Shanghai's FTZ continues to shine as 'milestone' in China's opening-up

ACC Lab, which specializes in the testing of foods and dietary supplements, registered in the China (Shanghai) Pilot Free Trade Zone - the first of its kind in the country - in 2015.

The company got a business license within two weeks, which helped it achieve rapid growth in the domestic market.

"We could hardly imagine how we would be able to make this business happen if not for the negative list," said Si Rong, executive president of ACC.