19 August 2019

FTZ registrations top 7,400 in six months, paper says

A total of 7,492 companies, including 628 foreign private enterprises, have registered in the Shanghai Free Trade Zone (FTZ) in the six months since its launch, Shanghai Securities News reported Monday. The average registered capital of domestic companies in the FTZ is 21.16 million yuan (US$3.41 million) while that of foreign companies is US$4.68 million. If pending applications are included, the number of registered companies could hit 10,000, the report said.

– Contact HKEJ at [email protected]



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