The Shanghai FTZ will be launched later this month but investors may have to wait for another couple of months before detailed reform guidelines released.
Shanghai Free Trade Zone details to be delayed
Despite rapid development in the past few years, many traditionalists in Shanghai still believe in the old adage that a bed in Puxi is preferred to a house in Pudong.
The municipal legislature of Shanghai on Thursday endorsed the legal framework for the China (Shanghai) Pilot Free Trade Zone.
Details of policies:
Domestic banks nodded for offshore business
Curbs on yuan, investment, trade to be eased
Shares close higher with FTZ details announced
Foreign firms allowed to manke game consoles
Signs directing traffic to the China (Shanghai) Pilot Free Trade Zone have been put up, indicating that the zone has been given its official English name.
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