China Expands Shanghai FTZ to Attract More Hi-Tech Firms

The newly incorporated Lingang New Area into Shanghai’s Free Trade Zone, will offer investors tax cuts, duty exemptions and other preferential policies.

3 minute readAugust 16, 2019 at 12:16 AM

Marilyn Romero

China Expands Shanghai FTZ to Attract More Hi-Tech Firms

China’s State Council has agreed to expand the Shanghai Free Trade Zone, or FTZ, by transforming the Lingang New Area into a special economic functional zone with international market influence

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