King & Wood Mallesons

Asia-Pacific 100 position: 3

Making sense of the Shanghai Free Trade Zone

Shanghai’s new Free Trade Zone (FTZ) boasts a number of firsts, not least the speed of its creation. From a few oblique media references through the middle of 2013, the FTZ has raced through government approvals, receiving State Council (the highest body in China) approval in August and formally launching at the end of September, accompanied by a blaze of media interest.

So what exactly is the Shanghai FTZ and what does it mean for international business? The first thing notable about the FTZ is its modest size — just a narrow coastal strip of the extended Shanghai metropolitan area and covering 29km².

However, the Chinese government has historically preferred using contained pilot programmes as the launching pad for more widespread reform. Depending on the success of the implementation process, the Shanghai FTZ model may well become the blueprint for more widespread economic reform both in Shanghai and across the country…

If you are registered and logged in to the site, click on the link below to read the rest of the King & Wood Mallesons briefing. If not, please register or sign in with your details below.

Sign in or Register to continue reading this article

Sign in

Register

It's quick, easy and free!

It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.

Register now

Why register to The Lawyer

 

Industry insight

In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.

 

Market intelligence

Identify the major players and business opportunities within a particular region through our series of free, special reports.

 

Email newsletters

Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.

More relevant to you

To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.

Analysis from The Lawyer

View more analysis from The Lawyer

Overview

Level 61, Governor Phillip Tower
1 Farrer Place
Sydney
NSW 2000
Australia
http://www.kwm.com

Jurisdiction: PRC/Australia
No. of offices: 20
No. of qualified lawyers: 1,252