Economic Watch: Shanghai FTZ opens new area

Photo taken on Aug. 20, 2019 shows an interior view of an administrative service center at the Lingang area of the China (Shanghai) Pilot Free Trade Zone in east China's Shanghai. The new Lingang area of the China (Shanghai) Pilot Free Trade Zone was officially launched Tuesday. The new section will match the standard of the most competitive free trade zones worldwide and will facilitate overseas investment and capital flows and realize the free flow of goods, according to the area's development plan. (Xinhua/Fang Zhe)