according to the regulations of the state, this Municipality gives foreign investors and their investments at all stages, such as establishment, operation and disposal, no less treatment than that given to domestic investors and their investments under similar circumstances. Article 5 The municipal and district people's governments shall strengthen the organization, leadership and overall promotion of foreign investment, formulate policies and measures for the promotion and facilitation of foreign investment, establish and improve the deliberation and coordination mechanism related to foreign investment, and coordinate and solve major problems in foreign investment in a timely manner.
the municipal department of commerce, development and reform is responsible for the promotion, protection, management and service of foreign investment according to the division of responsibilities; Other relevant departments of the city shall, within the scope of their respective duties, carry out work related to foreign investment.
the department in charge of foreign investment in the District People's Government (hereinafter referred to as the District Commercial Department) and other relevant departments shall, in accordance with the division of responsibilities, carry out the promotion, protection, management and service of foreign investment in this district. Article 6 The municipal and district commercial departments shall take the lead in coordinating cross-departmental and cross-regional issues raised by foreign investors and foreign-invested enterprises. All relevant departments shall, in accordance with their respective responsibilities, actively promote the settlement, and feedback the results to the municipal and district commercial departments. The municipal and district commercial departments shall promptly report the results to foreign investors and foreign-invested enterprises. Article 7 The employees of foreign-invested enterprises shall establish trade union organizations according to law, carry out trade union activities and safeguard the legitimate rights and interests of employees. Enterprises with foreign investment shall provide necessary conditions for the trade unions of the enterprises. Chapter II Enlarging Opening-up Article 8 This Municipality strengthens the function of opening the gateway to the hub, implements high-standard international investment and trade rules in accordance with the overall deployment of the country's opening-up, and promotes the opening-up from the mobile opening of commodities and factors to the institutional opening-up of rules, regulations, management and standards, and promotes all-round and high-level opening-up in a deeper and wider field with greater efforts. Article 9 This Municipality shall, in accordance with the state's arrangements for opening up to the outside world in the service sector, promote the opening up of banking, securities, insurance, futures, trust and investment, asset management, credit rating and other financial sectors, promote the opening up of telecommunications, Internet, medical care, transportation, culture, education and other fields in an orderly manner, and take the initiative to strive for other state policies and measures for opening up to the outside world in this Municipality. Article 1 The China (Shanghai) Pilot Free Trade Zone (hereinafter referred to as the Pilot Free Trade Zone) shall play the role of expanding the open experimental field, increase the intensity of opening to the outside world, benchmark the highest standards and the best level, implement pilot policies and measures for foreign investment according to the national deployment, undertake the task of opening stress testing, and accumulate experiences that can be replicated and popularized.
the pilot policies and measures on foreign investment can be applied in a wider geographical scope outside the pilot free trade zone in this municipality, unless the state explicitly applies only to the pilot free trade zone. Article 11 The Lingang New Area of China (Shanghai) Pilot Free Trade Zone (hereinafter referred to as Lingang New Area) shall select key areas that are in line with the national strategy, have a large demand in the international market and have a high degree of openness to the outside world, carry out differentiated exploration, implement more open policies and systems for liberalization and facilitation of foreign investment, and promote the realization of convenient investment and operation, free entry and exit of goods, convenient capital flow, highly open transportation, free practice of personnel, and rapid information communication, and implement an internationally competitive tax system in accordance with state regulations. Article 12 According to the national strategy of integrated development in the Yangtze River Delta (hereinafter referred to as the Yangtze River Delta) and relying on the regional cooperation mechanism in the Yangtze River Delta, this Municipality will jointly promote the opening up of key areas and continuously improve the overall level of high-quality opening up in the Yangtze River Delta. Focusing on the construction of the Yangtze River Delta eco-green integrated development demonstration zone, we will explore the formation of institutional advantages for innovation and development, enhance the linkage effect of opening up, and guide the rational distribution of foreign-invested industries. Promote the improvement of the unified catalogue of investment projects approved by the government of the Yangtze River Delta Ecological Green Integration Development Demonstration Zone, and put on record foreign investment projects outside the catalogue. Promote the unification of registration standards, handling procedures and handling modes of foreign-invested enterprises. Establish a unified mutual recognition and service system for foreign high-end talents' work permits.
further strengthen the international function of Unicom in Hongqiao Business District, focus on the development of modern service industry, deepen the synergy with the Yangtze River Delta, and build Hongqiao as an international open hub.