QnA

What policies has the Shanghai FTZ adopted to open the shipping industry to foreign companies?

2018-08-24

A: The FTZ has relaxed the restriction on the percentage of foreign capital in a joint venture shipping company. Relevant regulations will be made by transport authorities with the State Council...
What are the measures the FTZ has taken to open video games and amusement equipment industries to foreign investment?

2018-08-24

A: The FTZ allows foreign companies to produce and sell video games and amusement facilities to the domestic market if their products pass the content examination from cultural officials.
What are the requirements and procedures for an accounting firm to set up a branch in the FTZ?

2018-08-24

A: The accounting firm should be a partnership or a limited liability partnership for at least one year. It has completed internal restructuring and is operating smoothly...
What has the Shanghai FTZ done to open the financial lease market to foreign investors?

2018-08-24

A: The FTZ did not set a minimum capital, but foreign companies must have a minimum capital of 50 million yuan to engage in financial lease services whether as a sideline or main business.
What is the definition of financial lease as promoted in the FTZ?

2018-08-24

A: All types of financial lease companies are welcome to open branches in the FTZ and offer their services to customers in China and abroad.
What is definition of shipping finance as promoted in the FTZ?

2018-08-24

A: Shipping finance covers all financial activities that occur in the operation of a shipping company, such as loans, insurances, currency custody, currency exchanges, and account settlement...
What did the Shanghai FTZ do to open value-added telecom services to foreign investors?

2018-08-24

A: The FTZ allows foreign companies to provide value-added telecom services (those not governed by existing laws or regulations must be approved by the State Council)...
What measures has the Shanghai FTZ adopted to open the performance market to foreign agencies?

2018-08-24

A: Foreign investors are allowed to set up wholly-owned performance agencies in the FTZ.

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