New Economy Boosters.

Now due to the ROK link and its strong industrial foundation, Shandong has been chosen along with five other provincial-level regions to launch six new pilot free trade zones (FTZs), a first for border areas. For example, the Guangdong FTZ in south China and the Tianjin FTZ in the north focus on opportunities brought about by the development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Beijing-TianjinHebei integration, respectively. Despite the trade tension, China is steadily opening its markets wider and the new FTZs are a channel to explore more crossborder economic cooperation, Nie said. [Extracted from the article]