Shanghai FTZ Reels In USD110 Billion in Overseas Contracts
Xinhua
/SOURCE : yicai
Shanghai FTZ Reels In USD110 Billion in Overseas Contracts

(Yicai Global) Nov. 20 -- Shanghai Free Trade Zone is  opening doors for more cross-border business in China. The special  economic zone has reduced its restrictions on certain sectors down to 45  items this year from the original 190. Almost 9,000 foreign-funded  firms have set up offices in the FTZ, logging over USD110 billion in  contracts, as of by June.  


  The FTZ hosted a signing ceremony of the Shanghai Free  Trade Zone Expansion and Further Opening-Up Measures in China Shanghai  Pilot Free Trade Zone. 


 A truck completed paperless customs clearance in Shanghai Waigaoqiao Free Trade Zone. 


 A screen at Shanghai E&P International tracks international trade.  


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Keywords: negative list , free trade zone