China to build special pilot zone in Shenzhen’s Qianhai area near Hong Kong

Zhang Xiaoqiang, deputy minister in charge of the National Development and Reform Commission, speaks during a news conference about building a pilot zone in Shenzhen's Qianhai area in Hong Kong, south China, June 29, 2012.

China’s State Council has agreed to build a pilot zone in Shenzhen’s Qianhai area near Hong Kong, with a series of special incentive policies, Zhang Xiaoqiang, deputy minister in charge of the National Development and Reform Commission, said here Friday.