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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 Subzone, Jinqiao Development Subzone, and Zhangjiang High Tech Subzone, enlarging the SHFTZ from 28.78 square kilometers to 120.72 square kilometers.

Shanghai Eastern Hub International Business Cooperation Zone (IBCZ) is a first-of-its-kind special zone, approved by the State Council of the People's Republic of China and developed by Shanghai Municipality.

China has rolled out a new round of market-opening measures, broadening foreign access to vocational training, higher education, financial derivatives and pharmaceutical sectors, as Beijing doubles down on its strategy to attract high-quality foreign investment amid a challenging global economic environment.

Pudong New Area Service Center Address: No 2 Hehuan Road, Pudong New Area, Shanghai Tel: +86-21-68542222

Q&A: Shanghai's negative list policy for outbound data transfers expands citywide

Shanghai has expanded its negative list management system for outbound data transfers from the China (Shanghai) Pilot Free Trade Zone and the Lin-gang Special Area to the entire city.