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December 1, 2014

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New version of negative list

SHANGHAI’S free trade zone is set to roll out a new version of negative list for foreign investment in the first half of next year to improve clarity for investors, a zone management official said last week.

The new list, the third version since the FTZ was launched on September 29, last year, aims to cut the number of curbs and be more transparent to boost foreign investment, Zhu Min, vice chairman of the FTZ administration, told a forum.

In the first 10 months of this year, total revenue of companies registered in the zone rose 11 percent year on year to 130.75 billion yuan (US$21.29 billion).




 

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