The contract note of offshore resale business carried out by the enterprises registered in China (Shanghai) Pilot Free Trade Zone will be exempted from stamp duties.
The Shanghai municipal government on Jan 10 released a set of 32 measures to promote the high-quality development of the city's equity investment industry.
Shanghai, a city on the path to becoming an international hub for science and technology innovation, has witnessed a remarkable surge in the establishment of foreign-funded research and development centers over the past three years.
The State Council has approved a general plan for advancing the institutional opening-up of the Shanghai FTZ in alignment with high-standard international economic and trade rules.
The State Council, the country's Cabinet, published a comprehensive plan on Dec 7 with measures to support further development of the Shanghai free trade zone.
Chinese authorities have unveiled a raft of measures to strengthen financial services for private companies as part of efforts to help spur their growth.
Multinational enterprises are unwaveringly committed to the Chinese market and will keep investing in China, as the country's pursuit of high-quality development and Chinese modernization are set to offer them more development opportunities.
The China (Shanghai) Pilot Free Trade Zone has piloted a scheme that allows law firms on the Chinese mainland and their overseas counterparts to mutually assign lawyers as legal advisers and conduct business cooperation through joint operations.