Financial Wire

China Launches 23rd Free Trade Zone in Inner Mongolia

China established the China (Inner Mongolia) Pilot Free Trade Zone (FTZ), expanding its pilot FTZ network to 23, according to the State Council.The new zone is a strategic push to deepen reform, accelerate high-standard opening up and fuel high-quality development.Under the plan, Inner Mongolia will become a major hub for logistics, resource allocation, tech innovation and cross-border trade.

-- China established the China (Inner Mongolia) Pilot Free Trade Zone (FTZ), expanding its pilot FTZ network to 23, according to the State Council.

The new zone is a strategic push to deepen reform, accelerate high-standard opening up and fuel high-quality development.

Under the plan, Inner Mongolia will become a major hub for logistics, resource allocation, tech innovation and cross-border trade.