In order to further amplify the radiating and driving effect of Shanghai Pilot Free Trade Zone, promote the linkage and integration between Jing’an District and the Pilot Free Trade Zone, and explore and form institutional achievements with Jing’an characteristics that can be replicated and promoted, so as to further enhance the development momentum of the central urban area, and support Shanghai in achieving new breakthroughs in the process of high-level reform and opening up, this Implementation Plan is hereby formulated in accordance with the requirements of the Notice on Issuing the Construction Plan for the Second Batch of Shanghai Pilot Free Trade Zone Linked Innovation Zones (CSPFTZPWLG [2025] No. 2).

I. Optimizing the Trade Supply Level and Unlocking the Carrying Capacity of Fashion Consumption

1. Enhancing consumption convenience for inbound travelers. Jing’an District will continue to promote the development of a demonstration zone for an international consumption center city. Centered around Zhangyuan, we will create a “5-minute instant tax refund circle” that radiates to the West Nanjing Road and other commercial areas. We will also upgrade the “refund-upon-purchase” service for instant tax refunds across the entire District, continue to polish the “EASY Refund” service brand, and add centralized refund payment points and citywide inter-acceptable refund points. We will deepen the “tax refund + duty-free + bonded” three-taxes linkage model. In addition, we will optimize the diversified tax refund payment system, supporting various settlement methods such as Alipay and digital RMB. (Responsible entities: the District Commerce Commission, and the District Tax Bureau)

2. Innovating the “Bonded + Consumption” Linkage Model. We will step up the application of smart supervision technologies at the Zhangyuan Bonded Warehouse and establish a three-dimensional customs digital supervision system. We will advance pilot projects for bonded display and trading, smooth the operational pathway for “demand-based warehouse expansion”, and enable the bonded display and trading function to radiate to a broader scope.  We will also explore the direct handling of centralized declaration procedures for artworks, luxury goods, jewelry, and other items sold under bonded display status. For goods that are not subject to inspection or licensing requirements, we will explore regular declarations, customs clearance, and duty payment with customs, creating a “take away upon purchase” consumption experience. (Responsible entities: the District Commerce Commission, and the District Bureau of Culture and Tourism)

3. Supporting the development of the debut economy. We will implement a “whitelist + differentiated conformity assessment” inspection model for debut import consumer goods to improve customs clearance efficiency for debut imported products. We will optimize the green service channel for the “debut economy” and explore “one-stop” integrated services (whitelist system) for major events, enabling rapid process and implementation of high-caliber commercial projects. We will continuously expand pilot brands and product categories, engage more partners in the debut economy, and support the launch of more high-level debut and first-show events of international brands. (Responsible entity: the District Commerce Commission)

4. Innovating the cosmetics supervision and service model. We will steadily carry out pilot projects for customized cosmetics services, and pilot sites may independently conduct small-batch simple blending, repackaging, and other services for two or more types of filed ordinary cosmetics. We will leverage functional platforms such as the Jing’an District Cosmetics Registration and Filing Consulting Service Workstation and the Cosmetics AI Government Service Platform to establish a normalized supervision and service model. We will expand the international cosmetics trade platform by integrating industrial funds, research institutions, and cross-border cooperation carriers, aiming to create a global source of cosmetic technology innovation and a trade hub for the beauty industry. (Responsible entities:  the  District Market Supervision Administration, the District Commerce Commission, and the District Science & Technology and Economy Commission)

5. Enhancing trade clearance facilitation. Enterprises will be encouraged to leverage cross-border e-invoice interoperability platforms such as PEPPOL to conduct cross-border e-invoice interoperability, thereby shortening cross-border settlement cycles. Jing’an District’s “1+4” AEO district-wide certification guidance center will be leveraged to promote the preferred cultivation of AEO certification for import and export enterprises. Active explorations will be made of the application of clearance facilitation measures for artwork display at high-level art venues such as the UCCA. (Responsible entities: the District Commerce Commission, and the District Bureau of  Culture and Tourism)

6. Promoting the innovative development of new types of trade. We will promote more enterprises within the District to be included in the list of offshore economic and trade businesses, and support digital platforms such as “Offshore Link” and “Cross-border Link” in integrating with the Shanghai International Trade Single Window. We will make every effort to advance the construction of a digital platform for the service and trade of the aviation and maritime industries, deeply connect with system data from national ministries and commissions including the State Taxation Administration and the General Administration of Customs, and build cross-departmental data integration capabilities. In addition, we will focus on enterprises in industries such as biomedicine and data intelligence, and leverage special customs supervision areas to develop “bonded+” new business forms such as bonded R&D and design.(Responsible entities: the District Commerce Commission, the District Data Bureau, and the District Science & Technology and Economy Commission)

