December 28, 2014

"The Chinese government has been authorized to ease investment rules in three new free trade zones (FTZs) after top legislature gave the go ahead during a bi-monthly meeting on Sunday.

The new zones will be located in south China's Guangdong Province, southeast China's Fujian Province and north China's Tianjin Municipality. The only FTZ currently operating is in Shanghai.

The resolution on temporary adjustment of regulations for administrative approvals in the new FTZs was passed through a vote at the bi-monthly session of the National People's Congress (NPC) Standing Committee."

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http://news.xinhuanet.com/english/china/2014-12/28/c_133883532.htm