Pilot FTZs to get boost in new year

The nation will accelerate the development of pilot free trade zones and ports via policy innovation and adequately expand their size to advance all-round opening-up in 2019, said commerce officials.

The government will try new reform and opening-up policies in its pilot free trade zones first to ensure their feasibility, said Tang Wenhong, director-general of the department of foreign investment administration at the Ministry of Commerce.

"The ministry is currently planning to add new areas for China (Shanghai) Pilot Free Trade Zone and designing policies to build Hainan free-trade port to accelerate its development," he said.