What has the Shanghai FTZ done to open the employment service sector to foreign investment?
en.china-shftz.gov.cn Updated: 2019-07-12
A: Overseas companies (excluding those in Hong Kong, Macau and Taiwan) can set up recruitment joint ventures with a holding of less than 70 percent; Hong Kong, Macau and Taiwan companies can set up wholly-owned employment agencies; the minimum capital required to open a foreign-invested agency has been cut to $125,000.