II. Deepening Financial Opening-Up to Enhance Global Resource Allocation Capacity

7. Improving investment facilitation. When a foreign-invested enterprise conducts onshore reinvestment, if the investee enterprise or the equity transferor is an enterprise registered within the pilot area, there is no need to go through the registration procedures for receiving onshore reinvestment. We will undertake the registration work of resident representative offices of foreign (regional) enterprises. (Responsible entities: the District Investment Service Office, the District Commerce Commission, and the District Market Supervision Administration)

8. Facilitating fund settlement.  The Cross-border Interbank Payment System (CIPS) will be supported in increasing domestic and foreign participants, innovating business products and services, and better playing its role as the “main channel” for cross-border RMB payment and clearing. Commercial banks will be supported in leveraging infrastructure such as CIPS to provide convenient and efficient RMB cross-border settlement services. By leveraging the Free Trade (FT) account system, we will support enterprises in conducting cross-border RMB and foreign currency settlements for international trade and domestic RMB settlements through such accounts, and support banks in establishing specialized facilitation channels for cross-border settlements. We will also support financial institutions in providing non-residents with financial services based on RMB and RMB asset transactions. Banks will be encouraged to explore and optimize business authenticity verification methods and provide high-quality financial services for genuine and compliant offshore trade businesses. Furthermore, banks will be supported in streamlining foreign exchange business processes and system reengineering, so as to conduct graded foreign exchange compliance risk assessments for enterprises, and offer differentiated, facilitated financial services accordingly. (Responsible entity: the District Investment Service Office)

9. Promoting the free flow of cross-border funds. We will explore the establishment of an information-sharing mechanism and optimize the application process for expanding the scope of FT account eligibility within Shanghai but outside the Pilot Free Trade Zone. We will deepen the pilot program for the integrated domestic and foreign currency cash pooling of multinational corporations, allowing the master enterprise of a multinational corporation to use its domestic master account to handle, on behalf of its overseas member enterprises, centralized collections and payments between those moverseas member enterprises and their domestic member enterprises or other overseas entities. Pilot reforms will be carried out for foreign debt registration management, allowing eligible enterprises to complete one-time foreign debt registration without the need for case-by-case registration of foreign debt contracts. Banks will be encouraged to participate, in accordance with relevant provisions, in the short-term RMB interbank lending to overseas financial institutions. For financial leasing companies within the Zone applying for shared foreign debt quotas, we will assist them in connecting with foreign exchange regulatory authorities and banks and conduct advance verification of the qualifications of the special purpose vehicles (SPVs) involved in the relevant business. (Responsible entities: the District Investment Service Office, and the District Commerce Commission)

III. Strengthening the Agglomeration Effect and Expanding the Reach of Professional Services

10. Relaxing foreign investment access for professional services. We will support eligible foreign institutions in applying for relevant domestic financial licenses, and support eligible asset management institutions in participating in the Qualified Foreign Limited Partner (QFLP) program. We will support the establishment of wholly foreign-owned hospitals, and support international medical institutions in establishing medical facilities through joint ventures or cooperation. We will further relax the capital contribution ratio restrictions for partnership between Hong Kong and Macao law firms and mainland law firms, and support the optimization of the administrative licensing process for representatives of foreign law firm representative offices to change their practicing entities. A performance agency that is registered within the Pilot Free Trade Zone and the Linked Innovation Zones by an operation team with two or more years of experience in organizing large-scale commercial performances shall no longer be subject to the waiting period restrictions for engaging in foreign and Hong Kong, Macao, and Taiwan performance businesses. (Responsible entities: the District Investment Service Office, the District Health Commission, the District Commerce Commission, the District Justice Bureau, and the District Culture and Tourism Bureau)

11. Promoting the international development of professional services. We will step up the development of the “one-stop” overseas expansion service platform and the Going Global platform, optimizing core service functions such as outbound direct investment (ODI) filing and professional service consulting for overseas expansion. We will expand the empowerment model of the New Overseas Expansion Academy to build a platform for practical empowerment and resource linkage. We will also improve support policies for professional service institutions to “go global”, optimize the layout of the overseas service points of the Global Service Provider program, and promote in-depth cooperation between the Global Service Provider Council and overseas official and commercial institutions. In addition, we will support institutions in advantaged sectors to participate in the formulation and revision of international standards, explore pathways for translating group standards and enterprise standards into foreign-language versions, facilitate the transition of service trade standards from domestic applicability to international acceptance, and develop a national-level human resources service export base. (Responsible entities: the District Development and Reform Commission, the District Commerce Commission, the District Justice Bureau, the District Human Resources and Social Security Bureau, and the District Market Regulation Administration)

