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China will simplify the approval procedures for foreign companies' business plans in China's three new FTZs, the nation said on Dec 28, 2014.
Foreign firms only need to report the plans such as setting up ventures, shutting down and merging ventures or changing their business purpose to the authorities.
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China's Tianjin Free Trade Zone was approved by the government, Dec 26, 2014. [Photo/IC] |
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