Shanghai FTZ ready to spread its model nationwide

The China (Shanghai) Pilot Free Trade Zone will name the first institutions that can replicate its model nationwide in the fourth quarter, a senior official of the zone said on Monday.

The aim is to boost interest and push reforms. It's a top priority for the zone that opened in September, Jian Danian, deputy director of the China (Shanghai) Pilot Free Trade Zone Administration, said.

"It is the very first task for the zone to roll out a string of new institutions and policies that can be applied in other parts of the nation," Jian told reporters on the sidelines of the Shanghai Forum at Fudan University.