China provides zero duties to overseas buyers | EUROtoday

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Foreigners, welcome to Shanghai, within the Kingdom of Tesla. The spirit of Elon Musk, a controversial architect of the dash of Donald Trump 2.0, hovers on the Urbi and orbi presentation of the funding alternatives of the brand new space of ​​the Free Trade Zone of Lingang, an space exterminated south -east of Shanghai, the evolution of the “old” Waigaoqiao, situated additional north. At Lingang Musk he discovered his cradle to develop his zero duties electrical creature, at present the Gigafactory of EV of Elon is the flagship of the brand new Free Trade Zone, the place the primary stone was positioned, in 2018, as proven by the photographs exhibiting a younger Musk whereas signing the memorandum of understanding with native authorities. Tesla is without doubt one of the 75 thousand corporations with complete overseas capital who’ve discovered a house right here.

Yesterday Milanese stage of an extended tour of the delegation, organized by Bank of China, business consulate and commerce of the Chinese corporations in Italy. Primary activity is to draw investments and illustrate to corporations what Lingang is.

“A bridge on the whole world”, can afford to say Chen Jinhan, a excessive officer with a really lengthy qualification: member of the Permanent Committee of the Municipal Committee of Shanghai, secretary of the social gathering committee and director of the Management Committee of the brand new Lingang space.

In this dystopian world through which the US proclaim a return to the venue, extending the duties, China launching the supply of a system of financial freedom that brings income, an automatic and superior manufacturing subsequent to Piong third stopover of the world, on the port of Shanghai the biggest on the planet.

Investment, freedom, open system. International degree setting. Industrial clustering. High Tech investments. Attraction of abilities, with launch given 5 years for overseas abilities who need to transfer to China.