Spotlight on The Shanghai Free Trade Zone by MSLGROUP China - March, 2014, Volume 3

The Shanghai Free Trade Zone

A Matter of Time: Shanghai Free Trade Zone verges on financial reform

Roadmap to reforms (based on the Opinions published by the PBOC)

MSLGROUP Commentary

For more information please contact: Lusha Niu, Director of Public Affairs, MSLGROUP China lusha.niu@mslgroup.com Tel: +86-21-5169 9311 ext. 6308 or +86-139 1062 8855 Erik Zhang, Public Affairs, MSLGROUP China erik.zhang@mslgroup.com Tel: +86-21-5169 9311 ext. 6706 or +86-186 1656 5793 For 25 years, MSLGROUP has counselled global, regional and local clients in Asia, helping them establish, protect and expand their businesses and brands across this fast-growing region. Today, communications and engagement consultancy MSLGROUP has the largest PR, social media and events teams in Greater China (12 offices and 700+ professionals) and India (12 offices and 550+ professionals) and is actively working to lead the development of the industry with the regular publication of whitepapers/reports and innovative Learning & People Development programs to nurture talents. MSLGROUP in Asia includes 34 owned offices and over 1,500 colleagues in Beijing, Shanghai, Guangzhou, Chengdu, Hong Kong, Macau, Taipei, Tokyo, Seoul, Singapore, Mumbai, Delhi, Ahmedabad, Pune, Bangalore, Chennai, Hyderabad and Kolkata. An activation network of colleagues reaches an additional 125 Indian and 100 Chinese cities and a strong affiliate partner network adds another 23 Asian cities to our reach. MSLGROUP in Asia is widely recognized as an industry leader and was awarded PR Agency Network of the Year for two consecutive years in 2012 and 2013 by Campaign Asia, as well as Asia Pacific Consultancy of the Year 2013 by the Holmes Report. The MSLGROUP teams in Asia has also been recognized as leaders by multiple industry groups, including most recently as The Holmes Report’s China Agency of the Year (2012), PR Agency of the Year by PRCA in India (2011), Marketing Events Asia’s Event Agency of the Year, Silver Award (Luminous Experiential MSLGROUP, then Luminous Experiential, 2012), Forbes China’s Innovative China SMEs (Genedigi MSLGROUP, then Genedigi Group, 2012), Taiwan Advertiser Associate’s ‘Agency of the Year in Taiwan (2011). The teams have won more than 50 awards in the last two years.

Turn static files into dynamic content formats.

Create a flipbook

Spotlight on The Shanghai Free Trade Zone by MSLGROUP China - March, 2014, Volume 3

Published on Apr 3, 2014

MSL Global

Financial liberalization has become one of the hottest topics in recent years both on the Chinese mainland and in the rest of the world. Analysts see reform measures as a solution to amend some of the discrepancies caused by China's unbalanced economic growth. The Shanghai Free Trade Zone, which was officially created as a testing ground for policy experimentation, has been the forerunner in carrying out reform policies that, if successful, will be adopted across China. Most recently, financial liberalization reform has been the key focus in the zone with the People's Bank of China (Central Bank of China) releasing a series of reform measures aimed to test out 1: The convertibility of the Chinese Yuan (Renminbi). 2: Cross-border financial settlements. 3: Interest rate liberalization. The third bulletin commenting on the Shanghai Free Trade Zone will focus on the recent financial reform initiatives and the implications for companies.