Free-trade Shanghai aims to create a 'mini-Hong Kong'

Shanghai has put its best foot forward in building the mainland's first free-trade zone, an ambitious project that demonstrates the city's increasing assertiveness in its bid to become a world-class metropolis.

The plan, aimed at eventually creating a "mini-Hong Kong" in the mainland's commercial capital, underlines the new city leaders' ambitions of transforming Shanghai into the envy of Asia amid China's rising economic might.

via Business feed http://www.scmp.com/business/china-business/article/1138273/free-trade-shanghai-aims-create-mini-hong-kong