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DP World, a Dubai-based logistics company, plans to invest over Rs 600 crore to expand its free trade zones (FTZ) in India. The company is looking to collaborate with major electronics and tech companies to export and import from its facilities as these companies seek to enhance their manufacturing presence in India. DP World already operates free trade zones in Chennai and Mumbai, and plans to invest in three new zones in Mumbai, Chennai, and Kochi. The FTZs offer a global trading platform that handles imports, exports, and re-exports. ....
NANNING: The 20th China-Asean Expo (Caexpo) has shone the spotlight on south China s Guangxi Zhuang Autonomous Region, a border region with strong ties with Southeast Asia. ....
With China’s experience in economic development and the support from local residents, Pakistan’s Gwadar region will become a prosperous city under the Belt and Road Initiative (BRI) and a window on Chinese way of modernization. It will be remembered as one of the flagship projects of the China-Pakistan Economic Corridor (CPEC), the builder of the Port of Gwadar told the Global Times. ....
As 2023 marks the 10th anniversary for China launching the pilot free trade zones (FTZs), the current 21 established ones have played an indispensable role in exploring new paths for the nation s comprehensively deepening reform and promoting the high-quality opening-up. ....