Free trade accounts available for foreign professionals in Shanghai FTZ
en.china-shftz.gov.cn |
Updated:2022-11-10
The Shanghai FTZ started allowing foreign professionals working at local science and innovation companies to open individual free trade accounts, as part of its new round of financial reforms in 2017.
The initiative encouraged financial institutions to offer comprehensive cross-border financial services for foreign professionals in supporting their overseas families, children's education, medical treatment and healthcare, investment and financing, as well as equity incentives.
An application form for foreign professionals to open an individual free trade account in Shanghai FTZ [Photo/CCTV]
