Tianjin Pilot FTZ Makes Multiple Breakthroughs in China

Recently, Tianjin Pilot Free Trade Zone launched 11 financial innovation cases, among which 7 cases including China’s first cross-border RMB factoring business and industry application of commercial factoring association standards are breakthroughs in China. So far, Tianjin Pilot FTZ has launched 100 financial innovation case successively since it was inaugurated 6 years ago, and many cases have been rolled out around the country.