IV. Strengthening the Capacity for Sci-Tech Original Innovation and Enhancing the Driving Force of New Quality Productive Forces

12. Promoting the development of industrial incubation platforms and carriers. We will support eligible incubators in emerging industry sectors within the Jing’an Linked Innovation Zone in applying for recognition as Shanghai high-quality incubators. We will support the construction and functional improvement of the Jing’an “Data Connectivity Valley” Digital Public Service Center and the Jing Data Space. We will also support enterprises in developing vertical audio-visual large models, and support the creation of content creation platforms, pilot-scale testing platforms, and AI+ large audio-visual public service platforms. Moreover, we will improve the role of the International Innovation Center for Future Ultra-High Definition Technology as a core industrial functional platform, strengthen key supports such as proof-of-concept, pilot-scale testing platforms, industrial incubation, and talent cultivation, and reinforce the Center’s role as a central hub for agglomeration and linkage. (Responsible entities: the District Science & Technology and Economy Commission,  and the District Data Bureau)

13. Promoting standard setting as a guiding force for characteristic industries.  We will leverage the Shanghai Blockchain Evaluation Center to establish a professional evaluation system, striving to build a core evaluation node with credibility and influence in the Yangtze River Delta region. The Jing Data Space will be relied on to explore and promote the pilot implementation of trusted data spaces, forming innovative models and product services for trusted data spaces with Jing’an characteristics. We will support the establishment of an innovation base for ultra-high definition audio-visual technology standards, thereby accelerating the development, promotion, and application of standards in various fields such as content production standards, transmission standards, and display standards.(Responsible entities: the District Data Bureau, the District Science & Technology and Economy Commission,  and the District Market Regulation Administration)

14. Promoting the efficient transformation of scientific and technological achievements. The “lump-sum contract system” for the management of fiscal research project funds will be promoted to further strengthen the foundational innovation resources within the District. Universities, research institutes, and medical and health institutions in the District will be supported in formulating relevant management rules and measures for the distribution of proceeds from the transformation of scientific and technological achievements, thus unleashing the innovative vitality of scientific and technological personnel. We will also explore scenarios for implementing scientific research achievements of innovative service enterprises.We will support innovative products derived from the transformation of scientific and technological achievements in actively applying for inclusion in the Catalogue of Recommended Innovative Products of Shanghai Municipality. (Responsible entities: the District Science & Technology and Economy Commission, the District Finance Bureau, the District Education Bureau, and the District Health Commission)

15. Improving the quality of science and technology service supply. By strengthening the open optimal operation management and open sharing of scientific and technological innovation resources with Pudong New Area, the Pilot Free Trade Zone, and the Lin-gang Special Area, we will jointly create a number of industry benchmark applications in key industrial sectors such as life and health, beauty and health, and data intelligence. By leveraging the integrated science and technology innovation information management service platform, we will provide convenient customs clearance services for technology service enterprises in importing and exporting R&D, testing and inspection instruments and equipment, samples, consumables, etc., and enable them to benefit from relevant customs facilitation measures. Eligible technology service enterprises will receive priority support in AEO cultivation and certification. (Responsible entities: the District Science & Technology and Economy Commission, the District Data Bureau, and the District Commerce Commission)

16. Expanding diverse financing channels for technology enterprises. By leveraging the development of the “Shanghai Jing’an M&A Cluster Zone”, we will support “chain master” technology enterprises in integrating key links of the industrial chain through mergers and acquisitions, and enhance bank support for technology enterprise M&A loans. Eligible enterprises within the Zone will be supported to participate in pilot programs for employee stock ownership plans and equity incentive loans for technology enterprises. New models of bill financing for technology enterprises will be explored. We will encourage innovation in intellectual property (IP) pledge financing models, enriching and expanding the product types and coverage of IP pledge financing; open IP pledge financing registration windows, and facilitate the online release, processing, and agency registration of IP pledge financing products. Furthermore, we will promote the movable asset pledge financing business model, encouraging banks to customize movable asset pledge financing solutions for enterprises within key industrial chains. We will also support key industries with distinctive features in the District, such as the ultra-high definition audio-visual industry, in exploring and carrying out pilot projects for credit-enhanced IP securitization (ABS). (Responsible entities:  the  District Investment Service Office, the District Science & Technology and Economy Commission, and the District Market Regulation Administration)

