As an attempt to boost the slowing growth of their economy, the Chinese government has decided to open up a “free trade zone” in Shanghai. This is shift away from traditional CCP economic policy and shift towards a more free market. The government has been an integral part of leading and boosting investment and growth. This new policy would allow the market to determine demand rather than the government. Many believe this small step in Shanghai could lead to more reforms in many different parts of China.
I full heartedly agree with Kevin‘s blog post and his conclusions regarding this new policy, even though it will only be applicable in a portion of Shanghai. It really represents the direction that China is heading. As they have entered the economic world stage and 
developed into one of it’s leading nations, they have begun to slowly conform to the world standard free market based system. This new policy is an indicator that the leaders of the CCP recognize the value potential in adopting such a change. I expect that over the course of the next ten years, China will continue to head in this direction as it’s people, politics and values develop and align with the rest of the world.
http://www.voanews.com/content/china-pilots-new-economic-reform-in-shanghai/1757599.html