Aerial photo taken on March 9, 2017 shows the Shanghai free trade zone (FTZ). Photo: Xinhua

European firms are on the lookout for tangible incentives before embracing Shanghai’s expanded free trade zone in Lingang

  • Shanghai’s authorities have doubled the free-trade zone to 240 square kilometres by including part of Lingang, a previously untapped area linked to the Yangshan deep water port
  • The expansion reflected the city’s renewed efforts to build a free marketplace that can rival regional business hubs such as Hong Kong and Singapore
Topic |   Shanghai free-trade zone

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Aerial photo taken on March 9, 2017 shows the Shanghai free trade zone (FTZ). Photo: Xinhua
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