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Shanghai issues guideline for next stage of Lingang development

August 19, 2021

Shanghai government issued a guideline for the next stage of development of Lingang on Wednesday, two days ahead of the second anniversary of this special area of the China (Shanghai) Pilot Free Trade Zone.

With a total of 40 policies, the guideline requires Lingang to carry out institutional innovation in specific fields to upgrade the efficiency of regional administration, in particular, to deepen the reform of streamlining administration, delegating powers, while improving regulation and services.

Hence, Lingang will promote the institutional integration reform of administrative matters, deepen reform of the commercial system, and promote the registration and confirmation system of commercial subjects.