SHFTZ Corporate Innovation

FTZ Administration holds press conference to introduce corporate innovation cases
China (Shanghai) Pilot Free Trade Zone Administration held a press conference to introduce corporate innovation cases on October 10, 2014. This batch of 20 innovation cases were recommended by relevant departments of the FTZ Administration, representative offices and development companies and were chosen by a group of experts from government departments and agencies including the Shanghai Municipal Development & Reform Commission, Shanghai Municipal Commission of Commerce, Shanghai Administration for Industry & Commerce, Shanghai Customs, the Commodity Inspection Bureau, the People's Bank of China, regulatory commissions of banking, securities and insurance industries, Shanghai University of Finance and Economics, and PricewaterhouseCoopers. These cases show strong representativeness in terms of innovative concepts, innovation models and efficiency of innovation. The press conference aimed to summarize progress the zone has made in institutional innovation and function expansion since its inauguration and to encourage and guide investors to make good use of policies the zone has provided.
During the meeting, 10 corporate representatives shared their experiences from difference perspectives and in difference fields such as investment, trade and finance through vivid PowerPoint presentations. They introduced how enterprises applied innovative policies and new functions of the zone to strengthen their international competiveness. They worked out effective solutions to resolve practical problems they encountered during businesses and thus expanded business scopes and significantly improve business performances. They also had clearer plans about future development in the zone. Their speeches received strong resonance from attendees and inspired confidence in the outlook of the zone.

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