Pricewaterhouse Coopers (PwC) issued the evaluation report of investment freedom and convenience at the 4th China International Import Expo on Nov 7. China (Guangxi) Pilot Free Trade Zone (FTZ) ranked 12th, first among border FTZs.

The report ranks 21 FTZs in terms of four second-level indicators, 22 third-level indicators, and 63 fourth-level indicators related to the facilitation of access and operation, strengthening of investment promotion, sound investment protection, and overseas investment.

Guangxi FTZ has done a good job in improving investment protection. It has a one-stop service platform for foreign-related commercial litigation, arbitration and mediation. As of April 2021, the mediation center has accepted 40 cases of commercial dispute mediation.

The report puts forward suggestions on how to improve, especially through feasible measures to promote investment freedom and convenience based on international economic and trade rules such as CPTPP and RCEP. Guangxi FTZ will follow the report to promote institutional innovation.

China (Guangxi) Pilot Free Trade Zone. [Photo/WeChat account: gh_df8bc987e060]