en
Lijuan Zhang,Robert Rogowsky

China (Shanghai) Pilot Free Trade Zone: An Experiment In Economic Reform

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The establishment of the Shanghai FTZ has been recognized as a crucial economic reform initiative of China’s new leadership. It was launched with much fanfare as a way to spark deeper economic reform and to trigger a new wave of trade and financial liberalization that can over time spread widely within China. The eleven-square-mile area promises financial deregulation, convertibility of China’s currency, simplification of administrative systems, and freer flow of capital. How the area will affect businesses in China and throughout the world is the essential question before both multinational corporations and local Chinese companies seek to benefit from more relaxed financial and investment controls. And how to help graduate students understand the real development of China’s trade and financial liberalization has become a serious topic inside the faculty team on Chinese trade and economic statecraft.
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Citati

  • Ali Darwishje citiraoпре 9 година
    However, ineffective policy enforcement has been a major issue in China, and the enforcement of patent laws is no exception.
  • Ali Darwishje citiraoпре 9 година
    As lawyers specialize in intellectual property practice, the FTZ can develop IP-related industries that may be lead to an increase in IP investment opportunities.
  • Ali Darwishje citiraoпре 9 година
    One of the most sheltered industries is China’s entertainment sector: foreign companies are prohibited from investing in radio or television stations, film companies, publishing companies, news websites, or online audio-visual programming, and are even barred from the online gaming industry.

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