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The China (Shanghai) Pilot Free Trade Zone: Background, Developments and Preliminary Assessment of Initial Impacts

Citations

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  1. Huang, Yongming & Li, Xin & Liu, Changwei, 2025. "The Supply chain spillovers of Pilot Free Trade Zones on GVC upgrading of Chinese firms," Structural Change and Economic Dynamics, Elsevier, vol. 75(C), pages 439-450.
  2. Haikuo Zhang & Chaobo Zhou, 2023. "Construction of the Pilot Free Trade Zone and Chinese Green Total Factor Energy Efficiency," Sustainability, MDPI, vol. 15(12), pages 1-13, June.
  3. Wenqi Jing & Yi Zheng & Xiuqing Shen, 2024. "Does the establishment of Pilot Free Trade Zones promote international expansion of enterprises? Quasi-natural experimental evidence from China," PLOS ONE, Public Library of Science, vol. 19(8), pages 1-22, August.
  4. Jun Chen & Bingyu Yang & Maoguo Wu, 2024. "The Impact of Free-Trade Zones on Total Factor Productivity: Evidence from China," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(4), pages 17649-17675, December.
  5. Haoqiang Li & Jihong Chen & Zheng Wan & Huaxin Zhang & Maoxin Wang & Yun Bai, 2020. "Spatial evaluation of knowledge spillover benefits in China’s free trade zone provinces and cities," Growth and Change, Wiley Blackwell, vol. 51(3), pages 1158-1181, September.
  6. Lian-Sheng Tang & Xiang Tan & Peng Guo & Ting-Ting Huang & Tie-Li Liu, 2022. "Comparative Analysis of Locational Factors and Their External Influence on Free-Trade Port Zones in China," Sustainability, MDPI, vol. 14(4), pages 1-19, February.
  7. Guo, Juanjuan & Wang, Shihao & Liu, Chang, 2025. "The real effect of pilot free trade zones: Evidence from shadow banking activities," Economic Analysis and Policy, Elsevier, vol. 88(C), pages 756-774.
  8. Siwen Xia & Jiaying Han & Anglu Li & Penghao Ye & Huarong Zhang, 2024. "Impact of Free Trade (Pilot) Zone Establishment on Urban Land Use Efficiency—Empirical Evidence from Cities in China," Land, MDPI, vol. 13(7), pages 1-25, July.
  9. Yongwei Ye & Feng Yun & Lei Zhang, 2024. "Public enforcement and corporate maturity mismatch," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 45(6), pages 3818-3833, September.
  10. Sina Hardaker, 2020. "Embedded Enclaves? Initial Implications of Development of Special Economic Zones in Myanmar," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 32(2), pages 404-430, April.
  11. Cheng, Shiyu & Song, Yaxiang & Tu, Yao, 2025. "Place-based policies, creation and reallocation effects on city exports: Insights from China's cross-border E-commerce comprehensive pilot zones," China Economic Review, Elsevier, vol. 93(C).
  12. Jiang, Yufan & Wang, Hongyan & Liu, Zuankuo, 2021. "The impact of the free trade zone on green total factor productivity ——evidence from the shanghai pilot free trade zone," Energy Policy, Elsevier, vol. 148(PB).
  13. Yizhe Hao & Weijiang Liu & Min Liu, 2025. "The Effect of Internet Infrastructure’s Impact on Foreign Investment Inequality: Based on Digital Divide Perspective," SAGE Open, , vol. 15(2), pages 21582440251, April.
  14. Penghao Ye & Huarong Zhang & Siyi Ma & Fang Yang & Yanan Li, 2022. "A Knowledge Map Study of an Application of a Smart Land Planning Free-Trade Zone and China’s Contribution," Land, MDPI, vol. 11(6), pages 1-21, June.
  15. Du, Minzhe & Huang, Chukun & Liao, Liping, 2025. "Trade liberalization and energy efficiency: Quasi-natural experiment evidence from the pilot free trade zones in China," Economic Analysis and Policy, Elsevier, vol. 85(C), pages 1739-1751.
  16. Yan, Xiaolei & He, Taiyi & Qian, Pengcheng & Liu, Zhongwen, 2024. "Does the construction of Pilot Free Trade Zones promote the development of green economy? - A quasi-natural experiment evidence from China," Economic Analysis and Policy, Elsevier, vol. 81(C), pages 208-224.
  17. Li, Zhaohua & Pang, Suqin & Zhu, Zhiyun, 2024. "The impact of pilot free trade zones on entrepreneurship: Evidence from a quasi-natural experiment in China," Socio-Economic Planning Sciences, Elsevier, vol. 92(C).
  18. Liu, Zhui & Yuan, Kuiran & Wei, Huiru, 2026. "Can pilot free trade zones promote the agglomeration of talent in cities: Evidence from China," Journal of Asian Economics, Elsevier, vol. 102(C).
  19. Chunxue Liu & Gaizhen Feng, 2024. "Can Pilot Free Trade Zones Promote Sustainable Growth in Urban Innovation?," Sustainability, MDPI, vol. 16(13), pages 1-17, June.
  20. Bei Wang & Hong Chen & Ruiqi Chen & Weiting Zeng & Lechuan Ye, 2023. "Does the Green Development of Cities Need High-Level Opening Up? A Quasi-Natural Experiment Based on China’s Pilot Free Trade Zone," Sustainability, MDPI, vol. 15(7), pages 1-20, March.
