6 More New FTZ in China!

On 26 August 2019, the State Council of the People’s Republic of China has approved to launch 6 more new free trade zones (“FTZ”), which brings the total number of FTZs to 18. The new FTZ shows the goal of innovation, further opening-up and high-quality development.  Overview of the 18 FTZs A great number of companies have signed commercial contracts or settled in the FTZs. For example, 23 business licenses are issued In Kunming Area, Yunnan FTZ on the opening’s day on

Shanghai to Expand Opening-up Medical Technology Sector

On the 13th August 2019, Shanghai Government has announced to further expand opening-up measures (“Measures”) in the service sector especially cooperation in the development and cooperation in the medical technology sector. Shanghai Government aims to promote the cooperation and development between foreign and Chinese medical technology communication, to improve the practising management of foreign physicians, to simplify the approval procedure and to encourage foreign physician to provide medical services in Shanghai. According to the Measures, Shanghai Government intends to cancel the restrictions