Monthly Archives: May 2016

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...

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...

According to the Company Law of the people’s Republic of China, Regulations on Registration and Administration and Annual Inspection for Enterprises, each year, SHAIC conducts annual inspection of enterprises including FIE, during the period from 1st march to 30th June. FIE with its local branches shall accept annual inspection form the next year of being...

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...