Wednesday, 30 July 2014

China Updates- Shanghai Free Trade Zone

Revised Negative List for Shanghai Free Trade Zone

The list of prohibited industries in the Shanghai FTZ has been reduced from 190 to 139.

However, most of this has been achieved either by consolidation of industry categories or removal of activities (such as pornography) which are prohibited under the general law. As so often with the FTZs, there is less in the changes than meets the eye. Nevertheless, there are some genuine relaxations- further detail is available from Primasia on request.

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