The Resource Shanghai pilot free trade zone : shaping of China's future foreign investment environment

Shanghai pilot free trade zone : shaping of China's future foreign investment environment

Label
Shanghai pilot free trade zone : shaping of China's future foreign investment environment
Title
Shanghai pilot free trade zone : shaping of China's future foreign investment environment
Creator
Subject
Language
eng
Summary
The official launch of China's pilot Free Trade Zone (FTZ) in Shanghai on 29 September 2013, marked a significant milestone for the country's economic reforms and its strategy of opening up its domestic markets for foreign investors. The FTZ is expected to liberalize trade and the provision of services and help to develop opportunities available to offshore companies. The main purposes of the FTZ are to: improve the efficiency and effectiveness of government functions; open up the economy to new investment opportunities; accelerate the development of trading; widen the opening up of 18 service industries; and align the existing legal framework with respect to foreign investments. Widely perceived as a testing ground for the shaping of foreign investment landscape, the FTZ covers an area of 28 square kilometers in Shanghai and comprises four zones specially administered by customs authorities: the Waigaoqiao Free Trade Zone, Waigaoqiao Bonded Logistic Park, Yangshan Free Trade Port Area and Pudong Airport Free Trade Zone
Citation source
In: International tax journal. - Chicago. - Vol. 40 (2014), no. 4 (July-August) ; p. 31-43
http://library.link/vocab/creatorName
Lui, G
Geographic coverage
Asia
Language note
English
http://library.link/vocab/subjectName
  • tax-free zone
  • foreign investment
  • tax incentive
Label
Shanghai pilot free trade zone : shaping of China's future foreign investment environment
Instantiates
Publication
Label
Shanghai pilot free trade zone : shaping of China's future foreign investment environment
Publication

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