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China Announces New FTZs to Boost the Economy

By
Andrea Azzimonti
October 9, 2020

On the 21st of September, the State Council of the People’s Republic of China issued the Notice [GuoFa (2020) No. 10] on “Issuing the General Plan for the Beijing, Hunan and Anhui Pilot Free Trade Zones and the Regional Expansion Plan of the Zhejiang Pilot Free Trade Zone”, announcing the increase of the existing Pilot Free Trade Zones to include three new zones in Beijing, Anhui, and Hunan and to further expand the Zhejiang Pilot Free Trade Zone.

The recent expansion of the project will bring the total number of Pilot FTZs in China to 21; these FTZs are important pilot projects which assist the development of market reformation in the rest of China. Each of the pilot zones has been attributed specific tasks and has received special market considerations to reflect so.

The Beijing Pilot FTZ will be focused on science-tech innovation, international commerce, and high-tech industries, covering up to 119 km2, and will contribute, together with the existing Hebei Pilot FTZ and Tianjin Pilot FTZ, to promote the development of the Beijing-Tianjin-Hebei region.

The Hunan Pilot FTZ will include several areas in Changsha, Yueyang, and Chenzhou, to promote and develop the Central China region and the corridor between the Yangtze River Economic Belt and the Greater Bay area in Southern China. The Pilot FTZ aims to become an advanced manufacturing center.

The Anhui Pilot FTZ, the third new FTZ announced in 2020, would include three areas in Hefei, Wuhu, and Bengbu, focusing on the high-tech industries and promoting the further development of the Belt and Road Initiative.

The establishment of the FTZs in Hunan and Anhui is seen as a move to enable less-developed provinces to become more appealing to high-quality manufacturing, attract investment and boost efficiency, drawing investment in from their bordering provinces of Guangdong and Jiangsu.

The Notice also announces the expansion of the already existing Zhejiang Pilot Free Trade Zone by adding 119 km2 covering three areas in Ningbo, Hangzhou, and Jinyi and aiming to develop an international trading hub for commodities and agricultural products and to become a vital innovation center.

JAS covers the major provinces and cities in China, our team is always here to help our customers in identifying potential business opportunities and help them to face any challenges in supply chain with the best-fit solutions.

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In honor of World Water Day, JAS Worldwide (JAS) and the Bruni Foundation today announced their partnership with charity: water to provide clean and safe water to those in need.


The theme of World Water Day 2023 is "Water for Life and Livelihoods," which helps highlight the importance of water for life, economic development, and the environment. The United Nations (UN) reports that 771 million people worldwide live without access to clean water, which is essential for the health and well-being of individuals and communities.


JAS, the Bruni Foundation, and charity: water are committed to making a difference in the lives of those affected by the global water crisis. The first phase of the partnership will deploy a $100,200 gift from the Bruni Foundation, which will fully fund two clean and safe water projects in India and Mozambique.

In Mozambique, this partnership will fund new community wells and handpumps across provinces in the Northeast of Mozambique and provide access to clean and safe water for more than 800 people. In India, the funds will support rainwater harvesting in the Thar Desert of Rajasthan, Western India, helping to provide clean and safe water access to over 250 people.

These initiatives will make a tangible impact in the lives of those in the local communities where the projects are being funded and are just the first step in the commitment to the cause.

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What advice would you give your younger self?

“I would tell my younger self to be fearless and to worry less about what people think of you. Be confident in your capabilities and open to learning new things every day. Believe in your power.”

How have female mentors/role models influenced your career?

“Sheryl Sandberg former Chief Operating Officer of Facebook, wrote a great book called “Lean In.” It is a very inspiring piece of work that every female leader needs to read.”

What achievement are you most proud of while working at JAS?

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What advice would you give your younger self?

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How do you #Embrace Equality? 

It is a good question because, at JAS, people make the difference, regardless of gender, skin colour, or origin. I have not even thought about embracing equality, because it is already what I naturally do every day.  

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