On 17 October 2013, the website of Shanghai Municipal Government published an interpretation of the Measures for the Administration of the China (Shanghai) Free Trade Pilot Zone. In such interpretations, the local administration lists all major aspects and relevant legislation regarding the Shanghai Free Trade Zone, summarizing also the main legal and organizational novelties, such as convertibility of RMB for capital accounts, use or RMB in transborder transactions, logistic and organizational advantages for import of goods, the enterprise registration system, etc. A summary of the authorities competent for the Zone with relevant powers and duties is also included.

While these interpretation do not add any new aspect to current legislation, it is however useful for investors that intend to find the right regulation governing a specific situation.

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