Since joining the World Trade Organization in 2001, China has been improving its socialist market economy system and enhancing alignment with multilateral trade rules on all fronts. Shanghai has made practical efforts to fulfill its commitment to opening up the service sector and strengthening the protection of intellectual property rights, with significant progress made in enhancing the stability, transparency and predictability of national opening-up policies.

Shanghai's Policies

2017: Opinions on Further Opening up and Accelerating the Establishment of a New System for an Open Economy

2018: Action Plan of Shanghai for Implementing Major National Measures for Further Openness and Accelerating the Establishment of a New System for an Open Economy

To strengthen opening-up and cooperation in financial sector

To build a more open industry system

To ensure sound intellectual property protection

To establish a new import-facilitating platform

To create an excellent business environment