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The Shanghai Free Trade Zone and Australia

By Export Council of Australia · March 03, 2015

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As we usher in the Year of the Goat, the Export Council of Australia (ECA) is proudly launching a survey to the Australian business community on one of the most ambitious liberalisation initiatives China has undertaken in decades, the China (Shanghai) Pilot Free-Trade Zone (Shanghai FTZ).

The survey complements the ECA’s wider project, “The China (Shanghai) Free-Trade Zone and Australia”, supported by Asialink Business, Austrade and the Department of Foreign Affairs and Trade’s Australia-China Council. The project examines what the Shanghai FTZ is, what it means and how it can benefit Australia firms in China.

The Shanghai FTZ is one of the most ambitious reform experiments ever undertaken in China and is a symbolic recognition of the need for change.

Some have heralded it as the “third wave” of economic reform in the country. Others have been more sceptical.

Either way, China is quickly entering a new phase of development, one that requires liberalisation in a number of areas as well as a new foundation for economic growth. The Shanghai FTZ is an integral part of this process as a test-bed for bold reform.

We invite any company with business in or with China to participate in this survey and have their say on the Shanghai FTZ, whether or not you actually operate in the zone, at: https://www.research.net/r/ecashanghaiftz

Your opinions and perspectives matter and will be a valuable contribution to our project.

The zone is still a work-in-progress but already offers real benefits to Australian firms operating in China. Our wider project will provide a guide for firms aiming to capitalise on this opportunity.

Look out for our report available in hard and digital copies from July 2015, as well as an accompanying mobile app.

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