Shanghai free-trade zone to get access to foreign news websites



The Shanghai Free Trade Zone (FTZ) in the Pudong district opened for business on September 29, 2013. The aim of the FTZ is to attract foreign investment and business, increase economic activity and inflows into China, as well as to boost massive economic reform. For this, Chinese authorities are set to lift the ban on social media and major foreign news websites to provide easy accessibility to western investors.

“In order to welcome foreign companies to invest and to let foreigners live and work happily in the free-trade zone, we must think about how we can make them feel at home. If they can’t get onto Facebook or read The New York Times, they may naturally wonder how special the free-trade zone is compared with the rest of China,” said an unnamed official.