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

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Shanghai releases plan to boost financial center status

To enhance the competitiveness and global influence of Shanghai as an international financial hub, the National Financial Regulatory Administration and the Shanghai Municipal People's Government released an action plan on June 18.

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Pudong New Area in Shanghai is bolstering its efforts to support Chinese enterprises in going global by attracting more high-quality Chinese and foreign law firms to establish joint operations.

To enhance the competitiveness and global influence of Shanghai as an international financial hub, the National Financial Regulatory Administration and the Shanghai Municipal People's Government released an action plan on June 18.

Service Centers for offering consulting services and handling affairs of businesses registered in China (Shanghai) Pilot Free Trade Zone.

Q&A on the Administrative List of Data Outbound Transfer (Negative List) in China (Shanghai) Pilot Free Trade Zone

The Shanghai Municipal Cyberspace Administration, along with other authorities, jointly issued the Administrative List of Data Outbound Transfer (Negative List) in China (Shanghai) Pilot Free Trade Zone and Lin-gang Special Area (2024 Edition) on Feb 8. The relevant authority answered some related questions.