杭州将申请建立网上自贸区

The municipal government in the city of Hangzhou is in talks with the central authorities for the establishment of an online free trade zone.

The online FTZ would consist of four systems and two platforms.

The four systems will involve a data sharing system, a financial service system, a logistics system and e-commerce credit.

The two platforms would involve a single window site at an offline industrial park.

For more on the online FTZ, we are joined live by Mike Bastin, Director of The China Business Centre based in London.