Monthly Archives: May 2016

Pudong Seeks Overseas Talent to Fill Government Jobs

The Pudong New Area government launched an overseas recruitment program recently to fill 11 job vacancies. As the Shanghai Free Trade Zone and Zhangjiang National Innovation Demonstration Zone are both in Pudong, the district needs high-caliber government workers who are familiar with international rules on intellectual property protection, good at English communication and international negotiation, and...
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More FTZ Advantage for Foreign Companies

CHINA yesterday unveiled rules that will allow foreign companies based in the Shanghai pilot free trade zone to invest in value-added telecom services, the latest move in opening up the country’s telecom sector. Foreign enterprises in the zone with a registered capital of no less than 1 million yuan (US$161,000) can apply for investment in the...
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Insurance Exchange Nears Launch

NINETY-ONE companies yesterday agreed to jointly contribute the 2.24 billion yuan (US$343 million) of registered capital required to set up an insurance exchange in Shanghai. Though the proposal was mooted as far back as 2010, the founding members were meeting for the first time to discuss the development of the exchange, which is seen as a...
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