New policy for China (Hainan) pilot Free Trade Zone

On November 19, the Ministry of Commerce and other 18 departments jointly issued the pilot policy of China (Hainan) pilot free trade zone. There are 30 policies in four aspects. Support the establishment of ports for the first import of drugs and biological products, and allow foreign law firms to associate with Chinese law firms; Support private funds to enter the financial industry and strengthen strategic cooperation with overseas RMB offshore market; Allow to hire foreign ships for temporary transportation under specific conditions, and international ship management enterprises for seafarer assignment service; Explore the establishment of a complementary mechanism betweenRead More →

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