FREE TRADE ZONE

MOROCCO: New Free Trade Zone under Construction to Combat Illegal Imports

24 June 2020

Morocco is building a free trade economic zone in the northern town of Fnideq, near the Spanish-administered enclave city of Ceuta, in a bid to reduce illegal imports. More

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Lingang New Area of Shanghai FTZ Promotes Development of Legal Services Sector

04 June 2020

The Lingang New Area of the Shanghai Pilot Free Trade Zone has recently announced a slew of new policies to boost the development of legal services. More

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Exploring Domestic Market of the YRD via Shanghai’s Import Platform

01 June 2020

Shanghai has been making continuous improvements and innovations in trade and customs facilitation measures to optimise the business environment, and established a cross-border e-commerce comprehensive pilot zone. Hong Kong businesses could consider making use of Shanghai’s multitude of business platforms to develop domestic sales in the YRD and explore import opportunities in mainland China. More

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Nansha Rolls Out Three-Year Action Plan to Improve Business Environment

13 May 2020

The Administrative Committee of the Nansha Development Zone (the Nansha Area of the Guangdong Pilot Free Trade Zone) recently issued a three-year action plan (2020-2022) for the comprehensive improvement of Nansha’s business environment. More

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Approval for Radioactive Drug Production and Sale Delegated to Provincial Level

11 May 2020

The National Medical Products Administration and the State Administration of Science, Technology and Industry for National Defence recently issued a notice (No. 22 [2020]) on the approval of enterprises that produce and sell radioactive drugs. More

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Belt and Road and Northern China: Heihe, Thriving on the China-Russia Border

22 April 2020

The city of Heihe in northwest Heilongjiang province lies on the Chinese border with Russia. Across from the city, on the other side of the Heilong Jiang, is Blagovéshchensk, the third largest city in the Russian Far East and capital of the Amur Oblast region. In 1992, Heihe was included among the first set of border ports in China’s “opening up” programme. In 2019, Heihe became the northernmost free trade zone in China. More

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Belt and Road and Northern China: Heilongjiang, a Crucial Link in China-Russia Business

15 April 2020

Heilongjiang’s “One Window, Four Zones” strategy aims to make the province an important window for China’s “opening-up” to the north and will entail the establishment of a Heilongjiang FTZ, a pilot zone for “opening-up” along the border, a demonstration zone for cross-border economic co-operation and a logistics hub zone for Europe and Asia. The province’s capital Harbin has been earmarked as a centre for co-operation with Russia. More

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China Streamlines Foreign Exchange Registration of Foreign Trade Businesses

24 January 2020

China has announced that foreign trade enterprises in pilot free trade zones are no longer required to submit the Filing and Registration Form of Foreign Trade Operators when applying for registration in the Directory of Enterprises for Foreign Exchange Payments and Receipts for Trade. More

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Commerce Ministry Announces New Opening Up Policies for Hainan

08 January 2020

The Ministry of Commerce and 17 other government departments have recently jointly issued the Circular on the Trial Implementation in the China (Hainan) Pilot Free Trade Zone of Policies Already Applied in Other Pilot Free Trade Zones. More

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Nansha Subsidises Young Hong Kong and Macao Job-Seekers and Entrepreneurs

24 December 2019

The Nansha Area of Guangzhou recently announced a raft of subsidies and rewards for young job-seekers and entrepreneurs. The measures will be implemented on a trial basis until 18 October 2020 and are open to permanent residents of Hong Kong or Macao aged between 18 and 45 who meet the relevant conditions. More

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