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ARTICLE · 18 NOVEMBER 2014

TMT Liberalized In The Shanghai FTZ: Part 1

Herbert Smith Freehills Kramer
Explore more from Herbert Smith Freehills Kramer

The China (Shanghai) Foreign Trade Zone (Shanghai FTZ) has new opportunities for foreign investors wishing to invest in or expand value-added telecommunication services (VATS) operations in China.

ChinaGovernment, Public Sector
Karen Ip
Karen Ip
Huang Yilin
Huang Yilin

The China (Shanghai) Foreign Trade Zone (Shanghai FTZ) has new opportunities for foreign investors wishing to invest in or expand value-added telecommunication services (VATS) operations in China. Foreign investors are now allowed to invest in the Shanghai FTZ to engage in VATS operations that, outside the Shanghai FTZ, are either not open to foreign investment or are subject to greater restrictions on foreign ownership.

The Shanghai FTZ, formally launched in September 2013, is a pilot ground for China's economic, financial and industrial reform and innovation. Various rules have relaxed foreign investment restrictions in certain business sectors, including VATS, in the Shanghai FTZ.

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