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Shanghai Expands Free Trade Accounts to Boost Cross-Border Finance
Shanghai's Pudong New Area passed provisions on March 27th, 2025, to promote free trade (FT) accounts, effective May 1st, aiming to boost cross-border financial services and attract foreign investment, building on 170,000 existing accounts by the end of 2024.
Shanghai Expands Free Trade Accounts to Boost Cross-Border Finance
Shanghai's Pudong New Area passed provisions on March 27th, 2025, to promote free trade (FT) accounts, effective May 1st, aiming to boost cross-border financial services and attract foreign investment, building on 170,000 existing accounts by the end of 2024.
Progress
48% Bias Score
Decent Work and Economic Growth
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