Regulations of Shanghai Municipality on Encouraging the Establishment and Development of Foreign-funded Research and Development Centers

Article I (Objective and Legal Basis) For the purpose of further opening up Shanghai, enhancing Shanghai’s function of global resources allocation, strengthening its advantage as a scientific and technological innovation source, and encouraging foreign investors to set up research and development… 

Alleviate short-term capital turnover pressure of parallel car import enterprises and reduce their operating costs

“Bonded warehousing of parallel-imported cars” refers to the warehousing and entry and exit of parallel-imported cars conducted by pilot enterprises and warehousing enterprises in a special area specially regulated by the customs in the pilot free trade zone according to the regulatory requireme… 

Announcement of Shanghai Customs on Launching Pilot Bonded Warehousing for Parallel Imports of Automobiles in Special Customs Supervision Areas of China (Shanghai) Pilot Free Trade Zone

The new policy has reduced short-term capital turnover pressure and operating costs of parallel auto import enterprises in China (Shanghai) Pilot Free Trade Zone.…