State Council Offers Opinions on Advancing FTZ Strategy

On December 17, the State Council issued a set ofopinions aimed at accelerating growth of the Free-Trade Zone strategy, indicating several specific principles for ongoing emphasis. 

 

First, the opinions confirm that the Free-Trade Zone strategy is the latest chapter in China's new round of Reform and Opening, and that it is imperative that the government allow the market - both domestic and international - to play a decisive role in resource allocation. 

Second, the opinions affirm the connection between the Free-Trade Zone strategy and the "One Belt, One Road" policy, as well as other important diplomatic strategies. 

Lastly, the government emphasized that despite the continued opening of China's economy, national security must always be a top priority.