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China Tax/Business News Flash 

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.

Download the Shanghai Free Trade Zone placemat to get insights into new polices & their implications; potential benefits for selected industries and examples of possible business models.

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Peter Ng
China and Hong Kong Tax Leader
Tel: +[86] (21) 2323 1828 Email
Spencer Chong
Tel: +[86] (21) 2323 2580 Email
Jane Wang
Tel: +[86] (21) 2323 2896 Email
Ray Zhu
Tel: +[86] (21) 2323 3071 Email
Bill Yuan
Tel: +[86] (21) 2323 2747 Email