The Lingang Special Area of the Shanghai Pilot Free Trade Zone has recently announced a raft of preferential policies designed to incentivise experienced mainland personnel to relocate and accept employment locally. More
In addition to its recent move to attract more highly-skilled domestic personnel, the Lingang Special Area – part of the Shanghai Pilot Free Trade Zone – has also adopted a number of measures designed to make it easier and more appealing for non-mainland employees with desired skills to accept positions locally. More
China has designated six provinces / autonomous regions as sites for additional Pilot Free Trade Zones (FTZs) – Shandong, Jiangsu, Guangxi, Hebei, Yunnan and Heilongjiang. More
The policy of separating business licences and operation permits is to be implemented in all the country’s Pilot Free Trade Zones as of 1 December this year. At the same time, efforts are to be made to reduce the number of business processes requiring individual approval from their current level of 523. More
The State Council announced on 6 August a number of priorities relating to the establishment of the Lingang New Area as an extension to the existing Shanghai Free Trade Zone (FTZ), including the delivery of a global level of competitivity and the successful implementation of the overall opening-up policy across a number of sectors deemed essential for future national development. More
The Shenzhen Municipal People’s Government has issued the Work Plan on Several Measures for Supporting Reform and Innovation in the Pilot Free Trade Zone, a blueprint for deepening reform and promoting innovation within the Qianhai-Shekou Area of the Guangdong Free Trade Zone. More
The Action Plan of Hainan Province for Optimising the Business Environment (2019-2020) has now been issued by the Hainan Provincial People’s Government. This new policy document outlines a number of measures designed to enhance the local business environment and to facilitate the establishment of the Hainan Pilot Free Trade Zone and Free Trade Port. More
The Immigration and entry / exit procedures, as well as a number of new visa arrangements, trialled in the country’s Pilot Free Trade Zones have now been implemented on a national basis. More
Details of the new immigration, entry-exit and transport management procedures that will apply to Hainan as it evolves into a Free Trade Zone (Port) have been released by the Ministry of Public Security. More
The number of sectors where foreign investment is restricted has been reduced from 48 to 40 on a national basis and from 45 to 37 in the case of businesses operating within one of the mainland’s Pilot Free Trade Zones. More
