Policy Briefing on Yangshan Special Comprehensive Bonded Zone

2020-06-03 | Beijing, Shanghai

Policy Briefing on Yangshan Special Comprehensive Bonded Zone

On 3rd June, the European Chamber' Shanghai Chapter organized a seminar on the newly established Yangshan Special Comprehensive Bonded Zone. Located in China (Shanghai) Free Trade Zone Lingang Special Area and as the only special comprehensive bonded zone, the Zone takes an important role in promoting China’s all-round and high-level opening-up and focuses on the development in fields including trade in goods and services, high-end manufacturing, value-added services of international shipping and large aircraft industry. Mr. Yisong Lin, Deputy Director of China(Shanghai) Pilot FTZ Lingang Special Area Special Comprehensive Bonded Zone Division (Shipping Division), together with his team, provided an overview of the beneficial policies available for companies established in this special zone, such as innovative customs clearance and supervision system, as well as taxation and human resources policies. The presentations followed by a 40-minute Q&A from over 20 members joining the event both in person and from online.