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The China (Shanghai) Pilot Free Trade Zone (SHFTZ), located in Pudong New Area, is a regional free trade zone founded on Sept 29, 2013 and originally consisted of Waigaoqiao Free Trade Zone, Waigaoqiao Free Trade Logistics Park, Yangshan Free Trade Port Area and Pudong Airport Free Trade Zone. The State Council decided on Dec 28, 2014 to expand SHFTZ by incorporating Lujiazui Financial Area, Jinqiao Development Subzone, and Zhangjiang High Tech Subzone, enlarging the SHFTZ from 28.78 square kilometers to 120.72 square kilometers.

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Nation to grant FDI greater access to its markets

China will further shorten the negative list for foreign investment and implement pilot programs to ease access for global companies in the fields of scientific and technological innovation, said an action plan released by the General Office of the State Council, China's Cabinet, on Tuesday.

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Shanghai Port reached another milestone in 2023 when its container throughput surpassed the 49 million TEU (20-foot equivalent unit) mark.

The contract note of offshore resale business carried out by the enterprises registered in China (Shanghai) Pilot Free Trade Zone will be exempted from stamp duties.

Service Centers for offering consulting services and handling affairs of businesses registered in China (Shanghai) Pilot Free Trade Zone.

A Guide to Working and Living in China as Business Expatriates

To support foreign business expats working and residing in China, the Ministry of Commerce of the People's Republic of China, in collaboration with relevant departments, has developed the 2024 edition of "A Guide to Working and Living in China as Business Expatriates".