The Nansha International Cruise Terminal [File Photo]
Guangdong Free Trade Zone (FTZ) has been called as "the NO. 1 project for the province's reform" even before its official inauguration in 2015. Since Guangdong is one of the largest economies with international influence in China, what role will its No. 1 project act to further its economic development?
Last December at Guangdong Provincial Economic Work Conference, Hu Chunhua, Party Chief of CPC Guangdong Committee, indicated that the zone should be developed into a hub for high-level opening up.
According to the conference, Guangdong FTZ would be constructed as an international shipping center, an international trade center, an international financial center and a lead in high-level international urban development.
Cao Dahua, Director General of the General Affairs Office of Guangdong FTZ, has recently illustrated that the zone would speed up its industrial planning to gather world-class global companies and bridge international and domestic market to fulfill the target Hu has indicated.