On November 23, the information office of the state council held a regular policy briefing. In the first three quarters of 2018, the total import and export of China's pilot free trade zones (excluding hainan) totaled 2.4 trillion yuan, accounting for 10.77 percent of China's 22.28 trillion yuan of foreign trade, up 14.03 percent year on year, according to the head of the general administration of customs.
It is learned that on the morning of November 23, the state council also issued the notice on measures to support the pilot free trade zone to deepen reform and innovation. "Notice" on free trade area construction and development needs, in build fine investment environment, enhance the level of trade facilitation, promote financial innovation service the real economy, advancing the field of human resources first try, etc., increase the intensity of authorization of the reform and open, to give policy support, small incision, 53 measures effective measures, to promote free trade area better demonstration leading role into full play.
(source: Beijing business daily)
