Moving the border – PBOC issues its opinions on the Shanghai Free Trade Zone
13 December 2013
Further to the opening of the China (Shanghai) Free Trade Zone (the FTZ) in September 2013, on 2 December, the People’s Bank of China (PBOC) issued the much awaited Opinions on Supporting the Development of China (Shanghai) Free Trade Zone in the Financial Sector (the Opinions).
The Opinions are divided into six sections and 30 articles, creating significant new channels for investment and financing in and through the FTZ. This note focuses on the opportunities presented by these new channels for investment and financing.