Subscribe free to our newsletters via your
. Earth Science News .




TRADE WARS
China approves 12 new free trade zones: state media
by Staff Writers
Beijing (AFP) Jan 22, 2014


China has approved a dozen new free trade zones months after opening its first one in Shanghai, state media said Wednesday, furthering efforts to test economic reforms and bolster growth.

Beijing "has given the nod to 12 free trade zones ... amid a spurt of nationwide enthusiasm for such schemes," the official news agency Xinhua reported.

The sites will include the megacities of Tianjin near the capital and Guangdong in the south close to Hong Kong, the report said, citing an unnamed source -- who declined to name the remaining 10 locations.

The new zones will have to conduct a survey and draw up specific plans "in a process that may last more than a year", Xinhua added.

The free trade zone in Shanghai opened last September with great fanfare. It covers a 29-square-kilometre (or 11-square-mile) area.

Authorities touted it as a site to try out reforms, such as allowing free convertibility of the yuan currency to loosening restrictions on foreign investment.

Such changes are being closely watched as a test of China's ability to restructure its economy in the face of slowing growth.

But soon after the launch a "negative list" was issued of what is barred in the zone, eliciting criticism that it was too long and restrictive.

Officials later promised that a revised list would be released in 2014.

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








TRADE WARS
Thousands of Hong Kong domestic helpers rally for 'tortured' maid
Hong Kong (AFP) Jan 19, 2014
Thousands of domestic helpers took to the streets of Hong Kong Sunday to demand justice for an Indonesian maid allegedly tortured by her employers, the second such rally in a week. Erwiana Sulistyaningsih, 22, was reportedly left unable to walk following eight months of abuse in the southern Chinese city and was admitted to an Indonesian hospital in critical condition last week after returni ... read more


TRADE WARS
UK charity expands Philippine anti-trafficking work

Tornadoes, flood, drought cost US billions in 2013

Funding Problems Threaten US Disaster Preparedness

Microalgae and aquatic plants can help to decrease radiopollution in the Fukushima area

TRADE WARS
Malaysians protest rare earth plant on Australia Day

Potential Future Data Storage at Domain Boundaries

Quantum physics could make secure, single-use computer memories possible

ISS delays planned orbit raise due to space junk threat

TRADE WARS
Study explains origins of giant underwater waves

Researchers target sea level rise to save years of archaeological evidence

The life cycle of a jellyfish and a way to control it

Key species of algae shows effects of climate change over time

TRADE WARS
Greenpeace says Russia still holding Arctic protest ship

Massive valley deeper than Grand Canyon found under antarctic ice

Giant Antarctic glacier beyond point of no return

Emperor Penguins breeding on ice shelves

TRADE WARS
Uruguay farmers set against open-pit iron ore mine

New discovery could stimulate plant growth and increase crop yields

China farmers build wall of cash with $2.2 mn payout: report

European Parliament votes pollen is part of honey

TRADE WARS
Cyclone June takes aim at New Caledonia, New Zealand

Building 'belt' offers cheap, quick repair of earthquake damage

Indonesia floods leave 16 dead, tens of thousands displaced

Fresh cyclone brews as Tonga struggles to recover

TRADE WARS
Senegal stands firm in Russian trawler row

Point of no return: can peace talks stop S. Sudan's war?

Nigerian military brass sacked after court ruling

Central Africa begins search for new leader after bloodbath

TRADE WARS
Study: Chimps can use gestures to achieve specific goals cooperatively

Primates: Now with only half the calories!

Ultrasound directed to the human brain can boost sensory performance

Australia study debunks existence of 'sixth sense' or ESP




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement