Shanghai Free-Trade Zone
Shanghai Free-Trade Zone (Shanghai FTZ or SFTZ), officially China (Shanghai) Pilot Free-Trade Zone, is a free-trade zone in Shanghai, China. On 22 August 2013, the State Council approved the establishment of the zone. Officially launched on 29 September 2013 with the backing of Chinese Premier Li Keqiang, it is the first free-trade zone in mainland China and covers an area of . Shanghai FTZ integrates four existing bonded zones in the district of Pudong—Waigaoqiao Free Trade Zone, Waigaoqiao Free Trade Logistics Park, Yangshan Free Trade Port Area and Pudong Airport Comprehensive Free Trade Zone. Since 21 April 2015, the zone's areas have been expanded to include Lujiazui Financial and Trade Zone, Shanghai Jinqiao Economic and Technological Development Zone (formerly Jinqiao Export Processing Zone) and Zhangjiang Hi-Tech Park. On 6 August 2019, Shanghai FTZ's areas were expanded again to include Nanhui New City (Lingang New City), Lingang Equipment Industry Area, Xiao Y ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Direct-controlled Municipalities Of China
A direct-administrated municipality (), commonly known as municipality, is the highest level of classification for cities used by the People's Republic of China. These cities have the same rank as provinces and form part of the first tier of administrative divisions of China. A municipality is a "city" () with "provincial" () power under a unified jurisdiction. As such, it is simultaneously a city and a province in its own right. A municipality is often not a "city" in the usual sense of the term (i.e. a large continuous urban settlement), but instead an administrative unit comprising, typically, a main central urban area (a city in the usual sense, usually with the same name as the municipality) and its much larger surrounding rural area containing many smaller cities (districts and subdistricts), towns and villages. The larger municipality spans over . To distinguish a "municipality" from its actual urban area (the traditional meaning of the word ''city''), the term "urban ar ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Yangshan Port
Yangshan Port (Chinese: , p ''Yángshān Gǎng'', Wu ''Yan-se Kaon''), formally the Yangshan Deep-Water Port (, p ''Yángshān Shēnshuǐ Gǎng'', Wu ''Yan-se Sen-sy Kaon''), is a deep water port for container ships in Hangzhou Bay south of Shanghai. The port is part of the Maritime Silk Road. The port is built on the islands of Greater and Lesser Yangshan, part of the Zhoushan archipelago, with fill from land reclamation. Connected to Shanghai's Pudong New Area by the Donghai Bridge and forming part of the Port of Shanghai, the islands of Greater and Lesser Yangshan are administered separately as part of Zhejiang's Shengsi County. Built to allow the Port of Shanghai to grow despite shallow waters near the shore, it allows berths with depths of up to to be built, and can handle today's largest container ships. In mid-2011, port officials said the port was on track to move 12.3 million Twenty-foot equivalent units (TEUs) during the year, up from 10.1 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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China Unicom
China United Network Communications Group Co., Ltd. () or China Unicom () (CUniq in short) is a Chinese state-owned telecommunications operator. Started as a wireless paging and GSM mobile operator, it currently provides a range of services including mobile network, long-distance, local calling, data communication, Internet services, and IP telephony. History China Unicom (known as Pinyin: Zhōngguó liánhé tōngxìn yǒuxiàn gōngsī at that time) was founded as a state-owned enterprise on 18 June 1994 by the Ministry of Railways, the Ministry of Electronics and the Ministry of Electric Power Industry ; the establishment was approved by the State Council in December 1993. China Unicom has operated a CDMA network in Macau since October18, 2006 and internet services in North Korea since 2010. , the company had 125 million GSM subscribers and 43 million CDMA subscribers. As of November 2008 the CDMA operations have been moved to China Telecommunications Corporation (Chi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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China Mobile
China Mobile is the trade name of both China Mobile Limited () and its ultimate controlling shareholder, China Mobile Communications Group Co., Ltd. (, formerly known as China Mobile Communications Corporation, "CMCC"), a Chinese state-ownedStrait deals ''The Economist'', 7 May 2009 company. China Mobile Limited provides mobile voice and multimedia services through its nationwide mobile telecommunications network across mainland China and Hong Kong. China Mobile is the largest wireless carrier in China, with 945.50 million subscribers as of June 2021. China Mobile Limited is listed on the Hong Kong Stock Exchange.Overview China Mobile Limited Official Site It is the world's largest mobile network operator ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Yangshan Deep-Water Port
Yangshan Port (Chinese: , p ''Yángshān Gǎng'', Wu ''Yan-se Kaon''), formally the Yangshan Deep-Water Port (, p ''Yángshān Shēnshuǐ Gǎng'', Wu ''Yan-se Sen-sy Kaon''), is a deep water port for container ships in Hangzhou Bay south of Shanghai. The port is part of the Maritime Silk Road. The port is built on the islands of Greater and Lesser Yangshan, part of the Zhoushan archipelago, with fill from land reclamation. Connected to Shanghai's Pudong New Area by the Donghai Bridge and forming part of the Port of Shanghai, the islands of Greater and Lesser Yangshan are administered separately as part of Zhejiang's Shengsi County. Built to allow the Port of Shanghai to grow despite shallow waters near the shore, it allows berths with depths of up to to be built, and can handle today's largest container ships. In mid-2011, port officials said the port was on track to move 12.3 million Twenty-foot equivalent units (TEUs) during the year, up from 10.1 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Taobao
