Pilot FTZ to build open economy

Editor's Note: As preparations for the China (Shanghai) Pilot Free Trade Zone are entering the final stage ahead of its unveiling ceremony on Sunday, China Daily invited a number of business leaders and experts to share their thoughts on how this ground-breaking project will shape their future plans that target the Chinese market. Their comments should serve as a useful reference point for those attempting to grasp the magnitude of the project and its far-reaching significance for the future development of the Chinese economy.

The zone should include all major industries to create competition

The decision to establish a pilot free trade zone in Shanghai stems from a number of internal and external problems that China now faces.