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

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

TOP PICKS

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