Shanghai Free Trade Zone Plans Underway

On Aug. 30th, the Standing Committee of the National People's Congress (NPC) approved "Draft Decisions Authorizing the State Council to Temporarily Adjust Relevant Administrative Examination and Approval Laws in China (Shanghai) Pilot Free Trade Zone." The decision allows for suspension of laws limiting the establishment and operation of foreign-invested enterprises in Shanghai's Pilot Free Trade Zone, and potentially will allow foreign-invested enterprises to enjoy national treatment in certain industries.

 

For more information on the Pilot, please refer to China News media report in Chinese or contact us at

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