March 29, 2016
FTZ push drives offshore yuan loans
Shanghai banks conducted offshore yuan lending of 66.1 billion yuan (US$10.2 billion) last year, a surge of 119 percent year on year, as they tapped financial reforms to transact more cross-border business,...
March 28, 2016
Expo Site evolves into world-class urban center
The Expo Site, the venue of the world's biggest fair held in 2010, will transform into a bustling business and lifestyle center after it was incorporated into Shanghai Free Trade Zone last year. The site...
March 24, 2016
Indian worker makes Jinqiao his second home
Jinqiao area in Pudong has a large international community that appeals to Shanghai expats. Pathak Maheshwar, a 35-year-old Indian man, has lived there for eight years and regards Jinqiao his second home....
March 23, 2016
New fund offers flexible financing to small tech firms
Pudong New Area has launched a fund to combine equity and debt financing in a move to widen funding channels for small growth companies with core technologies and to encourage innovation. With a size
March 22, 2016
Mayor meets Australian Ambassador Jan Adams
Shanghai Mayor Yang Xiong met Australian Ambassador to China Jan Adams last week. Yang said the two countries have close economic and trade ties and frequent exchanges. He said Shanghai wants to strengthen...
March 21, 2016
Pudong officials survey enterprises in Shanghai FTZ
A group of officials led by Pudong New Area director Sun Jiwei visited two companies in Jinqiao area of Shanghai Free Trade Zone recently. At Carestream Health Inc. (Shanghai), they learned that the company...
March 18, 2016
Brokerage JV gets nod in Shanghai FTZ
A joint-venture securities brokerage, held by Hong Kong and domestic investors, has been approved to be set up in Shanghai’s pilot free trade zone as the country continues to open up the securities industry....
March 17, 2016
Premier Li: State Council to cut power list by half this year
Premier Li Keqiang pledged to cut the red tape by half this year. He was speaking at a press conference on Wednesday at the close of the annual meetings of the National People’s Congress and the Chinese...
March 16, 2016
FTZ sets up area for e-commerce
The regulator for Shanghai’s pilot free trade zone has pledged to improve services for cross-border e-commerce by setting up a demonstration area for that effect. Covering Waigaoqiao, Yangshan port and...
March 15, 2016
Retailers post sales growth during Spring Festival
Shanghai First Food Store reported robust sales during the Spring Festival holiday and the free trade zone in Pudong offered holiday shoppers a big market of imported food products. Suning Commerce Group...
