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Gateway to a free trade zone

  The central government’s approval to launch a pilot free trade zone in Pudong has provided an enormous economic boost to the new area and Shanghai. Facing the Pacific to the east, the Chinese coastline is like a giant open bow and the Yangtze River is like an arrow. It is Shanghai, or more specifically Pudong, at...
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Shanghai tightens financial sector supervision

  Shanghai is considering to increase regulatory function to its existing municipal financial service office and is researching possibilities to set up a specialized financial court to better supervise the financial market, said a senior official on Thursday. Zheng Yang, Party chief of the Shanghai financial work commission and head of the Shanghai municipal financial service office,...
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