Former WTO boss applauds Shanghai FTZ

Trade | Shi Jing

Although concerns have been expressed regarding the present achievements made by the China (Shanghai) Pilot Free Trade Zone, Pascal Lamy, former director-general of the World Trade Organization, still offers hearty applause for what has been done so far, saying Shanghai has always been at the forefront of China's trade and investment opening-up.

"It is one more way of opening up trade, investment, the financial market and customs systems," he said. "It's one more attempt to improve China through experimentation."