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China gives Shenzhen more autonomy for market reform, integration | Malay Mail

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SHANGHAI, Oct 18 — China today detailed steps to grant more autonomy to Shenzhen, letting the southern financial and technology hub pilot reforms in market development and economic integration. The changes announced by the National Development and Reform Commission include more flexibility to...

Pedestrians wearing face masks ride an escalator near an overpass with an electronic board showing the Shanghai and Shenzhen stock indexes at Lujiazui financial district in Shanghai March 13, 2020. — Reuters pic

The changes announced by the National Development and Reform Commission include more flexibility to pursue reforms in areas such as land use and cross-border arbitration. The commission lists steps to further integrate the Greater Bay Area: Shenzhen and eight other cities in Guangdong province, as well as the adjacent territories of Hong Kong and Macau.

 

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