The State Council Adjusts The Admission Measures Of Shanghai Free Trade Zone. Foreign Capital Can Be Wholly Owned By Railway Freight And Other Businesses.

The State Council recently issued a document to further adjust China (Shanghai) free trade pilot area access measures, allowing foreign sole proprietorship to engage in wholesale salt, railway freight business, photographic services, international maritime cargo handling and so on.

In order to meet the needs of further opening up in China (Shanghai) free trade pilot area, the State Council has decided to temporarily adjust and implement special management measures such as the People's Republic of China international maritime regulations, the People's Republic of China certification and accreditation Ordinance, the salt industry management regulations, the foreign investment industry guidance catalogue, the automobile industry development policy and the regulations on foreign investment civil aviation industry.

Projects that can be invested after adjustment may include: allowing foreign businessmen to engage in wholesale salt, wholesale, retail and distribution of vegetable oil, sugar, fertilizer, retail and distribution of grain, cotton, railway freight pport, photographic services, etc., and eliminate foreign investment in the manufacture of all kinds of ordinary bearings and spare parts, blanks, hydraulic excavators below 15 tonnes, and 3 ton wheeled loaders, general polyester filament and staple fiber equipment manufacturing, mail order and general merchandise online sales, real estate intermediaries or brokerage companies, and allowing foreign joint ventures to engage in Sino traditional green tea processing.

只能以合作和合资方式参与的项目，经调整后可独资的项目有：国际海运货物装卸、国际海运集装箱站和堆场业务，提高原油采收率及相关新技术开发应用，物探、钻井等石油勘探开发新技术的开发应用，利用境外木材资源的单条生产线年产30万吨及以上规模化学木浆和单条生产线年产10万吨及以上规模化学机械木浆及同步建设的高档纸及纸板生产，400吨及以上轮式、履带式起重机械制造，汽车电子总线网络技术、电动助力转向系统电子控制器制造研发，高速铁路、铁路客运专线、城际铁路配套的乘客服务设施、轨道和桥梁设备研发制造，豪华游轮、游艇设计，航空发动机零部件设计、制造与维修，大排量摩托车关键零部件制造，符合欧盟RoHS指令的电器触头材料及无铅、镉的焊料制造，地方铁路及其桥梁、隧道、轮渡和站场设施建设、经营，航空运输销售代理业务

。

The projects that have changed in investment and holding ratio include: allowing foreign businessmen to engage in the design of ship cabin machinery in the form of sole proprietorship, producing less than 250ml motorcycles, allowing foreign businessmen to engage in public international shipping agency business in the form of joint ventures and cooperation, and the shareholding ratio of foreign parties is relaxed to 51%.

In addition, the restrictions on foreign investment import and export certification companies should be abolished, and the qualification requirements for investors should be abolished.