久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

New legal era for Shanghai trade zone

By SHI JING | China Daily | Updated: 2013-09-27 08:44

Move aimed at 'seamless transition' ahead of official launch on Sunday

The municipal legislature of Shanghai on Thursday endorsed the legal framework for the China (Shanghai) Pilot Free Trade Zone, paving the way for the official launch on Sunday, when the first batch of new laws and regulations are expected to be announced.

New legal era for Shanghai trade zone

The name plate of the China (Shanghai) Pilot Free Trade Zone on a gate of the Waigaoqiao free trade zone in Shanghai. The pilot FTZ is expected to be officially launched on Sunday.ZHAO YUN / FOR CHINA DAILY

The Standing Committee of the Shanghai Municipal People's Congress said in a statement that it decided to adjust some of its local regulations and suspend the 1996 Regulations on Examination and Approval of Foreign Investment Enterprises of Shanghai Municipality, which are expected to be superseded by the new zone's regulations.

The statement said that the suspension wouldn't create a legal vacuum, because every effort would be made to ensure a seamless transition.

New legal era for Shanghai trade zone

Special Coverage: Shanghai FTZ

Foreign business executives said they welcomed the proposed changes and looked forward to an even more efficient regulatory environment.

Calling the general business environment the top factor in attracting foreign investment, Anders Paulsson, a partner at the Shanghai-based consulting firm SmithStreet, said the FTZ is expected to provide more business opportunities.

"Foreign enterprises will be given pre-establishment national treatment — treated the same as Chinese companies. Foreign investment will also be evaluated with a 'negative' list approach as opposed to a 'positive' list approach," said Jian Chang, an economist at Barclays China.

In a "negative" list approach, any industry that is not on the list is open to foreign investment.

"This new approach would greatly simplify the process because few industries are expected to be on the negative list," said Chang.

Although the ban on foreign capital in such industries as telecommunications is unlikely to be lifted, Yang Yuyi, an attorney at the Jingtian & Gongcheng Law Firm's Shanghai branch, said that the review and approval procedures for other sectors, including healthcare, have become more open and easier for foreign capital. It can be assumed that the FTZ will offer even easier procedures, she said.

Related Readings

New legal era for Shanghai trade zonePilot FTZ to build open economy
New legal era for Shanghai trade zoneUS firms pin hopes on financial liberalization
New legal era for Shanghai trade zonePromising outlook for foreign banks in FTZ
New legal era for Shanghai trade zoneZone to speed up SMEs' changes

Previous 1 2 Next

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 日本不卡一二三区 | 国产人成久久久精品 | 成人毛片免费观看视频大全 | 日本欧美大片 | av在线亚洲男人的天堂 | 国产杨幂福利在线视频观看 | 亚洲天堂男人天堂 | 日本一级在线播放线观看免 | 亚洲一区 中文字幕 久久 | 欧美japanese孕交 | 国产成人精品久久综合 | 日本一级毛片视频无遮挡免费 | 国产精品视频第一区二区三区 | 国产精品黄在线观看免费软件 | 久久视精品 | 欧美在线观看一区二区 | 国内精品国语自产拍在线观看55 | 一区二区网站 | 欧美成人午夜免费完成 | 亚洲天堂.com| 久久精品亚洲精品国产欧美 | 国产成人免费午夜在线观看 | 免费的特黄特色大片在线观看 | 亚洲国产精品一区二区九九 | 成人网18免费网站 | 黄色一级片a | 一级国产交换配乱淫 | 日韩亚洲一区中文字幕 | 成人在线综合 | 第一区免费在线观看 | 欧美一区二区三区国产精品 | 性久久久久 | www.精品| 欧美videos娇小 | 久久久久亚洲日日精品 | www成人国产在线观看网站 | 一级特黄a免费大片 | 精品看片| 在线观看免费毛片 | 国产一及毛片 | 国产一级性片 |