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An Analysis on Comparative Advantages of Establishing the Free Trade Port in Shanghai

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DOI: 10.25236/sser.2019.042

Author(s)

Dehui Shu

Corresponding Author

Dehui Shu

Abstract

On September 2019, China (Shanghai) Free Trade Pilot Zone has been celebrated its 7th anniversary. As we all known, there are a great many remarkable achievements in Shanghai free trade area. Based on the replicable and scalable experience of Shanghai free trade zone, exploring the further development of international trade liberalization and Chinese Economic Reform and open up, and accelerating the process of constructing Shanghai Free Trade Port. The thesis just focuses on the comparative advantage of Shanghai in building a Free Trade Port with its own feature. Based on the replicable and popularized experience of Shanghai free trade area, this paper discusses how to promote the further development of international trade liberalization, how to further reform and opening up, and how to build Shanghai Free Trade Port. Evaluate the effectiveness and challenges of the development of Shanghai pilot free trade zone. Under the paradigm of political economy of socialism with Chinese characteristics, the strategic planning and future path of innovative development of Shanghai Free Trade Port are proposed.

Keywords

Free Trade Port; Comparative advantage; Location advantage; Shanghai's superiority