China launches Inner Mongolia pilot Free Trade Zone

On Thursday, China unveiled the plan for the Inner Mongolia Pilot FTZ, its 23rd nationwide.

The pilot Free Trade Zone (FTZ) spans 119.74 square kilometers and is divided into three subzones. Each subzone has differentiated functions tailored to local strengths, forming a complementary network rather than a uniform template.

The newly established FTZ will serve as the border hub with driving international trade, logistics, cross-border tourism and medical services along the China-Mongolia-Russia Economic Corridor. The border hub of Erenhot is positioned to leverage its links with Russia, Mongolia and wider Eurasia in advancing high-level opening-up through policy support, industrial upgrading and improved connectivity.