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China Insight - Corporate

Administrative Approval Requirements Concerning Establishment and Changes of Foreign Invested Enterprises to be Suspended in the Shanghai Pilot Free Trade Zone

01/09/2013

On 30 August 2013 the Standing Committee of the Twelfth National People’s Congress adopted the Decision regarding Authorization to the State Council for Interim Adjustment of Administrative Examination and Approval Stipulated in Relevant Laws and Regulations in the Shanghai Pilot Free Trade Zone (“Decision”).

The establishment of the Shanghai Pilot Free Trade Zone (“FTZ”) was approved by the State Council in the middle of August 2013. The Shanghai FTZ covers Waigaoqiao Free Trade Zone, Waigaoqiao Bonded Logistics Park, Yangshan Bonded Harbor and Pudong Airport Bonded Zone and has a total area of 28 square kilometers.

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China Insight - Corporate
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Authors

Picture of Ulrike Glueck
Dr. Ulrike Glueck
Managing Partner
Shanghai