HomeHome>Policies in Action

  • UOB completes 1st China-Thailand cross-border capital pool in Lin-gang

    May 12, 2021

    United Overseas Bank (China) has recently helped Zhongshan Lianchang Spray Pump Co Ltd, or CLC Lianchang complete UOB's first China-Thailand cross-border renminbi capital pool business in Lin-gang Special Area in Shanghai.

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    Nation eases path for multinationals

    Mar 10, 2021

    For multinational corporations grappling with the coronavirus pandemic, China emerged as a silver lining to their balance sheets last year.

  • Lin-gang levies less taxing for companies

    Mar 9, 2021

    More tasks related to systematic innovation have been assigned to the Lin-gang Special Area.

  • Preferential VAT tax policy implemented in Yangshan bonded zone

    Mar 5, 2021

    Shanghai Integrated Logistics Management Co Ltd – a company based in the Yangshan Special Comprehensive Bonded Zone, under the jurisdiction of the Lin-gang taxation administration – recently obtained the first invoice for value-added tax exemptions for logistics and storage services in the area.

  • Shanghai to make big splash in NEV sector

    Feb 26, 2021

    New energy vehicle output will account for 35 percent of Shanghai's auto manufacturing industry and reach 350 billion yuan ($54 billion) by 2025, said a five-year action plan for the sector that was unveiled recently.

  • List announced of Lin-gang firms to getbreak

    Jan 29, 2021

    The Lin-gang Special Area in East China's city of Shanghai recently announced the first tranche of businesses in key industries that will benefit from a preferential corporate income tax.

  • Lin-gang upgrades policy support for AI industry

    Dec 31, 2020

    The Lin-gang Special Area of the China (Shanghai) Pilot Free Trade Zone has updated its policies on artificial intelligence (AI) and released them on Dec 26 in an effort to boost the industry.

  • Lin-gang Special Area accelerates 5G construction

    Dec 30, 2020

    The Lin-gang Special Area of the China (Shanghai) Pilot Free Trade Zone launched a campaign to promote the construction of 5G communication infrastructure on Dec 23.

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