Circular on Printing and Issuing the Several Opinions of the State Administration for Industry & Commerce on Supporting the Construction of China (Shanghai) Pilot Free Trade Zone

Circular on Printing and Issuing the Several Opinions of the State Administration for Industry & Commerce on Supporting the Construction of China (Shanghai) Pilot Free Trade Zone

Circular on Printing and Issuing the Several Opinions of the State Administration for Industry & Commerce on Supporting the Construction of China (Shanghai) Pilot Free Trade Zone

Gong Shang Wai Qi Zi [2013] No.147

September 26, 2013

Shanghai Administration for Industry & Commerce,

The Several Opinions of the State Administration for Industry & Commerce on Supporting the Construction of China (Shanghai) Pilot Free Trade Zone, which were passed at the executive meeting of the State Administration for Industry & Commerce upon deliberation on September 16, 2013, are hereby printed and issued to you for your careful implementation.

Several Opinions of the State Administration for Industry & Commerce on Supporting the Construction of China (Shanghai) Pilot Free Trade Zone

The establishment of China (Shanghai) Pilot Free Trade Zone (hereinafter referred to as the "Pilot Zone") is an important measure to follow out the spirits of the 18th National Congress of the Communist Party of China and implement more proactive opening strategy. The Pilot Zone undertakes the missions that China should more deeply participate in international competition in the new age, comprehensively enhance the level of open economy and speed up the transformation of economic development mode, and caters for the strategic demands of China. Shanghai Administration for Industry & Commerce shall give full play to functions of administration for industry and commerce, which is of great significance to promoting the construction of the Pilot Zone and achieving the promotion of development, reform and innovation by opening up, thereby forming repeatable and extendable experience. The following opinions are hereby put forward according to the spirit of Circular of the State Council on Printing and Distributing the Overall Plan for China (Shanghai) Pilot Free Trade Zone and the actual demands of the Pilot Zone and in the principle of reform, innovation, pilot and first move.
 
Article 1 Conduct Pilot Reform of Industrial and Commercial Registration System and Optimize Business Environment in the Pilot Zone
1. Try out the registration system of subscription of registered capital.
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