Area added to Shanghai FTZ to spur sectors

Goal is to replicate development model nationwide, enhance competitiveness

China announced on Tuesday that it has added the Lingang area to the China (Shanghai) Pilot Free Trade Zone to enhance investment and advance trade liberalization with plans to replicate the concept nationwide, senior officials said.

Under the plan, the new area will be set up to the south of the Dazhi River, east of Jinhui Port, and south of Xiaoyangshan Island and Pudong International Airport in Shanghai.