p><p><span word="Within">Within</span> <span word="five">five</span> <span word="years">years</span>, <span word="pilot">pilot</span> <span word="FTZs">FTZs</span> <span word="have">have</span> <span word="been">been</span> <span word="springing">springing</span> <span word="up">up</span> <span word="in">in</span> <span word="the">the</span> <span word="country">country</span>, <span word="with">with</span> <span word="Shanghai">Shanghai</span> <span word="as">as</span> <span word="the">the</span> <span word="first">first</span> <span word="testing">testing</span> <span word="field">field</span> <span word="to">to</span> <span word="blaze">blaze</span> <span word="the">the</span> <span word="trail">trail</span> <span word="in">in</span> 2013, <span word="followed">followed</span> <span word="by">by</span> 11 <span word="more">more</span> <span word="established">established</span> <span word="or">or</span> <span word="being">being</span> <span word="built">built</span> <span word="in">in</span> <span word="a">a</span> <span word="vast">vast</span> <span word="land">land</span> <span word="from">from</span> <span word="provinces">provinces</span> <span word="of">of</span> <span word="Fujian">Fujian</span> <span word="and">and</span> <span word="Guangdong">Guangdong</span> <span word="on">on</span> <span word="the">the</span> <span word="southeastern">southeastern</span> <span word="coast">coast</span> <span word="to">to</span> <span word="inland">inland</span> <span word="provinces">provinces</span> <span word="of">of</span> <span word="Shaanxi">Shaanxi</span> <span word="and">and</span> <span word="Sichuan">Sichuan</span> <span word="in">in</span> <span word="western">western</span> <span word="China">China</span>.</p><p><span word="Such">Such</span> <span word="expansion">expansion</span>, <span word="however">however</span>, <span word="is">is</span> <span word="not">not</span> <span word="randomly">randomly</span> <span word="made">made</span> <span word="or">or</span> <span word="a">a</span> <span word="mere">mere</span> <span word="duplication">duplication</span> <span word="of">of</span> <span word="others">others</span>. <span word="Thoroughly">Thoroughly</span> <span word="planned">planned</span> <span word="and">and</span> <span word="researched">researched</span>, <span word="the">the</span> <span word="geographical">geographical</span> <span word="distribution">distribution</span> <span word="of">of</span> <span word="these">these</span> <span word="pilot">pilot</span> <span word="FTZs">FTZs</span> <span word="has">has</span> <span word="a">a</span> <span word="far">far</span>-<span word="reaching">reaching</span> <span word="impact">impact</span> <span word="over">over</span> <span word="the">the</span> <span word="development">development</span> <span word="of">of</span> <span word="the">the</span> <span word="Chinese">Chinese</span> <span word="economy">economy</span>, <span word="and">and</span> <span word="each">each</span> <span word="of">of</span> <span word="them">them</span> <span word="has">has</span> <span word="displayed">displayed</span> <span word="its">its</span> <span word="own">own</span> <span word="advantages">advantages</span>.</p><p><span word="STRENGTH">STRENGTH</span> <span word="FROM">FROM</span> <span word="SPATIAL">SPATIAL</span> <span word="DISTRIBUTION">DISTRIBUTION</span></p><p><span word="As">As</span> <span word="the">the</span> <span word="financial">financial</span> <span word="center">center</span> <span word="of">of</span> <span word="China">China</span>, <span word="Shanghai">Shanghai</span> <span word="spearheaded">spearheaded</span> <span word="the">the</span> <span word="FTZ">FTZ</span> <span word="experiments">experiments</span> <span word="particularly">particularly</span> <span word="in">in</span> <span word="the">the</span> <span word="sphere">sphere</span> <span word="of">of</span> <span word="financial">financial</span> <span word="innovation">innovation</span>.</p><p><span word="Shanghai">Shanghai</span> <span word="Municipal">Municipal</span> <span word="government">government</span> <span word="has">has</span> <span word="taken">taken</span> <span word="great">great</span> <span word="efforts">efforts</span> <span word="to">to</span> <span word="consolidate">consolidate</span> <span word="its">its</span> <span word="financial">financial</span> <span word="strength">strength</span>. <span word="Data">Data</span> <span word="showed">showed</span> 41 <span word="renowned">renowned</span> <span word="international">international</span> <span word="financial">financial</span> <span word="institutions">institutions</span> <span word="have">have</span> <span word="set">set</span> <span word="up">up</span> 56 <span word="asset">asset</span> <span word="management">management</span> <span word="companies">companies</span> <span word="by">by</span> <span word="November">November</span> <span word="in">in</span> <span word="the">the</span> <span word="Lujiazui">Lujiazui</span> <span word="Financial">Financial</span> <span word="City">City</span>, <span word="which">which</span> <span word="is">is</span> <span word="a">a</span> <span word="part">part</span> <span word="of">of</span> <span word="Shanghai">Shanghai</span> <span word="pilot">pilot</span> <span word="FTZ">FTZ</span>, <span word="driving">driving</span> <span word="the">the</span> <span word="area">area</span> <span word="a">a</span> <span word="step">step</span> <span word="closer">closer</span> <span word="to">to</span> <span word="the">the</span> <span word="target">target</span> <span word="of">of</span> <span word="becoming">becoming</span> <span word="a">a</span> <span word="global">global</span> <span word="asset">asset</span> <span word="management">management</span> <span word="center">center</span>.</p>
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