Q and A

What is the definition of financial lease as promoted in the FTZ?

2020-02-04

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.
How did the Shanghai FTZ reduce the threshold for foreign engineering companies?

2019-11-11

A: Foreign engineering companies (excluding prospecting companies) are not required to present professional qualification and business record when setting up an operation in the FTZ...
What has the Shanghai FTZ done to open the employment service sector to foreign investment?

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...
Has the Shanghai FTZ lowered the threshold for joint-venture travel agencies to do outbound business?

2019-05-17

A: The FTZ abolished the requirement that a joint-venture travel agency must operate at least two years in the FTZ before it can organize outbound tours.
What are the measures the Shanghai FTZ has taken to cut restrictions on foreign-invested recreational venues?

2019-01-28

A: The FTZ allows foreign investors to open and operate wholly-owned entertainment venues.
What measures has the Shanghai FTZ adopted to open up the construction market?

2018-08-24

A: Foreign construction companies registered in the FTZ can bid for Sino-foreign cooperative projects in Shanghai without investment ratio restrictions.
How did the Shanghai FTZ lower its threshold for foreign advertising companies?

2018-08-24

A: Investors are no longer required to show qualification and business performance when setting up companies in the zone and the term of operation is also not required...
How will the Shanghai FTZ further open its education and vocational training sector to foreign investment?

2018-08-24

A: The FTZ allows foreign investors to set up joint-venture schools and training institutions. No application is required for establishing such schools and institutions.

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