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"At a time when many countries' opening-up pace is disrupted, China is instead ramping up its opening-up policies, as the country believes that it must evolve from 'big to strong' via the globalization process," Cong Yi, a professor at the Tianjin University of Finance and Economics, told the Global Times on Tuesday.
According to Cong's observations, China's opening-up pattern is shifting from an old model of focusing on attracting overseas capital to a new pattern where the government encourages both "coming in" and "going out." To achieve this, local governments are mulling policies to bring the economy in line with international standards.
Operators typically charge a specific fee for both overseas and international roaming, which is billed on top of the usual calling or texting rate.
Work is currently being done at the European level to put an end to these roaming charges across the whole of Europe, as with Metropolitan and overseas France.
Policy to practice Apart from FTZs, Chinese local governments are updating Economic and Technological Development Zones to put opening-up policies into practice.
Moreover, roaming charges are scheduled to disappear in Europe in 2017, provided two conditions are met: This content extract was originally sourced from an external website (ARCEP - Press Releases) and is the copyright of the external website owner.First it must be emphasised that, if roaming is due to become a commodity for customers in Europe, the transition will still have an impact on operators' business model: telcos need to lease another operator's network to be able to route the calls of customers travelling outside the reach of their network, i.e. Before retail market roaming charges can be phased out, reforms must be brought to the wholesale roaming markets in which telcos purchase their roaming solutions.Second, ARCEP's analysis reveals the need to introduce fair use limits for customers, beyond which operators will be allowed to charge them for roaming.Song Ding, a research fellow at the Shenzhen-based China Development Institute, said that the Shenzhen FTZ had been set up with the intention of absorbing talented financial professionals with management experience from neighboring Hong Kong, but the effects had not been very obvious at the beginning."Now the local government is further relaxing financial policies for the trade zone to attract Hong Kong-based financial companies," Song told the Global Times.