-

Shanghai revises guidelines for service sector funds
Shanghai has updated its guidelines for the use and management of service sector development funds to support investment and foster innovation in the service industry.
-

Shanghai offers 5,000 yuan subsidy for eligible departure tax refund stores
Shanghai is providing a 5,000 yuan ($704) subsidy to eligible departure tax refund stores, with no application required.
-

Shanghai expands FTZ reforms with new linked innovation zones
Shanghai has recently released the plan for building the second phase of linked innovation zones under the China (Shanghai) Pilot Free Trade Zone.
-

Shanghai unveils action plan to boost smart terminal industry
Shanghai released an action plan for its smart terminal industry on Oct 14, targeting a total industry scale of over 300 billion yuan ($42.1 billion) by 2027.
-

Shanghai sets ambitious future industry goals for 2030
Shanghai announced a strategic goal on Oct 11 to become a globally influential leader in future industries by 2030.
-

Latest global partners program aims to attract foreign investment
Shanghai has revised its implementation measures for the global partners program to promote foreign investment.
-

How prequalification accelerates patent approval to as fast as 3 months
The patent prequalification service provided by the Shanghai Intellectual Property Protection Center (SIPPC) has reduced the average approval period for invention patents from 2-3 years to just 3-6 months.
-

Quick guide | 'Packaging and coding' pilot for tax-free shopping
Shanghai has launched a new "packaging and coding" pilot program designed to make tax-free shopping faster and more convenient for overseas visitors.
-

Shanghai releases plan to power high-end medical device industry
Shanghai has unveiled an action plan to boost the development of high-end medical devices, emphasizing innovation and industrial aggregation.
-

Shanghai rolls out plan to boost used car exports
Shanghai unveiled an action plan on promoting the city's used car exports on Sept 12, with the goal of raising the city's export volume to 50,000 units by 2027.