Aug 2013, Issue 21
New horizon for doing business in Shanghai
The State Council tentatively passed the Overall Plan for China (Shanghai) Free Trade Pilot Zone (the Plan) in its executive meeting on 3 July 2013. Investors are looking forward to the official approval of the Plan by the State Council as well as the release of the relevant implementation measures. According to public information, the Plan proposed to establish a China (Shanghai) Free Trade Pilot Zone (Shanghai FTPZ) in the existing Shanghai Integrated Bonded Zone, covering an area of 28 square kilometres. Shanghai FTPZ will be the first of its kind in mainland China which will enjoy four breakthrough reforms to boost business growth in the region. The breakthroughs will offer Shanghai more competitive advantage as an international financial hub.
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to get insights into new polices & their implications; potential benefits for selected industries and examples of possible business models.Other issues of China Tax/Business News Flash
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