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Graphics: China Daily The name plate of the China (Shanghai) Pilot Free Trade Zone on a gate of the Waigaoqiao free trade zone in Shanghai. ZHAO YUN FOR CHINA DAILY Shanghai Free Trade Zone's Direct Sales Center of Imported Commodities has recently opened a shop at one of the city's subway stations. The shop has attracted customers because some of the goods there are unique and prices are about 50 percent cheaper than those in ordinary shops. [PhotoXinhua]

Move designed to integrate Guangdong with China's two SARs


China is considering a stock trading link program to allow Hong Kong and Shenzhen investors to buy and sell shares on each city's bourse.


The move is part of efforts to integrate Guangdong province, the mainland's reform front-runner, with the country's two special administrative regions.


Experts said the proposal, a key step in building the Guangdong Free Trade Zone, will further promote China's financial openness Cheap Corey Crawford Jersey , following the launch of the Shanghai-Hong Kong Stock Connect in November.


Premier Li Keqiang made the announcement on Monday during a visit to Nansha New Area, one of the three areas in the Guangdong FTZ.


"One reason the central government approved the Guangdong FTZ is the geographic proximity to Hong Kong and Macao," he said.


"So the first step in building the FTZ is to deepen integration with the two special administrative regions, where the two sides can well complement each other, especially in the trade of services."


Zhu Xiaodan Cheap Jonathan Toews Jersey , the Guangdong governor, proposed issuing a list of areas off limits to foreign investors, as the Shanghai FTZ currently does. He will also issue a shorter list with fewer restrictions on Hong Kong and Macao investors.


The proposed Guangdong Free Trade Zone is modeled on Shanghai's pilot FTZ.


It is expected to be more open and closely connected with Hong Kong and Macao, especially through the Closer Economic Partnership Arrangement, a pact aimed at building closer economic ties between the three areas.


The Guangdong zone Cheap Duncan Keith Jersey , covering 116.2 square kilometers, includes Qianhai and Shekou Industrial Zone in Shenzhen, Hengqin in Zhuhai and Nansha in Guangzhou.


Li said reforms and opening-up do not equate to high-rises and metropolises, but rather to the talent and services inside the buildings.


Zhu said the Guangdong FTZ will mark the boundaries between regulatory power and the market, clarify the government's responsibilities and its legitimate supervisory area.


"As the starting point of China's ancient Silk Road Cheap Patrick Kane Jersey , Guangdong aims to become an important transportation hub for the country's proposal to build a maritime silk road linking Southeast Asian countries with the northern part of China," he said.


Tang Shiqi, a professor at Beijing Normal University in Zhuhai, suggested the three areas of the Guangdong FTZ should maintain a different focus during its development.


Qianhai Cooperation Zone should continue to focus on the development of the high-end services industry, while Hengqin should mainly cover tourism Authentic Corey Crawford Jersey , commercial services and high-tech industries. Nansha, the largest area in the zone, should upgrade its port facilities and promote manufacturing industries, he said.


Pan Zhihong, deputy head of the China Society of Economic Reform Journal Agency Authentic Jonathan Toews Jersey , said Li's visit pushed governments to implement the reform policies hammered out by the central government last year, as 2015 will be key to the. Cheap Broncos Jerseys Cheap Bills Jerseys Cheap Bengals Jerseys Cheap Chicago Bears Jerseys Cheap Minnesota Vikings Jerseys Cheap Tennessee Titans Jerseys Cheap Pittsburgh Steelers Jerseys Cheap Seattle Seahawks Jerseys Wholesale Redskin Jerseys Wholesale Los Angeles Rams Jerseys

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