On 2 December 2013, the People’s Bank of China (“PBOC”) issued its Opinions on Financially Supporting the Development of the China (Shanghai) Pilot Free Trade Zone (the “Opinions”).
The Opinions represent latest steps...more
China has further opened up its value-added telecoms sector, starting with foreign-invested companies established in the new Shanghai Free Trade Zone (“SFTZ”).
As reported in our January China Bulletin, the SFTZ offers...more
Structured trade and commodity finance (STCF) is central to international trade and is progressively becoming an important source of finance for Chinese companies, given that China is now the most significant player in the...more
For foreign investors, one of the biggest China news stories last year was the official launch on September 29 of the China (Shanghai) Pilot Free Trade Zone (the "SFTZ").
The SFTZ has been heralded as a testing ground...more
The China (Shanghai) Free Trade Pilot Zone (FTZ), approved by the State Council at the beginning of July 2013, was launched with much fanfare at the end of September. The launch and the publicity surrounding it gave rise to...more
Following issuance over the last several months of more general policy statements promising liberalized foreign investment rules applicable to the telecommunications sector within the China (Shanghai) Pilot Free Trade Zone...more
On December 2, 2013, the People’s Bank of China (“PBOC”) has issued the Opinions on the Financial Support for the Building of the China (Shanghai) Pilot Free Trade Zone....more
On December 2, 2013, the People’s Bank of China (PBOC) issued its Opinion Concerning Financial Support for Building up Shanghai Free Trade Zone. The opinion aims to support the government’s goal to accelerate China’s economic...more
On September 29, 2013, China officially opened another special zone in its ongoing economic reform, China (Shanghai) Pilot Free Trade Zone ("the Pilot Free Trade Zone"). Integrating four existing bonded zones in Shanghai,...more
In This Issue:
- Government Shutdown Disrupts And Delays Various Trade Agency Functions
- China Launches Pilot Free Trade Zone In Shanghai
- "Reshoring" Gaining Momentum Among U.S. Manufacturers
- News Of...more
On September 29, 2013, China launched the mainland’s first free trade zone (FTZ) in Shanghai. The initiative is intended to be a pilot program to provide a blueprint of how China will reform its economic structure. The FTZ is...more
Since the China (Shanghai) Free Trade Pilot Zone ("Shanghai FTZ") was approved by the State Council on 22 August 2013, investors have awaited detailed policies and regulations to be issued. In early September 2013, the...more
China’s hastily and recently launched first mainland free-trade zone is destined to be a laboratory for remaking the country's financial sector by attracting investment and internationalizing its currency. The China...more
China officially launched the China (Shanghai) Pilot Free Trade Zone (the “SHFTZ”) on September 29, 2013 and on the same day published a long-awaited and longer-than-expected “negative list” setting forth industry sectors...more
In This Issue:
- All Eyes on the Shanghai Free Trade Zone
- China and Korea Progress to Second Phase of Bilateral FTA Negotiations; Intersection of RCEP and TPP Remains Key Area of Interest
- Excerpt from All...more
The China (Shanghai) Pilot Free Trade Zone (PFTZ) officially launched on September 29th, granting 25 Chinese and overseas companies licenses to register in the PFTZ on its first day. The General Plan for the PFTZ was...more
On September 29, 2013, China launched its long-awaited Shanghai Free Trade Zone (SFTZ), which is widely viewed as the most significant milestone in the country’s economic reform since the establishment of Shenzhen Economic...more
FRANCE ANNOUNCES DRAFT 2014 BUDGET – LIGHTER TAX BURDEN FOR BUSINESSES -
France’s draft budget law for 2014 was presented to Parliament on September 25 and is now under discussion in the National Assembly and...more
Shortly after the approval for the Plans for the Shanghai Free Trade Pilot Zone (the “Shanghai FTZ”), the Standing Committee of China’s National People’s Congress published the first legislation on the Shanghai FTZ – the...more
Following the announcement in July of an ambitious plan to develop mainland China’s first free trade zone in Shanghai, there have been several recent developments relating to the forming and unveiling of the zone.
Foreign investors in China can look forward to further reforms and liberalization of certain industry sectors in China's newly approved pilot free trade zone in Shanghai ("FTPZ").
China's State Council passed the...more
Shanghai mayor Yang Xiong unveiled new plans to develop mainland China’s first free trade zone in Shanghai last January....more
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