The construction of China (Shanghai) Pilot Free Trade Zone is an important measure to conform to the new trend of global economic and trade development and implement a more proactive opening-up strategy.
For Shanghai, the Pilot Free Trade Zone has been approved for implementation, and the opportunities are not only in the trade field, but also in shipping and finance. It will enable Shanghai to break through the existing laws and regulations and relax preferential policies such as taxation and foreign exchange use, which will be conducive to the global allocation of multinational companies, and more financial institutions will be registered and opened in Shanghai.
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Location of Shanghai Free Trade Zone
Shanghai Free Trade Zone is located in Pudong New Area of Shanghai, in the east of Shanghai and the eastern edge of the Yangtze River Delta. It covers four special customs supervision areas, including Shanghai Waigaoqiao Free Trade Zone, Waigaoqiao Bonded Logistics Park, Yangshan Bonded Port Area and Shanghai Pudong Airport Comprehensive Bonded Zone.
The expansion area includes Lujiazui Financial District, Jinqiao Development Zone and Zhangjiang High-tech Zone. Among them, Lujiazui Financial Zone covers an area of 34.26 square kilometers, bordering Jiyang Road, Pudong South Road, Longyang Road, Jinxiu Road and luoshan road in the east, Zhonghuan Road in the south, Huangpu River in the west and Huangpu River in the north.
Jinqiao Development Zone, covering an area of ***20.48 square kilometers, is surrounded by green belts in the east, Jinxiu East Road in the south, Yanggao Road in the west and Jufeng Road in the north. Zhangjiang High-tech Zone covers an area of ***37.2 square kilometers, east to Outer Ring Road and Jiang Shen Road, south to Outer Ring Road, west to luoshan road, and north to Longdong Avenue.
Baidu Encyclopedia-China (Shanghai) Free Trade Experimental Zone