China launches seven FTZs to boost Bet and Road Initiative

China launches seven FTZs to boost Bet and Road Initiative: HumSub.TV

China launches seven FTZs to boost Bet and Road Initiative: HumSub.TV: China on Saturday launched seven more Free Trade Zones (FTZs) including several in inland areas for the first time, a move which is expected to accelerate the country’s opening-up and boost the Belt and Road Initiative, the Ministry of Commerce announced.

The inland FTZs will be opened in Henan, Sichuan, Shaanxi and Hubei provinces, as well as in Chongqing. The two new coastal FTZs will be in Liaoning and Zhejiang provinces. The seven bring the country’s total number of FTZs to 11.

Vice-Commerce Minister Wang Shouwen said, the new FTZs are established based on the operation mode and experiences gained from Shanghai and other existing coastal FTZs, with well-developed, state-level new bonded zones and high-tech parks. Each covers less than 120 square kilometers and consists of three subareas.

The central government approved the latest group of FTZs in August. TheState Council has issued the general developing plans for them.

Among them, Shaanxi will focus on trade connections with economies related to the Belt and Road Initiative, while Henan will build itself into a major international logistics and transportation center.

Hubei will build a base for high-tech industries and facilitate the development of the Yangtze River Economic Belt.

“These plans will help deepen reforms to streamline administration, delegate power, strengthen regulations and improve services, as well as expand opening-up in inland provinces,” said Wang Ning, vice-governor of Sichuan.

The move came nearly four years after the launch of China’s first FTZ in Shanghai to pilot reforms aimed at opening wider to foreign investment and easing restrictions on capital flows. China also set up FTZs in Tianjin, Fujian and Guangdong in 2015.

Hubei Vice-Governor Tong Daochi said the new FTZs will help facilitate investment and further liberalize trade in commodities.

Bai Ming, a researcher at the Chinese Academy of International Trade and Economic Cooperation, said, “Western provinces and autonomous regions such as Yunnan, Guangxi and Xinjiang are also likely to be selected to build FTZs.”

China launches seven FTZs to boost Bet and Road Initiative: HumSub.TV

China launches seven FTZs to boost Bet and Road Initiative: HumSub.TV

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Introduction
HumSub TV is Pakistan’s leading forwarding-thinking, edutainment channel, aimed at promoting and upholding peace, interfaith harmony and social responsibility within Pakistan through informative and insightful programmes and documentaries; analytical interviews on issues pertaining to social, economic, legal and environmental set-up; dedicated shows to canvass and thereby promote the culture and heritage of Pakistan and in-depth coverage of national and international news.

HumSub TV is the first channel and thus a pioneer within its own right that mainly focuses on emphasising the “Rights” as well as the “Obligations” of the citizens in light of the Constitution of Pakistan, numerous International declarations signed by the Government and various laws that have been promulgated over the years but are not in the knowledge of the common citizen.
HumSub TV also aims to enter into bilateral agreements with other countries to promote not only their culture, heritage and tourism, but also their educational and medical facilities.
Following the successful launch of HumSub TV’s head office in Blue Area, Islamabad; the bureau office has been set up in Lahore.

Vision
To project positive image building of Pakistan and inculcate nationalism, as per the vision of the founder of the nation, Quaid-e-Azam Mohammad Ali Jinnah.

Mission
HumSub TV is resolute about the promotion of a pluralistic, inclusive and egalitarian society in Pakistan where all citizens are allowed to contribute to promote interfaith harmony, peace and collective wisdom in the social, political and economic development of Pakistan and to encourage critical and lateral thinking in the society. HumSub TV strives to make a positive contribution to this end.

HumSub TV’s Theme
HumSub TV, Pakistan’s first EDUTAINMENT Channel, has been set up for not only those audience residing in Pakistan or overseas but the international community on the whole. The vision of the channel is to project positive image building of Pakistan and inculcate nationalism as per the vision of the founder of the nation.

HumSub TV strives to make a positive contribution to this end by promoting pluralism, inclusiveness and egality in Pakistan and give voice to the suppressed. It endeavors to act as a positive catalyst for social change and Pakistani nationalism. It envisions providing a platform for airing critical and lateral thinking and collective wisdom by inviting positive minded intellectuals and opinion forming individuals for the promotion of interfaith harmony and peace in the social, political and economic development of Pakistan.

Whereas the channel airs upbeat edutainment programmes, it, nonetheless, has the primary objective of countering negative anti-Pakistan regional and international propaganda as well as advancing fundamental rights as encapsulated in the Constitution of Pakistan.

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