China (Shanghai) Pilot Free Trade Zone and Opportunities for the business from Central and Eastern Europe: Polish Perspective

The establishment of the China (Shanghai) Pilot Free Trade Zone in September 2013 has been widely perceived as a focal point of the new Chinese leadership’s market-oriented economic reforms. Its aim is to test new instruments for further opening the Chinese economy to the world, thus to support its pivot from an export-based to a more innovative, consumption-based economic model. The zone could create attractive business opportunities for Central and Eastern European countries. Polish companies, especially those offering agricultural and luxury goods, and the Polish government should attentively monitor the development of the zone for such opportunities and publicize when conditions change for doing business in China.