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Tuesday, November 19, 2013
Shanghai FTZ Is Likely To Further Expand Its Geographical Scope
ANBOUND

Shanghai FTZ undertakes several reform tasks and attracts huge number of enterprises. However, the total area is merely 28.78 square kilometers and will probably restrict its development. Anbound research team believes that in order to overcome the land shortage issue, Shanghai FTZ might strictly restrict service industries such as financial industry within predetermined area and supervise the areas except duty free districts as well as moderately expand the geographical scope for goods trade. This indicates that the geographical scope of Shanghai FTZ is likely to be further expanded.

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