00:00Meanwhile, new tensions arose when Israeli settlers
00:05will continue with other news in China. On Thursday, China announced the creation
00:09of the Inner Mongolia Free Trade Zone, a decision intended to promote openness
00:12and high-quality development. The Central Committee and the State Council issued
00:16a general plan which establishes this new Free Trade Zone. According to the document,
00:21the initiative aims to deepen comprehensive reform and promote high-level openness.
00:25It seeks to increase the efficiency with which technological advancements are applied
00:30and expand foreign trade across multiple sectors.
00:33Inner Mongolia will establish itself as a hub for information exchange and logistics
00:38and the zone will serve as key bridge for the country's development in the northern region.
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