China’s Shaanxi Province has recently released the guideline to support construction of China (Shaanxi) Pilot Free Trade Zone (FTZ).
Under the guideline, the Shaanxi FTZ will center on the new development concept and especially focus on the economic cooperation and people-to-people exchanges under the Belt and Road Initiative.
Meanwhile, the local authority also put forward specific policy opinions including reducing investment examination and approval items, strengthening in-process and post supervision, improving the overseas investment management, enhancing the function of greater Xi'an area as an integrated logistics hub, building a national air transport hub, and establishing a cultural and education alliance about the Silk Road.
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