China has decided to reduce or cancel import tariffs on a range of products and materials starting Jan 1, 2021.
China is enlarging the scope of investment by foreigners with a revised catalog of industries in which such investment is encouraged, a fresh sign of opening-up and high-quality development resolve.
The Pudong New Area issued three new policies at the 2020 Shanghai Global Talents Innovation and Entrepreneurship Summit on Dec 24.
A total of 93 key projects, with a combined investment of 87 billion yuan ($13.47 billion), were launched in Shanghai's Zhangjiang Science City on Dec 18,
The China (Shanghai) Pilot Free Trade Zone (FTZ) launches the Global Operation Programme on Dec 16 to boost international trade.
The Lujiazui area of Pudong, Shanghai has developed itself into a hub for global headquarters.
China will seek better coordination among the various free trade zones as their closer cooperation will provide strong impetus for economic development.
Shanghai should better connect domestic and international markets in order to improve its high-quality development and facilitate China's deepened round of reform and opening-up.