News

June 22, 2017

New negative list shortened to 95 items from 122

China’s new industry catalogue for foreign investment was published on the Chinese government website on June 16. It features less control on foreign investment in railway equipment, pharmaceuticals,


June 19, 2017

It’s getting better all the time for talented foreign professionals

Tyler Rhorick, an American graduate from the New York University Shanghai with a bachelor’s degree yesterday received his work permit to work in Shanghai. This is the country’s first work permit issued


June 16, 2017

Over 80% FTZ companies are making profits

A free trade port area will be set up in Shanghai Pilot Free Trade Zone with higher standards of supervision and innovative systems for investment, finance, foreign exchange transactions, exit-entry administration,


June 12, 2017

Hungary opens exhibition and trade center in Waigaoqiao

The Hungary National Exhibition and Trade Center opened in Waigaoqiao area of China (Shanghai) Pilot Free Trade Zone last Thursday. The center was jointly invested by more than 50 Hungarian companies


June 07, 2017

Wine tasters to rate 1,500 wines at Shanghai challenge

Wine judges are introduced before the start of Shanghai International Wine Challenge. This year’s Shanghai International Wine Challenge kicked off yesterday. As many as 1,500 types of wine from 23 countries


June 06, 2017

German company to run JV hospital in FTZ

An artist's rendition of the Artemed Shanghai Hospital in the free trade zone. The Artemed Shanghai Hospital will open in the FTZ in the third quarter of 2018 as a joint venture between the German Artemed


June 02, 2017

Quarantine authorities promotes credit rating in FTZ

Shanghai Exit-Entry Inspection and Quarantine Bureau has carried out the credit rating system to improve supervision efficiency on import and export companies and 35 companies in the Shanghai Free Trade


June 01, 2017

Alibaba launches B2B platform for imports

The Gaohang Town Government in Pudong, Alibaba (China) Network Technology Co Ltd and a local e-commerce company officially launched a business-to-business supplier platform for featured imported products


May 31, 2017

JV agency offers ship crew management services

An executive with the newly-founded seamen management agency holds a certificate issued by the Ministry of Transportation. Hong Kong-based Anglo-Eastern Ship Management and Shanghai-based Sinoship Seafarer


May 25, 2017

Paperless tax procedures prevail in FTZ

Shanghai Free Trade Zone adopted Internet technologies to simplify tax refund procedures and has attracted 37,000 domestic and foreign companies since it opened in 2013, which contributed 27.3 percent