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July 7, 2014

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Jing鈥檃n picked for trial

SHANGHAI has chosen Jing’an District to launch a trial offering streamlined services to register foreign investment in downtown areas as it applies the lessons in the city’s free trade zone, the authorities said last week.

Under the trial, foreign investors can apply for the Jing’an government consent to register their investment in four days after presenting five documents, down from 11 days.

“If it works well in Jing’an, we will expand the trial to more areas to make it easier for foreign investors,” Gu Jun, vice chairman of the Shanghai Commission of Commerce, said.


 

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