Aerial photos of the new area of the Shanghai free-trade zone, comprising part of Lingang. Photo: Imaginechina Aerial photos of the new area of the Shanghai free-trade zone, comprising part of Lingang. Photo: Imaginechina
Aerial photos of the new area of the Shanghai free-trade zone, comprising part of Lingang. Photo: Imaginechina
Business /  Companies

Shanghai offers cash incentives of up to US$8.5 million to lure financial institutions to Lingang free-trade zone area

  • Banks, insurers and brokerages will receive up to 60 million yuan (US$8.46 million) in subsidies to buy office properties in Lingang, the new part of the FTZ
  • Shanghai doubled the size of its FTZ last month by including part of Lingang, a previously untapped area linked to the Yangshan deep water port

Topic |   Shanghai free-trade zone
Daniel Ren
Daniel Ren

Updated: 11:05pm, 20 Sep, 2019

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Aerial photos of the new area of the Shanghai free-trade zone, comprising part of Lingang. Photo: Imaginechina Aerial photos of the new area of the Shanghai free-trade zone, comprising part of Lingang. Photo: Imaginechina
Aerial photos of the new area of the Shanghai free-trade zone, comprising part of Lingang. Photo: Imaginechina
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