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Shanghai FTZ expands by adding Lingang area

chinadaily.com.cn Updated: 2019-08-20

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An aerial view of factory buildings in the Lingang area is seen in Shanghai on June 8, 2019. [Photo/IC]

The Lingang expansion of the Shanghai free trade zone (FTZ) was officially unveiled on Tuesday.

As a major strategic decision made by the Communist Party of China Central Committee to further opening up, the addition of the Lingang area demonstrates China's clear stand to adhere to all-round opening up in the new era and an important measure taken to actively lead the healthy development of economic globalization, officials said.

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