New projects likely to be located in Guangdong, Tianjin and Fujian
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China plans to launch three new pilot free trade zones to test greater opening-up and tap the economy's huge potential to hedge against mounting downward pressure next year.
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The new zones will be set up at sites in Guangdong and Fujian provinces and in Tianjin, a State Council executive meeting decided on Friday, a year after the pioneering China (Shanghai) Pilot Free Trade Zone was set up.Â
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New projects likely to be located in Guangdong, Tianjin and Fujian
