(Yicai Global) April 12 -- China will forge on by expanding the tested successful practices of free trade zones nationwide, and even beyond the borders of FTZs, to enhance business prowess, according to a spokesperson of the commerce ministry.

"The ministry has sorted out a new batch of experiences from pilot FTZs, which will be released to the public at a proper time," Gao Feng said at a press conference.

Since the first pilot FTZ was established in Shanghai in 2013, China has set up 12 pilot FTZs nationwide, resulting in a total of 153 successful practices that have been replicated in other parts of the country.

Such practices have played a positive role in lightening the corporate burden, stimulating the vitality of market entities, optimizing the business environment and sharing the benefits from the reform and opening-up, Gao said.

The ministry is also working with Shanghai on the planning for a new area of the Shanghai FTZ, he added.

Editor: Emmi Laine