Shanghai free trade zone Major Functions

Shanghai free trade zone Major Functions

Shanghai free trade zone Major Functions
Basic Function
 
International Trade: 
All sorts of trade can be conducted in the free trade zones, including import and export, re-export, offshore trade, service trade, etc.
 
Modern Logistics: 
A comprehensive logistics service is available in the free trade zones, including warehousing for bonded goods, procurement and distribution, supply chain management, etc.
 
Exhibition and Trade: 
Merchants can have their bonded cargos and commodities exhibited in the free trade zones and a whole set of services is available for import and export agents, exhibitors and companies’ after-sale.
 
Research and Development and Manufacturing:
Companies in the free trade zones can carry out manufacturing, software development, research and development of pharmaceutical products and other outsourcing services.
 
 
 
Innovative Functions
 
Financial Leasing: 
Besides launching aircrafts and single-vessel leasing projects and other special purpose vehicle leasing projects, other SPV projects will be extended to marine engineering, complete sets of heavy equipment, railway transportation equipment and other areas. We're also seeking to build up an assets securitization and transferring platform, providing high-end shipping financial service.
 
Settlement Center for International Trade: 
We will simplify foreign currency settlement procedures on the basis of each company's credit record. We'll allow qualified enterprises to open a special foreign currency account to deal with international trade settlement.
 
Bonded Futures Settlement: 
Bonded cargos can be used as the subject matter for futures contracts in domestic futures transaction platforms.
 
International Container Reconsolidation Service: 
Cargos that have arrived at Shanghai ports can be sorted and re-packed inside the free trade zones to be distributed as new containers to overseas destinations. 

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