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China will establish 10 demonstration
zones to promote imports, authorities announced ahead of the opening of
the third China International Import Expo (CIIE). Tasked
with promoting trade and facilitating innovation in trade, the zones
will be set up in Shanghai, Liaoning, Jiangsu, Zhejiang, Anhui, Fujian,
Shandong, Guangdong, Sichuan and Shaanxi, said Li Xingqian, an official
with the Ministry of Commerce. In
the next three to five years, China will foster a number of import
demonstration zones with innovative regulatory systems, complete service
functions, and flexible trade models to steadily expand China's imports
and optimize its import structure. The
ministry will continue to implement a series of policies to promote the
import of advanced technologies, equipment and services as well as
products related to improving people's livelihood, Li said. This year's CIIE will take place in Shanghai from Nov. 5 to 10. Enditem
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