Shanghai to scrap all foreign investment limits on manufacturing

Source: China – South China Morning PostMainland China’s commercial and financial hub Shanghai has pledged to remove all regulatory hurdles for foreign investors to set up manufacturing businesses, as authorities move to shore up confidence in the local and national economies despite rising US-China trade tensions.
Mayor Gong Zheng said on Sunday that deepened reforms had been carried out to grant overseas companies in the fields of electric vehicles, value-added telecommunications services, biotechnology and hospitals full access to…Read More

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