Free Trade Zone
Shanghai FTZ’s achievements and future development have been highlighted in the recently published Blue Book of China’s Free Trade Agreements and Free Trade Zones (2017).
Shanghai is currently home to 610 regional headquarters or corresponding institutions, including 67 Asia-Pacific headquarters. Also, 416 foreign R&D centers have been set up.
Shanghai Pilot Free Trade Zone recorded a 5.9 percent growth in foreign trade to a gross value of 783.68 billion yuan (US$113.65 billion) last year, accounting for 27.3 percent of the city’s total and up 0.9 percentage points from 2015, according to local customs. By the end of 2016, 18,755 companies in the FTZ had […]
Previously, a company needed to apply for a permit for every new product. Now, the FTZ authorities can review a company’s manufacturing facilities and all its products just once before granting the all-in-one license.
Yangshan Port Free Trade Area, a part of Shanghai Pilot Free Trade Zone, has nine companies awarded the CCC certificate.
The administration of Lujiazui Financial and Trade Zone, which is part of the Shanghai Pilot Free Trade Zone, signed a contract with CBRE Group.