China may ease investment rules in free trade zones

China may ease investment rules in free trade zones

China may to ease investment rules in three new free trade zones (FTZs) in south China’s Guangdong Province, southeast China’s Fujian Province and north China’s Tianjin Municipality and current Shanghai FTZ, if proposal to the effect is approved by the legislature.

The National People’s Congress (NPC) Standing Committee will Friday debate on the proposal from the State Council to temporarily adjust regulations about administrative approvals in these FTZs.