Guests socialize at the 2021 Investment Promotion and City Twinning Conference for the 4th CIIE.

An official investment promotion and twinning conference was held on Friday ahead of the upcoming international import fair, releasing a new investment map and navigation of the foreign investment landscape in Shanghai.

Compiled by the Shanghai Foreign Investment Development Board, the map showcases 55 investment routes for foreign guests to the fourth China International Import Expo (CIIE), displaying investment highlights in the city’s 16 districts as well as the neighborhood. Hongqiao Business and Lingang Special Zone in China. (Shanghai) Pilot Free Trade Zone.

Using the map, foreign investors can gain insight into the latest investment policies in eight key industrial sectors, including financial services, new consumption and technological innovation, said Xue Feng, chairman of the board of development of investments.

First launched this year, the Shanghai Foreign Investment Landscape Navigation focuses on the city’s foreign investment regulations and displays comprehensive information on foreign investment promotion, investment protection, investment management and services in cartographic language.

In addition to revealing for the first time the layout of the headquarters of multinationals and their research and development centers in Shanghai, the navigation also displays the city’s support services for foreign investment as well as investment hot spots and new investment opportunities during the 14th five-year plan. period (2021-2025), added Xue.

“What foreigners appreciate the most is our unique transportation system,” said Li Li, director of the Minhang District Investment Promotion Center. “You know, business people travel a lot.

As the city’s gateway to the Yangtze River Delta region, Minhang looks like a “golden key” on the map of Shanghai.

Thanks to its developed transportation network, strong industrial facilities, rich culture and technological talent pool, the district has attracted more than 39,000 businesses in the past year, which have contributed approximately 1, 48 billion yuan ($ 230 million) in taxes, Li said in a statement. interview with Shanghai Daily.

A Guide to Becoming a Shanghai Gold Rush

Zhu Yi, vice chairman of the Shanghai Trade Commission, speaks at the conference.

With the strong ripple effects of the CIIE, the city has enjoyed a good momentum in the use of foreign capital since the beginning of this year, Zhu Yi, vice chairman of the Trade Commission, told the conference. from Shanghai.

From January to September, 5,136 foreign-invested enterprises were created, up 27.1% from the previous year.

Foreign capital actually used amounted to $ 17.847 billion, up 15% year-on-year and 22% from the same period in 2019.

Forty-seven regional headquarters of multinational companies and 20 foreign-funded R&D centers were added to Shanghai between January and September, making the city the headquarters of 818 regional headquarters of multinational companies and 501 foreign R&D centers, according to Zhu.

The 2021 Shanghai City Promotion Convention, to be held on November 6, will showcase the opening of the city and showcase the new changes and advancements in Shanghai’s business environment over the past year at the occasion of the fourth CIIE, which will be held from 5 to 10 November. .

International organizations, senior executives of multinational companies and heads of overseas investment promotion agencies will come together to share their investment and development stories and jointly launch an investment initiative in Shanghai.

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