China to build new FTZ in Yangtze River Deltaised in stacks at th

China is planning to build a new Free Trade Zone in the Yangtze River Delta region, China Business Network reported on Wednesday.

Deputy Director of the Shanghai Development and Reform Commission Zhu Min made t

he announcement at a press conference on promoting high-quality development on Wednesday in Shanghai.

Although Zhu didn’t reveal the exact location of the new FTZ, S

uzhou Industrial Park in East China’s Jiangsu province is expected to be the spot.

Suzhou Industrial Park said to a CBN reporter the FTZ is a national-level plan and the park hasn’t got any news yet.

Zhu emphasized the Shanghai Pilot Free Trade Zone should cooperate with other FTZs in th

e Yangtze River Delta to play a greater role in leading high-quality development in the region.

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