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Shanghai Pilot Free Trade Zone issues new preferential policies for foreign financial institutions - Jun 22, 2018
Foreign financial institutions will be allowed to establish a branch and subsidiary at the same time while foreigners can own majority stakes in domestic life insurance companies in Shanghai Pilot Free
China to raise income tax threshold - Jun 22, 2018
China is considering raising the personal income tax threshold to 5,000 yuan (US$772) per month — 60,000 yuan a year — from the current 3,500 yuan, according to a draft amendment. The draft was submitted
PBOC vows to support Shanghai's development - Jun 15, 2018
Yi Gang, governor of the People’s Bank of China, yesterday said the central bank will support Shanghai as it opens up and reforms the financial sector. Speaking at the Lujiazui Forum, Yi said the central
'Mission' to become financial center - Jun 15, 2018
Li Qiang, Party secretary of Shanghai, yesterday said the city will speed up its efforts in building an international financial hub and a credit pilot zone in the Yangtze River Delta. Li was speaking
CSRC helps innovative firms to launch CDRs on the mainland - Jun 14, 2018
Innovative companies are being given a lending hand to go public on the mainland market by China's securities regulator which has issued new rules on issuing and trading of China Depositary Receipts.
Lujiazui forum to explore ideas to build Shanghai into financial hub in new era - Jun 14, 2018
The two-day 10th Lujiazui forum 2018 will see more than 400 guests from home and abroad discussing “building Shanghai into an international financial center in a new era.” As Shanghai is accelerating
Shanghai and 3 Yangtze River Delta provinces to work in new-energy vehicles, intelligent and connected cars - Jun 04, 2018
Shanghai aims to enhance development of the automobile sector by cooperating with Jiangsu, Zhejiang and Anhui provinces to further boost the integrated development of the Yangtze River Delta region. The
Big plans for Yangtze River Delta tourism - Jun 04, 2018
Integrated tourism development in the Yangtze River Delta region will aim to make the entire region a world famous tourist destination, Shanghai tourism authorities said over the weekend. Tourism activities
FDI in Shanghai rises nearly 41% in April - May 25, 2018
Shanghai's foreign direct investment surged nearly 41 percent in April, with the total contract value of Sino-foreign projects soaring by nearly twice the amount in the same month last year. The total
A 'cute' bear sells a treat for summer - May 18, 2018
One of the ice creams captivating consumer interest as summer approaches is Bright Food’s Little White Bear, an 8-yuan (US$1.25) ice cream bar that comes in cheese, strawberry yoghurt and vanilla flavors.
