Chinese authorities have decided to set up 7 new free trade zones (FTZs), bringing the total number of such zones to 11 as the country looks to replicate the success of previous trials.

The new FTZs will be located in the provinces of Liaoning, Zhejiang, Henan, Hubei, Sichuan, Shaanxi as well as Chongqing Municipality.

Source : XINHUA