CLEAN : Shanghai FTZ means 'critical' years ahead

What is the main advantage of Beijing compared to Hong Kong and Shanghai?

• Market advantage

• Administrative resources

• Free trade zone

• Efficient governance

What is the purpose of establishing a free trade zone in Shanghai?

• To improve market advantage

• To restart Shanghai's growth engine

• To compete with Beijing

• To enhance administrative resources

How long might it take for Shanghai to become a competitor to Hong Kong?

• Five years or a decade

• Two decades

• One year

• Six months

What is one of Hong Kong's key advantages over Shanghai?

• First mover advantage

• Better climate

• Larger economy

• More administrative resources

What does the speaker suggest about China's capacity for financial centers?

• China should focus on Hong Kong only

• China can only support one financial center

• China is too small for multiple financial centers

• China can have two regional financial centers