Pudong details special fund use to strengthen role as core area of intl trade center
As the core area in Shanghai's drive to build itself into an international trade center, Pudong New Area has issued regulations on how its dedicated commerce development fund will be used to strengthen its role as the core area.
Officially titled the Implementation Rules for Supporting the Deepened Development of the Core Area of the International Trade Center with the Special Fund for the High-Quality Development of Commerce in Pudong New Area, the policy is effective from Aug 5, 2025, through Dec 31, 2027.
Key highlights are as follows:
I. Eligible entities
The policy applies to enterprises whose trade functions and resulting benefits are based in Pudong.
II. Targeted support
1. Foster cross-border e-commerce and the "Silk Road E-Commerce" industry ecosystem
- Cluster market players: Support cross-border trade platform enterprises and cross-border e-commerce businesses in expanding their operations. Recognized entities may receive tiered incentives based on their performance.
- Strengthen industry ecosystem: Encourage the development of specialized "Silk Road E-Commerce" hubs as part of the Belt and Road Initiative, and support comprehensive service providers in serving cross-border e-commerce businesses. Recognized entities will be granted incentives.
- Establish "Silk Road E-Commerce" brands: Incentives will be available for training programs that promote e-commerce development and for certified thematic brand events.
2. Promote the development of new forms of international trade
- Empower trade-oriented headquarters: Encourage such headquarters to increase sales revenue. Encourage platform-based headquarters to enhance the ecosystem-building function. Support the development of international trade distribution, and promote used vehicle exports. Recognized entities will be granted incentives.
- Encourage market diversification: Eligible small and micro foreign trade enterprises with annual exports between $5 million to $8 million (included) in 2025 may apply for one government-backed export credit insurance policy. Support will be given to high-tech enterprises in exporting products (including intermediate products), and enterprises are encouraged to attend overseas exhibitions to broaden trade channels. Recognized entities will be granted incentives.
- Facilitate trade facilitation: Support the development of key import and export public service platforms by subsidizing their service costs they incur in assisting enterprises with customs clearance. Encourage companies to obtain Authorized Economic Operators certification and to participate in the Customs' comprehensive tax governance and ERP-based supervision reform pilot. Recognized entities will receive a one-time incentive.
3. Other trade center development matters approved by the municipal and district governments.
III. Fund application
The Pudong New Area commission of commerce will annually release fund application guidelines within the policy's effective period, specifying support standards and application conditions.
Additionally, if new regulations are issued by national or municipal authorities during the implementation of this policy, it will be adjusted accordingly.
Source: Pudong New Area
Note: The above content is for reference only. In case of any discrepancies, the Chinese version shall prevail.