Taobao () is a Chinese online shopping platform. It is headquartered in Hangzhou and is owned by Alibaba. According to Alexa rank, it is the eighth most-visited website globally in 2021. Taobao.com was registered on April 21, 2003 by Alibaba Cloud Computing (Beijing) Co., Ltd. Taobao Marketplace facilitates consumer-to-consumer retail by providing a platform for small businesses and individual entrepreneurs to open online stores that mainly cater to consumers in Chinese-speaking regions (Mainland China, Hong Kong, Macau and Taiwan) and abroad, which is made payable by online accounts. Its stores usually offer an express delivery service. Sellers are able to post goods for sale either through a fixed price or an auction. Auctions make up a small percentage of transactions, whereas the majority of the products are new merchandise sold at fixed prices. Taobao users usually read feedback and compare items from multiple shops. Taobao's popular payment platform is Alibaba's Alipay ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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General Administration Of Customs
The General Administration of Customs (GAC; ) is a ministry-level administrative agency within the government of the People's Republic of China. It is responsible for the collection of value added tax (VAT), customs duties, excise duties, and other indirect taxes such as air passenger duty, climate change levy, insurance premium tax, landfill tax and aggregates levy. It is also responsible for managing the import and export of goods and services into mainland China. The current director is Ni Yuefeng, appointed in March 2018. Customs emblem The emblem was designed by a customs officer named Chen Tiebao () in 1951. The emblem consists of a golden key and the Caduceus of Hermes, crossing with each other. It was officially adopted on 1 October 1953. The emblem was not used from 1966 to 1985, as it was considered "too capitalist". [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Foreign Investment Law Of The People's Republic Of China
The Foreign Investment Law is a law of the People's Republic of China governing foreign direct investment in China. The law was adopted by the National People's Congress on March 15, 2019, and came into effect on January 1, 2020. It replaces the Law of the People's Republic of China on Sino-Foreign Equity Joint Ventures, the Law of the People's Republic of China on Wholly Foreign-owned Enterprises, and the Law of the People's Republic of China on Sino-Foreign Cooperative Joint Ventures. History Soon after China's reform and opening up, the country adopted its first law on equity joint ventures in 1979, and the laws on wholly foreign-owned enterprises and cooperative joint ventures were enacted in the 1980s. Over the past decades, they have provided legal safeguards for foreign firms and promoted foreign investment and cooperation in China. As China becomes one of the world's top recipients of FDI, with some 960,000 foreign-invested enterprises and over 2.1 trillion US dollars of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Negative List Of Foreign Investment In China
Negative list is a management model of foreign investment established in China and legalized by the Foreign Investment Law of the People's Republic of China, which comes into effect on January 1, 2020. It refers to special administrative measures for the access of foreign investment in certain industries or areas. The Chinese government gives national treatment to foreign investment beyond the negative list, which is issued by or upon approval by China's central government, the State Council. Industries not on the list are open for investment to all businesses and will not require pre-approval by the Chinese government. The first trial version of the negative list was issued in 2016 in four provincial regions with pilot free trade zones ( FTZs). It was extended to another 11 provinces and cities in 2017, and a nationwide list was issued a year later. On November 22, 2019, China issued its 2019 version of the unified negative list for market access. It replaces the previous regime of f ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Shanghai Municipal Government
The Politics of Shanghai is structured in a dual party-government system like all other governing institutions in the mainland of the People's Republic of China (PRC). In the last few decades the city has produced many of the country's eventual senior leaders, including Jiang Zemin, Zhu Rongji, Wu Bangguo, Huang Ju, Xi Jinping, Yu Zhengsheng, Han Zheng, and Li Qiang. Overview The Mayor of the Shanghai Municipal People's Government (上海市人民政府市长, shorten as 上海市市长 ''ie'' Mayor of Shanghai Municipality) is the highest ranking executive official in Shanghai. Since Shanghai is a direct-controlled municipality of China, the Mayor occupies the same level in the order of precedence as provincial governors. However, in the city's dual party-government governing system, the mayor has less power than the Communist Party of China Shanghai Municipal Committee Secretary (中国共产党上海市委员会书记, shorten as 中共上海市委书记), colloquially t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Waigaoqiao
Shanghai Waigaoqiao Free Trade Zone (), was the first Free Trade Zone to be established in China. It is situated in the North East of Pudong District, near the end of Metro Line 6. It was incorporated as part of the newly developed China (Shanghai) Pilot Free-Trade Zone Shanghai Free-Trade Zone (Shanghai FTZ or SFTZ), officially China (Shanghai) Pilot Free-Trade Zone, is a free-trade zone in Shanghai, China. On 22 August 2013, the State Council approved the establishment of the zone. Officially launched on 29 ... on September29, 2013. References {{coord, 31.337, 121.593, display=t Special Economic Zones of China Economy of Shanghai Pudong Township-level divisions of Shanghai ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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State Administration Of Foreign Exchange
The State Administration of Foreign Exchange (SAFE) of the People's Republic of China is an administrative agency under the State Council tasked with drafting rules and regulations governing foreign exchange market activities, and managing the state foreign-exchange reserves, which at the end of December 2016 stood at $3.01 trillion for the People's Bank of China. The current director is Pan Gongsheng. Role SAFE's existence and role were initially closely guarded secrets, its subsidiaries were minor, but the funds under management have increased significantly in recent years. They were responsible for running SAFE's portfolio across the various time zones, replicating the investments of head office in Beijing.Jamil AnderliniChina investment arm emerges from shadows, ''Financial Times'', 5 January 2008 SAFE created and controlled the Central Huijin Investment, but in September 2007, it ceded control to the newly formed sovereign wealth fund, China Investment Corporation. With ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |