Shanghai police may establish an economic crimes investigation department in the China (Shanghai) Pilot Free Trade Zone, according to a report in the Oriental Morning Post on Thursday.
Li Weijun, deputy director of the economic investigation team at Shanghai Public Security Bureau, said the team has finished a preliminary report on the risks likely to emerge in the zone in relation to financial management activities such as tax administration. The team has compiled some suggestions and countermeasures to help deal with such threats.
The tentative plan of setting up the investigation department is based in part on the huge volume of business expected there.
First foreign-funded company gets FTZ approval
2013-10-15Simplicity in FTZ proves a boon
2013-10-15HSBC, BEA win approval for FTZ operation
2013-10-15FTZ will encourage diversity and upgrading
2013-10-11Wet weather fails to dampen FTZ interest
2013-10-09Copyright ©1999-2018
Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.