The FTZ, the 12th such in the country, said an improved, efficient business environment, better intellectual property protection and diversity in financial products were among its significant achievements.
The Greater Bay Area, comprising the two special administrative regions and nine mainland cities in the Pearl River Delta region, has a population of nearly 68 million people and a gross domestic product of nearly .4 trillion. It will be a key pillar for the Belt and Road Initiative as an innovation and technology hub.
The Fonterra & ACC Shanghai Innovation Center, serving all consumer and food service businesses, stands to help the company develop products that "are much closer to the needs of Chinese customers", said Paul Washer, chief financial officer of Fonterra in China.
The Guangzhou Civil Affairs Bureau this week launched door-to-door inspections of these areas and projects.
The Forbes report said: "Analysts have been watching for the first signs of a long-expected Chinese naval base at Gwadar in Pakistan. The base, to complement an elaborate one in Djibouti, would strengthen China's foothold in the Indian Ocean.
The IMF also acknowledged the strong measures taken by China to tackle challenges, including financial sector risks, corporate debt, and housing price boom.
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The Hong Kong and Macao Affairs Office of the State Council and the Office of the Commissioner of the Ministry of Foreign Affairs in the Hong Kong Special Administrative Region also issued statements on Thursday condemning the act.
The General Assembly mandated in 2014 that elections beginning in 2016 for non-permanent Security Council seats be held six months in advance of the term in order to give the elected countries more time to prepare for their new responsibilities.
The Hong Kong government in March proposed amendments to plug legal loopholes that have prevented the extradition of fugitives between Hong Kong and other economies.
The IEEAC surveyed students from 130 colleges, and more than 80 percent of students said they are willing to start businesses.