Ministry of Industry and Information Technology, Announcement on Relaxing the Restriction on the Equity Percentage of Foreign Investors in Online Data Processing and Transaction Processing Services (For-profit Electronic Commerce) in the China (Shanghai) Pilot Free Trade Zone

工业和信息化部关于在中国（上海）自由贸易试验区放开在线数据处理与交易处理业务（经营类电子商务）外资股权比例限制的通告

E-commerce WOFEs allowed in Shanghai FTZ.

1 minute readMarch 16, 2015 at 06:14 AM

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Issued: January 13 2015

Effective: as of date of issuance

Main contents: The Circular relaxes on a trial basis the restriction on the equity percentage of foreign investors in online data processing and transaction processing services (for-profit e-commerce) in the China (Shanghai) Pilot Free Trade Zone, permitting the equity percentage of foreign investors to reach 100%.

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