Shanghai to further open for investors

Shanghai vows to further open markets to overseas investors. It will also pilot new policies for overseas investment in the sectors of financial services, telecommunication, internet, culture, cultural relics, and maintenance services and shipping services, said the city’s commerce and trade authorities on Thursday. More detailed policies will be introduced later this year to expand the city’s use of foreign capital. The announcement was made in alignment with a circular by the National Reform and Development Commission which encourages more active