• Thu
  • Oct 23, 2014
  • Updated: 6:43am

Shanghai Free-trade Zone

Shanghai Free-trade Zone is the first Hong Kong-like free trade area in mainland China. The plan was first announced by the government in July and it was personally endorsed by Premier Li Keqiang who said he wanted to make the zone a snapshot of how China can upgrade its economic structure. Other mainland cities and provinces including Tianjin and Guangdong have also lobbied Beijing for such approvals. The Shanghai FTZ will first span 28.78 square kilometres in the city's Pudong New Area, including the Waigaoqiao duty-free zone and Yangshan port and it is believed it may eventually expand to cover the entire Pudong district which covers 1,210.4 sq km of land.

Shanghai free-trade zone still has much to prove

While the fledgling Shanghai free-trade zone, a pilot for the future liberalisation of service industries, is yet to live up to the hype of its launch, it still enjoys high-level political support.

Friday, 3 October, 2014, 8:30am

Beijing eases restrictions on foreign firms in year-old Shanghai free-trade zone

Beijing is lifting restrictions on foreign investments in several industries in Shanghai's FTZ, a day before the much-hyped "mini Hong Kong" marks its first year in business.

29 Sep 2014 - 6:20pm

Established rivals may keep Shanghai trade zone's gold exchange in check

China's launch of an international gold exchange in the Shanghai Free-Trade Zone 11 days ahead of schedule last week, may not be much help as it seeks to compete with established gold markets such as New York or Singapore.

22 Sep 2014 - 4:28am

International gold trading launched in Shanghai free-trade zone

The Shanghai Gold Exchange officially launched its international trading platform in the city's free-trade zone (FTZ) last night, the first such board in the zone, with hopes of setting benchmark prices for the precious metal in Asia.

19 Sep 2014 - 4:56am

Premier Li's tour gives boost to Shanghai trade zone

Premier Li Keqiang is set to make the most of the launch of an international gold trading platform as he beats the drum for the further development of the Shanghai free-trade zone, which has failed to live up to expectations in its first year.

18 Sep 2014 - 5:57am

Head of Shanghai's free-trade zone, Dai Haibo, to step down amid graft probe

The de facto head of Shanghai's free-trade zone is expected to step down, five separate sources have said, likely striking another blow to the already struggling economic project ahead of its first anniversary.

15 Sep 2014 - 8:05am 3 comments

Shanghai free-trade zone offers mainland China firms a springboard

Companies bursting at the seams with cash to spend on acquisitions are usually the stuff of boardroom dreams - except if the money is coming from the mainland, in which case it is subject to scrutiny worldwide.

1 Sep 2014 - 8:37am

Shanghai free-trade zone marks year of little progress

Shanghai's free-trade zone will mark its first anniversary this month with little fanfare as cynics scoff at the regulators' empty promises to build it into a showcase of the mainland's buoyant economy.

1 Sep 2014 - 8:36am

Commodities trading the latest move by Shanghai to talk up free trade zone

In the latest attempt to raise the profile of its Hong Kong-style free port, Shanghai has unveiled ambitious plans to create a clutch of international commodity trading platforms in its free-trade zone (FTZ).

29 Aug 2014 - 11:10am

CBRC urged to relax lending rules in Shanghai free-trade zone

Banks in the Shanghai free-trade zone have jointly lobbied for a relaxation of capital requirements on borrowers for fixed-asset investments in an attempt to boost lending in the zone, sources said.

14 Jul 2014 - 3:09am

Foreign banks in Shanghai free-trade zone lack permits to transfer funds freely

Ten foreign banks have opened subsidiaries in the Shanghai free-trade zone, but none has obtained a key permit that would allow them to take advantage of the liberalisation offered.

9 Jul 2014 - 4:54am

Banks rush to open branches before Shanghai free-trade zone anniversary

The Shanghai free-trade zone  is set to see a wave of new bank openings before its first anniversary, including the first privately owned bank.

8 Jul 2014 - 10:26am

Shanghai free-trade zone seen as way to boost appeal of panda bonds

After the pilot Shanghai Free Trade Zone project aimed at smoothing cross-border yuan flows, encouraging foreign firms to sell so-called "panda bonds" in China may be the next big-bang reform move, says Standard Chartered Bank.

23 Jun 2014 - 4:15pm

Planning key to free-trade zones

Competition among mainland provinces and cities is so keen that what one gets that is perceived as beneficial, the others immediately want. The pilot free-trade zone set up in Shanghai eight months ago prompted a clamour for the same by more than 20 entities.

11 Jun 2014 - 4:19am

Pause in China's trade zones unlikely to dim mood for pacesetters

The mainland government's decision to freeze applications for free-trade zones is unlikely to crimp the plans of developers heavily involved in projects in Shanghai and across the thriving Pearl River Delta region.

9 Jun 2014 - 5:53am

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