Xi Calls for Higher-Level Pilot Free Trade Zones

What’s new: President Xi Jinping has called for the development of higher-level pilot free trade zones (FTZs) centered on innovation and aligned with global trade rules, state media reported.

The construction of pilot FTZs has been a key strategic move of the Communist Party’s Central Committee to promote reform and opening-up in the new era, Xi said, according to a report from the state-run Xinhua News Agency.