China Approves Pilot Free Trade Zone in Shanghai
时间：2018-12-02 作者：英语课 分类：世界各地新闻集锦
英语课
China's State Council has given its formal approval for the establishment of a pilot free trade zone in Shanghai.
Su Yi has the details.
The new Free Trade Zone will combine four existing pilot free trade areas in the municipality, including Waigaoqiao FTZ, Waigaoqiao Free Trade Logistics Park, Yangshan Free Trade Port Area and Pudong Airport Comprehensive FTZ.
It is expected to further expand to cover an area of nearly 29-square kilometers.
The new FTZ is being established as the central government trys to impose a more proactive opening-up strategy to boost trade.
A government statement says the move is designed to "help explore a new path for China's opening up, speed up transformation 1 of government functions and promote economic restructuring".
It is expected the pilot zone in Shanghai will be copied in other parts of the country at some point down the road.
The statement says the FTZ will showcase an "upgraded version of China's economy", a concept that has particularly been promoted by Chinese Premier 2 Li Keqiang.
So far, two significant moves have already been made in the FTZ, including the adoption 3 of a "negative list" approach when it comes to foreign investment and some legal adjustments in order to simplify administrative 4 approval procedures.
More detailed 5 plans are still waiting for approval.
For CRI, I'm Su Yi.
Su Yi has the details.
The new Free Trade Zone will combine four existing pilot free trade areas in the municipality, including Waigaoqiao FTZ, Waigaoqiao Free Trade Logistics Park, Yangshan Free Trade Port Area and Pudong Airport Comprehensive FTZ.
It is expected to further expand to cover an area of nearly 29-square kilometers.
The new FTZ is being established as the central government trys to impose a more proactive opening-up strategy to boost trade.
A government statement says the move is designed to "help explore a new path for China's opening up, speed up transformation 1 of government functions and promote economic restructuring".
It is expected the pilot zone in Shanghai will be copied in other parts of the country at some point down the road.
The statement says the FTZ will showcase an "upgraded version of China's economy", a concept that has particularly been promoted by Chinese Premier 2 Li Keqiang.
So far, two significant moves have already been made in the FTZ, including the adoption 3 of a "negative list" approach when it comes to foreign investment and some legal adjustments in order to simplify administrative 4 approval procedures.
More detailed 5 plans are still waiting for approval.
For CRI, I'm Su Yi.
1 transformation
n.变化；改造；转变
- Going to college brought about a dramatic transformation in her outlook.上大学使她的观念发生了巨大的变化。
- He was struggling to make the transformation from single man to responsible husband.他正在努力使自己由单身汉变为可靠的丈夫。
2 premier
adj.首要的；n.总理，首相
- The Irish Premier is paying an official visit to Britain.爱尔兰总理正在对英国进行正式访问。
- He requested that the premier grant him an internview.他要求那位总理接见他一次。
3 adoption
n.采用，采纳，通过；收养
- An adoption agency had sent the boys to two different families.一个收养机构把他们送给两个不同的家庭。
- The adoption of this policy would relieve them of a tremendous burden.采取这一政策会给他们解除一个巨大的负担。
4 administrative
adj.行政的，管理的
- The administrative burden must be lifted from local government.必须解除地方政府的行政负担。
- He regarded all these administrative details as beneath his notice.他认为行政管理上的这些琐事都不值一顾。