Tuesday, January 13, 2015

China to allow wholly foreign-owned ecommerce companies in Shanghai Free Trade Zone

In an announcement publicized on Tuesday, China’s Ministry of Industry and Information Technology (MIIT) announced that the country is loosening regulations in its Shanghai Free Trade Zone, and will now permit wholly-foreign-owned companies to operate within that zone in the “online data processing” and “transaction handling” industries. The announcement specifically states that this includes ecommerce […]



from Tech in Asia https://www.techinasia.com/china-wholly-foreignowned-ecommerce-companies-shanghai-free-trade-zone/

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