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The shanghai Free-Trade Zone: Development Plans

The Establishment of the **free-trade zone (FTZ)** in shanghai, China, in 2013 was a result of the Chinese government plan. The main goal of this process was to implement **economic and social reforms** with the maximum efficiency. **The shanghai FTZ has many advantages** for both - domestic companies and foreign businesses. In early November 2017, the FTZ released its development plan for th...

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shanghai Free Trade Zone: the updates

We have already notified our clients about the pilot project of the **Free Trade Zone (FTZ)** in China. Its development plan was released in November 2017. The main idea is to create a unique space in shanghai where international and Chinese companies will be able to function according to the international standards. The Chinese government claims that the FTZ will be mostly governed by the Eu...

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shanghai International Money Fair Expo

**Offshorelicense** would like to thank you all for taking your time to visit our stand during shanghai International Money Fair Expo, December 14-16, 2018. It was our great pleasure to meeting you and we feel deeply honoured to receiving a chance to discuss your potential projects and business in general. During the exhibition **Offshorelicense** have been interviewed by Chinese finance new...

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HSBC Hong Kong Bank Account Opening

The Hong Kong and shanghai Banking Corporation Limited is the founding member of the HSBC Group. Established in 1865 to finance the growing trade between Asia and Europe, it has become the biggest bank incorporated in Hong Kong.Account opening: 7-14 working days Overview: From the late 1950s the bank began to grow and diversify by acquiring other banks, including Hong Kong...

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HSBC Hong Kong Bank Account Opening

The Hong Kong and shanghai Banking Corporation Limited is the founding member of the HSBC Group. Established in 1865 to finance the growing trade between Asia and Europe, it has become the biggest bank incorporated in Hong Kong.Account opening: 7-14 working days Overview: From the late 1950s the bank began to grow and diversify by acquiring other banks, including Hong Kong...

Path: Banks
The great step towards China

...cense. Offshorelicense Ltd view the first trip to China as a successful basis for a long-term development and hopes to expand further in the region. The next few steps would also include visiting international expos in other cities, for instance, shanghai International Money Fair in December. Offshorelicense Ltd will keep you updated regarding further plans and actions.

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Chinese financial services opening up to foreigners

... as those with domestic capital**. Moving forward to stock markets - changes will apply as well. From the May 1st, 2018, daily stock quota between the Hong Kong and mainland will change. Hong Kong-bound investment will be increased to CNY42bn and shanghai-bound and Shenzhen-bound to CNY52bn for investment. These **changes will open new ways for traders and will allow them to broaden cross-borde...

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Blockchain technology to be used for cross-border forex transfer in China

...in the deal alongside with regulators. The initial development of the platform has been completed, SAFE most probably wants to pilot the project for six months in the three main trading provinces - Jiangsu, Zhejiang and Fujian – and two cities, shanghai and Chongqing. The project will be useful not only for business, but also help financial institutions better regulate the industry, a...

Path: Blog