CRI听力:Shanghai FTZ Marks Two-Year Anniversary

Tuesday marks the 2-year anniversary of the Shanghai's Free Trade Zone.

The zone is designed as a testing ground for deregulation and market-opening reforms here in China.

If successful, the FTZ format is expected to be rolled out nationwide.

By September, some 26-thousand new companies were set up in the zone, with nearly 20 percent of these being foreign-funded ventures.

The proportion of companies involving overseas capital is increasing steadily.

In April, the zone officially quadrupled in size, with officials pledging to strive for an ever-greater level of openness.

For more on the achievements and the future of the Shanghai Pilot Free Trade Zone, CRI's Spencer Musick spoke with Gao Shang, analyst with Guantong Futures.

Questions:
1.The Shanghai FTZ has become something of an appeal to foreign business and a favorite of financial startups. What is your view on its merits in the area of international assets and equity trading?

2.After quadrupling in size, authorities translated the successes of the zone into three other FTZs across the country. How do you see the future plan of rolling out this template nationwide?

3.On the topic of prospects for future reforms, what do you think the government should do to retain investor enthusiasm