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January 21, 2020

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More measures planned to boost FTZ’s Lingang area

Shanghai will press ahead with the development of the Lingang Special Area of the China (Shanghai) Pilot Free Trade Zone and fully leverage the leading role of the FTZ. 

The 50 new special supportive policies for the Lingang area launched last year have all been put into effect. The city government has also formulated administrative measures for the new area, optimizing the system and mechanisms for its development.

In the past five months since the opening of Lingang, a total of 4,025 new enterprises have been set up in the new area, and 168 key projects have been signed with an overall investment of 82.19 billion yuan.


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