List of Shanghai National Development Zones

Shanghai is home to 20 national development zones, which are special economic zones established by the Chinese government to attract foreign investment and promote economic development. These zones offer a number of incentives to businesses, including tax breaks, reduced regulations, and access to infrastructure and other resources.

The National Development Zones refer to the Economic and Technological development zones, Customs supervision Zones or Bonded zones, High-Tech industrial development zones, Tourism Zones, and others, which are approved by the State Council.

In 2018, the government published the China Development Zone Announcement List 2018. According to the List, there are 2543 Development Zones in China, including 552 National Development Zones and 1991 Provincial Development Zones.

A total of 20 National Development Zones in Shanghai are also included in the list, among them, 6 zones are National Economical and Technological Zones, 2 of them are National High-Tech Industrial Development Zones, 10 are National Customs supervision Zones and 2 are other Zones.

Types of China Development Zones

The National Economic and Technological Development Zone is the earliest development zone, The set function is to attract foreign investment, introduce advanced manufacturing industry, expand export and earn foreign exchange, and replace the import of advanced materials and parts. National Economic development zones give priority to coastal port cities and inland transport hub cities, which are generally transport hubs.

In 1984, China established the first batch of National Economic and Technological development zones in 14 coastal open cities, along the country’s southern coast as Shenzhen, Zhuhai, Shantou, Xiamen, etc, acted as doorways for the government to attract Foreign Direct Investment (FDI).

China National High Tech Industrial Development Zones, refer to National science and technology industrial parks approved by the China State Council. They usually select the places where colleges and universities, scientific research institutions gather and scientific research strength is strong.

The National Customs supervision Zones are Customs supervising areas, which are established at the national opening of the ports areas connected to a specific region, with the functions of porting, physical distribution, processing, and so on.

The other National Zones focus on Finance, Tourism, Cross-border Trading, etc.

List of Shanghai National Economy and Technology Zone

List of Shanghai National High-Tech Industrial Development Zones

List of Shanghai National Customs Supervision Zones

List of Other Shanghai National Zones

Why invest in a development zone?

The convenience of established infrastructure reserved land and one-stop services available in National development Zones simplify the process of entry into China.

There are lots of advantages to setting up a company in the National Development Zone. Below take High-Tech SMEs as an example.

High-Tech established enterprises can reduce or avoid the renting fee.

If the enterprise meets the certification requirements, registering in the National Development Zones will get a legally registered address.

Tax cuts and other concessions

Registering in the Zones will enjoy a tax refund policy. Generally, the tax refund policy of each zone makes no difference. The business tax returns 35%, of local income, and the value-added tax returns up to 7%.

Preferential policies

Shanghai is home to 20 national development zones, which are special economic zones established by the Chinese government to attract foreign investment and promote economic development. These zones offer a number of incentives to businesses, including tax breaks, reduced regulations, and access to infrastructure and other resources. However, registered enterprises have priority to obtain office or industrial land. Also, other government include Government fee discounts and financial funds that could be subsidized as support.