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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International operation center of e-CNY begins work
The international operation center of the digital yuan, or e-CNY, has officially begun operations, the People's Bank of China said on Sept 25, marking China's latest step in providing innovative solutions for cross-border payments.
- GEN launched in Pudong to help Chinese firms go global
- Global scientists gather at 2025 Pujiang Innovation Forum in Shanghai
- AI innovation hub unveiled in Zhangjiang
Specials
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.
The policies cover areas such as foreign direct investment (FDI), corporate cross-border financing, and forex settlement and payment for overseas individuals purchasing property on the Chinese mainland.
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.