SITUATION AND POLICY FOR THE DEVELOPMENT OF FREE TRADE ZONE IN CHINA

Abstract

    China is one of the countries having the world’s largest free trade zones. The formation and development of this model has been making significant contribution to the economic growth of China in recent years, which has been highly appreciated worldwide as a successful example and becoming a reference model for developing countries. This article studies the situation and policy for the development of free trade zones in China with the aim at highlighting some lessons from China’s experience on developing the model of free trade zone.