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A Closer Look at China’s Free Trade Zones When the Shanghai Free Trade Zone (FTZ) was first introduced in 2013, it was presented as a testing ground for new reforms. Where proven successful, these would be expanded across the entire country. In this way, we have seen the easing of restrictions on foreign currency exchange and foreign participation in China’s e-commerce sector – both originally FTZ pilot schemes – implemented nationwide.Other key aspects include the negative list, which states exhaustively in which sectors foreign investment is restricted; and the faster company registration pr