  21. Feng, Wei & Sun, Shujun & Yuan, Hang, 2023. "Research on the efficiency of factor allocation in the pilot free trade zones," Economic Analysis and Policy, Elsevier, vol. 79(C), pages 727-745.
  22. Qi Zhang & Bin Zhao, 2026. "Free market initiatives: Benefits and distortions from political power," Economic Inquiry, Western Economic Association International, vol. 64(3), pages 931-954, July.
  23. Fengming Qin & Junru Zhang & Zhaoyong Zhang, 2018. "RMB Exchange Rates and Volatility Spillover across Financial Markets in China and Japan," Risks, MDPI, vol. 6(4), pages 1-26, October.
  24. Zou, Tao & Li, Shasha & Dai, Yixin, 2025. "Does the pilot free trade zone promote “quality improvement and quantity increase” of the city’s export trade?," Economic Analysis and Policy, Elsevier, vol. 87(C), pages 1323-1341.
  25. Mahdi Yousefi & Luo Fan, 2026. "Adapting Dubai’s free zone success to Hainan’s free trade frontier: a cross-case comparison," Place Branding and Public Diplomacy, Palgrave Macmillan, vol. 22(1), pages 64-77, March.
  26. Sun, Yuying & Bao, Qin & Zheng, Jiali & Wang, Shouyang, 2020. "Assessing the price dynamics of onshore and offshore RMB markets: An ITS model approach," China Economic Review, Elsevier, vol. 62(C).
  27. Te Bao & Yun Dai & Yanxiang Feng & Shuai Liu & Ruixin Wang, 2023. "Trade liberalisation and trade and capital flows: Evidence from China pilot free trade zones," The World Economy, Wiley Blackwell, vol. 46(5), pages 1408-1422, May.
  28. Yu Wang & Qingfeng Kong, 2024. "The Impact of Free Trade Zones on Corporate Sustainability Performance: An Empirical Examination from the Dual Perspectives of Financial and Environmental Performance," Sustainability, MDPI, vol. 16(21), pages 1-21, October.
  29. Dong, Qichen & Zhao, Xueqing, 2025. "Free trade zones and firm labor investment efficiency: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 108(PB).
  30. Ruiyang Hu & Chen Yin & Zhijie Zheng & Sili Zhou, 2024. "Unlocking Innovation: The Impact of Free Trade Zones on Corporate Innovation in China," Working Papers 202414, University of Macau, Faculty of Business Administration.
  31. Jie Li & Rebecca Lai Har Chiu, 2020. "State rescaling and large-scale urban development projects in China: The case of Lingang New Town, Shanghai," Urban Studies, Urban Studies Journal Limited, vol. 57(12), pages 2564-2581, September.
  32. Sissani Midoun & Bengana Ismail, 2018. "Digital and Free Trade Zones Impact on Malaysia's Economy and Its Prospects (2000 2018)," International Journal of Economics and Financial Issues, International Journal of Economics and Financial Issues, vol. 8(4), pages 39-44.
  33. Lihui Wang & Zhihong Liu & Huailong Shi, 2022. "The Impact of the Pilot Free Trade Zone on Regional Financial Development," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 30(5), pages 154-184, September.
  34. Zhanheng Ji & Qianting Zhu, 2024. "Free Trade and Haze Control: The Impact of Pilot Free Trade Zone Policy on Haze Pollution," Sustainability, MDPI, vol. 16(23), pages 1-16, November.
  35. Ge, Qian-Qian & Liu, Xi-Hua & Zhang, Yu-Chen & Liu, Shi-Qi, 2023. "Has China’s Free Trade Zone policy promoted the upgrading of service industry structure?," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 1171-1186.
  36. Liu Xinhong & Basah Norliza Hamir, 2025. "Does the Establishment of Shanghai Pilot Free Trade Zone Promote Yangtze River Delta’s Economic Development?," China Finance and Economic Review, De Gruyter, vol. 14(1), pages 92-112.
  37. Guan, Chenghua & Huang, Jinyuan & Jiang, Ruyue & Xu, Wanting, 2023. "The impact of pilot free trade zone on service industry structure upgrading," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 472-491.
  38. Li, Sujuan & Liu, Jiaguo & Kong, Yudan, 2021. "Pilot free trade zones and Chinese port-listed companies performance: An empirical research based on quasi-natural experiment," Transport Policy, Elsevier, vol. 111(C), pages 125-137.
  39. Qingshan Ma & Yuanmeng Zhang & Kexin Yang & Lingyun He, 2021. "Have China’s Pilot Free Trade Zones Improved Green Total Factor Productivity?," IJERPH, MDPI, vol. 18(21), pages 1-20, November.
  40. Liuliu Lai & Yanjun Chang, 2023. "Do China’s pilot free trade zones promote green dual-circulation development? Based on the DID model," PLOS ONE, Public Library of Science, vol. 18(3), pages 1-22, March.
  41. Yanjun Chang & Liuliu Lai, 2023. "Effects and Mechanisms of China’s Pilot Free Trade Zones on Green and High-Quality Development from the Dual-Circulation Perspective," Sustainability, MDPI, vol. 15(2), pages 1-17, January.
  42. Xu, Shiteng & Shen, Ronghua & Zhang, Yahua & Cai, Yifei, 2024. "Fostering regional innovation efficiency through pilot free trade zones: Evidence from China," Economic Analysis and Policy, Elsevier, vol. 81(C), pages 356-367.
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