Clifford Chance
China unveils the blueprint for the China (Shanghai) Pilot Free Trade Zone
22 October 2013
The China (Shanghai) Pilot Free Trade Zone (Shanghai FTZ), an approximately 29 square kilometers area of land carved out of China’s commercial hub – Shanghai, was officially declared opened on 29 September 2013. The Shanghai FTZ was hailed as one of the boldest legal and economic moves in China in recent years, and was created through the General Plan for the Shanghai FTZ (GuoFa [2013] No.38) (General Plan) issued by the State Council on 27 September 2013.
