China to set up Shanghai global business cooperation zone

BEIJING: China has published a master plan for a new business cooperation zone in Shanghai to promote international business exchanges.

According to the General Administration of Customs (GAC), the Shanghai Eastern Hub International Business Cooperation Zone, an 880,000-sq-metre area neighbouring Shanghai Pudong International Airport, allows foreign visitors on invitation who enter from the airport to stay within 30 days upon arrival without the verification of their visa. In addition, their personal belongings will get access to an expedited security check.