V. Removing Bottlenecks in Key Factors and Strengthening the Leading Role of a Premier Urban District

17. Promoting orderly cross-border data flow.  Under the framework of the national data classification and grading protection, we will, by leveraging relevant policy support, explore the development of a negative list for cross-border data in specific sectors. The cross-border data service center will be leveraged to enhance policy publicity on cross-border data flow. Closely aligning with the development needs of the financial service industry, we will provide scenario-specific services for cross-border data flow and create demonstration models. We will also optimize the management of cross-border research data flow, refine the guarantee system for cross-border data flow, and enhance research data governance services. In addition, we will cultivate data service enterprises engaged in the “inbound data processing” business and promote the agglomeration of the data processing industry. (Responsible entities: Office of the District Cyberspace Affairs Commission, competent departments in charge of relevant sectors, the District Data Bureau, the District Investment Service Office, and the District Science & Technology and Economy Commission)

18. Strengthening talent introduction efforts. In line with the regional industrial development needs, we will adjust and expand the list of representative enterprises in the industry, increase the number of positions for the independent assessment and recruitment recommendation of skilled personnel, and regularly update and adjust such positions. For foreign lawyers hired by law firms as foreign legal consultants, the practice experience requirement will be reduced from three years to two years. We will implement the municipal professional recognition mechanisms for urban planning, design, and finance. Furthermore, we will actively exercise the right to recommend employers as key support entities for facilitating the household registration (settlement) of non-Shanghai-born fresh university graduates, recommending key entities in areas such as commercial services, financial services, professional services, blockchain, and ultra-high definition audio-visual sectors within the District. (Responsible entities: the District Talent Bureau, the District Human Resources and Social Security Bureau, the District Justice Bureau, the District Planning and Natural Resources Bureau, the District Construction Management Commission, the District Investment Service Office, the District Data Bureau, and the District Science & Technology and Economy Commission)

19. Enhancing entry-exit services for foreign talents. We will provide visa facilitation for foreigners invited to engage in important scientific research, investment, economic and trade activities, etc., in the form of long-term, multiple-entry, valid F (visitor) or M (trade) visas. A pilot program for electronic port visas will be implemented, allowing foreign nationals invited to engage in important scientific research, exchanges, commercial activities, etc., to apply for long-term, multiple-entry, valid visas. We will support key enterprises in introducing high-tech foreign talents, foreign skilled technical personnel, and foreign talents aligned with the District’s industrial development directions, and assist them in applying for work-type residence permits valid for up to five years; support family members of high-level foreign talents in applying for residence permits of the same duration, and provide supporting services such as children’s education and medical security. We will also promote the optimization of the “parallel approval” process for the Foreigner’s Work Permit and Work-Type Residence Permit, and continuously improve the “one-stop” approval mechanism. (Responsible entities: Jing’an Branch of Shanghai Public Security Bureau, and the District Talent Bureau)

20. Improving the efficiency of land resource utilization. In accordance with Jing’an District’s “three batches” work list, we will further promote the quality improvement and renewal of existing industrial parks. Taking the overall renewal area of Zoumatang in the Shibei High-tech Park as a pilot, we will implement policies such as mixed-use land and innovative industrial land, promote the integration of functions including industrial and R&D office spaces, and guide the accelerated agglomeration of innovative functions such as technology R&D and corporate headquarters management. Under the premise of complying with planning requirements, we will allow moderate increases in the floor area ratio (FAR) of land within the region based on functional needs, and permit a single land parcel or building to accommodate multiple functions in accordance with the provisions. (Responsible entities: the District Planning and Natural Resources Bureau, the District Construction Management Commission, and the District Science & Technology and Economy Commission)

21. Optimizing industry approval and management processes. For projects adopting the architect responsibility system, if the construction administrative authority issues a construction permit, and if the responsible architect certifies that the construction drawings comply with laws, regulations, and mandatory standards, then the certificate of construction drawing review approval shall no longer be a prerequisite for issuing the construction permit, provided that other relevant approval requirements are met. For various construction project land quotas related to economic and social development, we will appropriately extend the period for balancing increase and decrease on the basis of linking with the reduction target. We will promote the integration of “two certificates into one”: the Land Use Planning Permit and the Construction Project Planning Permit, merging them into a single Construction Project Planning Permit. The approval and filing procedures for medical device permits and filings will be simplified. When a financial leasing enterprise applies for a medical device operating license, it may simultaneously complete the filing for Class II medical device operation. We will also explore facilitation measures for the registration of property rights for medical devices and other types of asset businesses. (Responsible entities: the District Construction Management Commission, the District Planning and Natural Resources Bureau, the District Market Regulation Administration, and the District Investment Service Office)