The Shanghai pilot free trade zone (FTZ) has seen 208 newly registered enterprises since October 1, local authorities said on October 28.

These include 188 domestic and 20 overseas-funded companies, according to the Shanghai Administration for Industry and Commerce.

Registered capital ranges from 30,000 yuan ($4,900) to 480.8 million yuan ($79 million), according to the administration.

Of the newly registered enterprises, trade and investment-asset management industries fielded most registrations, with 122 and 36 respectively.

The Chinese Government officially opened the 29-square-km Shanghai FTZ on September 29.