ASIAPEDIA
Q&A
What policies were introduced in the FTZ's original Framework Plan for the logistics industry?
What policies were introduced in the FTZ's original Framework Plan for the logistics industry?
• Relaxation of restrictions on cargo relay via Shanghai Port by foreign ships owned or indirectly owned by Chinese-invested enterprises.
• Relaxation of limitations on the share of foreign ownership in ship management enterprises, under which wholly foreign-owned
enterprises may be established in the Shanghai FTZ.
• Establishment of an international ship registration system, under which a controlling share of foreign investment is permitted for the
registering entity. Additionally, the registration system newly relaxes “age of vessel” standards and institutes a filing rather than approval
system for foreign crew members. Lastly, the system introduces a dual port of registry system based on the duty status of ships and
expands the registry categories to include the financial leasing of vessels.
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