Shanghai Free Trade Zone Company Formation

set up a company in Shanghai free trade zone

The Shanghai free trade zone registration allows foreign businesses to take the same advantages as with a Hong Kong FTZ in China. The Shanghai free trade zone covers an impressive 28.79 square kilometers. The development of the Shanghai free trade zone is a major step forward for China and is an attempt for China to improve its relations with the rest of the world as it grows into a formidable economic powerhouse of the east. In 2014, the Standing Committee of the National People’s Congress authorized the State Council to expand the existing Shanghai free trade zone to a whopping 120.70 square miles, nearly five times to what it is now. The area covers four special customs supervision areas;

Shanghai Waigaoqiao free trade zone,
The Waigaoqiao bonded logistics zone,
Yangshan bonded port zone and
Shanghai Pudong airport, which is a comprehensive bonded zone.

The expansion area includes;

Lujiazui financial zone,
Jinqiao development zone and
Zhangjiang high-tech zone.

The area includes the Lujiazui financial zone, Jianyang road, Pudong south road, Longyang road, Jinxiu road, Luo Shan road to the east, Central Circle to the south, Huangpu River to the west, and Huangpu River to the north, covering a total area of 34.26 square kilometers. Jinqiao development zone spans for a total area of 20.48 square kilometers, and includes; east to outer Ring Greenbelt, south to Jinxiu East road, west to Yanggao road, and north to the Huge Peak road. The Zhangjiang high-tech zone spans for 37.2 square kilometers and includes; east to the Outer Ring Line, Shenjiang road, south to the Outer Ring Line, west to Luo Mountain Road and north to Longdong Avenue.

Shanghai FTZ Encourages:

Beverage & Liquor

Automobile

Machinery

Medical Apparatus and Instruments

Biological Medicine

Health Products

Cosmetics

Cultural Products

Shanghai FTZ Launched

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