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Laws and regulations for FTZs to be temporarily adjusted

Updated: Jan 9,2018 8:05 PM

The State Council has decided to adjust some laws and regulations adapted to China’s Free Trade Zones (FTZs), in a bid to better implement the opening-up and reform policies in the zones.

Eleven administrative regulations, including the ship registration rules, two State Council circulars on domestic urban rail transit equipment and city rapid rail transit and another two documents on industries for foreign investment and foreign investment in aviation industry, will be temporarily adjusted in the FTZs, according to the State Council decision.

It also urged related departments and governments of the 11 provincial regions where the free trade zones are established, such as Shanghai Municipality, Fujian, Zhejiang and Henan provinces, to adjust local related laws and regulations to adapt to the changes made by the central government.