The China (Chongqing) Pilot Free Trade Zone (Chongqing FTZ or CFTZ) is a regional free trade zone set up by the Chinese government. It covers an area of 119.98 km², containing three parts -- Liangjiang New Area, Xiyong Area, and Guoyuangang Area. Chongqing FTZ was officially established on April 1, 2017.

 

 

Strategic Orientation of Chongqing FTZ

Chongqing is making significant efforts to build Chongqing FTZ as the geographical hub of the Belt and Road Initiative and Yangtze River Economic Belt, as well as the essential pivot of Western China Development Strategy.

Development Target

After three to five years of reform and exploration, Chongqing strives to build a high-level and high-standard free trade zone with convenient investment and trade, high-end industrial gathering, efficient and timely supervision, complete financial services, standard law environment, outstanding effect of radiation, building an international logistics hubs and port highlands to serve the Belt and Road Initiative and the Yangtze River Economic Belt, promoting the construction of a new pattern of all-round opening in the western region, and driving the implementation of Western Development strategy.

Major Tasks

• Building a legalized, international and convenient investment environment

• Expanding the open-up investment areas

• Promote trade transformation and upgrading

• Deepen the open-up and innovation in the financial sector

• Promote the joint development of the Belt and Road Initiative and the Yangtze River Economic Belt

• Promote the coordinated development of the Yangtze River Economic Belt and Chengdu-Chongqing City Cluster/

 

Updated on :Tuesday / May 7th /2024