McKinsey & Company

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McKinsey & Company is a global management consulting firm that serves leading businesses, governments, non governmental organizations, and not-for-profits. We help our clients make lasting improvements to their performance and realize their most important goals. Over nearly a century, we’ve built a firm uniquely equipped to this task.

How Shanghai’s Free Trade Zone Works

Shanghai Party Leader Han Zheng Describes the Painstaking Steps That Preceded the FTZ’s Recent Launch

At a conference table surrounded by bookshelves in his Shanghai office, the city’s party boss Han Zheng recently polished the image of a commercial crown jewel—the China (Shanghai) Pilot Free Trade Zone—during an exclusive interview with Caixin.

Han described the planning, politicking, and far-reaching goals for the FTZ one month after the zone project officially launched September 29 in China’s biggest city.