China opens Shanghai free-trade zone
Government pledges to allow foreign investment and new trade zone is expected to be a test ground for economic reforms
, Sunday 29 September 2013 12.40 BST
A free-trade zone in Shanghai that
's government has billed as a major step for financial reforms and economic experimentation has formally started.
State media reported that a first batch of 25 Chinese and foreign companies were granted
licences
to register in the zone.
The China (Shanghai) pilot fre ...