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