About HKTDC | Media Room | Contact HKTDC | Wish List Wish List () | My HKTDC |
繁體 简体
Save As PDF Print this page
Qzone

Shanghai Looks to Optimise Overseas Investment Through Three Key Policies

In a bid to optimise the level of overseas investment in the city, Shanghai’s local government has advocated the adoption of 26 incentive-related measures, which broadly focus on three key areas:

Further Expanding the Opening-Up Process

  • In order to deliver on this, the pre-establishment national treatment system (incorporating a limited negative list), will be fully implemented, with no government department or any other body entitled to impose restrictions on foreign investors beyond those areas that are officially proscribed

Actively Promoting Overseas Investment

  • In  line with this objective, overseas-backed enterprises will be supported in any bid to secure additional finance, including listing on the primary Shanghai Stock Exchange, the STAR Market, the SME Board, going public on the National Equities Exchange and Quotations (also known as the New Third Board) or issuing corporate bonds in accordance with the prevailing laws and regulations

Protecting the Legitimate Rights and Interests of Overseas Investors

  • This will see a well-regulated working mechanism established for optimising the business environment and ensuring equality of opportunity for domestic and overseas businesses

Full details of the proposals can be found in Several Opinions on Further Promoting Foreign Investment in the Shanghai Municipality (Hu Fu Gui No. 37 [2019]), as issued by the Shanghai Municipal People’s Government on 18 September.

Source: Shanghai Municipal People’s Government

Content provided by Picture: HKTDC Research
Comments (0)
Shows local time in Hong Kong (GMT+8 hours)

HKTDC welcomes your views. Please stay on topic and be respectful of other readers.
Review our Comment Policy

*Add a comment (up to 5,000 characters)