23 April 2019

Shanghai eyes shipping freight derivatives trading, website says

Shanghai has proposed an international shipping freight derivatives exchange in its free trade zone, financial news portal reported Thursday, citing the national transport bureau. Meanwhile, a pilot tax rebate policy will be expanded. Under the policy, goods shipped from their ports of departure to pilot ports for transshipment overseas are entitled to a tax rebate once their departure has been verified, the report said.

– Contact HKEJ at [email protected]



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