Japanese-organized collaborationist government proclaimed at Nanjing in March 1938 to administer the occupied lower-Yangtze provinces — Jiangsu, Zhejiang and Anhui around Shanghai and Nanjing — under Liang Hongzhi.
Merged into the Wang Jingwei regime's Reorganized National Government on 30 March 1940.
Brook's 'Collaboration: Japanese Agents and Local Elites in Wartime China' is the definitive study of exactly this regime's zone — the occupied Yangtze delta 1937-40. Verified on Open Library (Brook, 2004/2005).