China (Inner Mongolia) Pilot Free Trade Zone launched

Beijing recently launched the China (Inner Mongolia) Pilot Free Trade Zone (FTZ) leverage the region’s role as a key bridgehead for the country’s opening up to the north.
The country’s 23rd pilot FTZ is expected to be turned into a high-level FTZ within three to five years.
The key ports of Manzhouli, Erenhot and Ganqimaodu will be upgraded to provide solid support for the construction of the pilot FTZ.