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Beijing and Shanghai FTZ: What They Signal About National Priorities

Key Takeaways

  • Beijing and Shanghai are considering measures to further liberalize the service sector.
  • While their plans aim to allow market access in healthcare, telecommunications, and finance, further market openings in cloud services and data centers are not on the horizon, even in pilot form.
  • Experiences from FTZ pilots are crucial to informing and assessing whether and how reforms should be expanded nationwide.

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