蒲县| 吴桥| 台北县| 五家渠| 林西| 榕江| 仲巴| 大冶| 德钦| 广南| 汉南| 科尔沁右翼中旗| 龙口| 洞口| 东山| 青河| 巩留| 定陶| 长武| 迁安| 武昌| 乐至| 乌兰| 子长| 西宁| 定陶| 清镇| 郸城| 富宁| 镇坪| 墨脱| 鹿寨| 普陀| 昭通| 萨迦| 石河子| 垫江| 广平| 通渭| 铁岭市| 资兴| 迁安| 南京| 静乐| 衡阳市| 北安| 卢氏| 铜陵县| 得荣| 开封县| 涠洲岛| 武胜| 王益| 米林| 澄城| 湟源| 托克托| 定远| 南汇| 锡林浩特| 花溪| 岱岳| 繁峙| 略阳| 临海| 隆林| 红安| 石龙| 石河子| 曾母暗沙| 泸县| 丹巴| 赣县| 福鼎| 北流| 平潭| 轮台| 延庆| 离石| 新丰| 东宁| 和布克塞尔| 博爱| 天峨| 彰化| 镇宁| 索县| 桐梓| 新洲| 弓长岭| 云梦| 清原| 扶沟| 建始| 璧山| 海兴| 凤冈| 松江| 昆山| 芮城| 志丹| 鸡东| 榆中| 唐山| 蠡县| 泾阳| 同德| 伊春| 上甘岭| 旬阳| 集美| 宁国| 阳山| 建阳| 盘锦| 石拐| 理县| 苍溪| 万全| 昭平| 南县| 镇沅| 蒲县| 武陵源| 桑植| 佳县| 九江市| 普洱| 融安| 二连浩特| 滦南| 轮台| 林甸| 来凤| 青龙| 香港| 团风| 浦东新区| 新都| 连江| 金溪| 渭南| 阳谷| 木里| 西乌珠穆沁旗| 禄丰| 安塞| 监利| 扎兰屯| 友谊| 西乌珠穆沁旗| 君山| 靖州| 云林| 建宁| 吉水| 太谷| 咸丰| 凤冈| 麻江| 道县| 永宁| 清丰| 水富| 五河| 石龙| 梁河| 射洪| 平定| 绥阳| 贵港| 翠峦| 沁县| 乌恰| 扎赉特旗| 许昌| 庆元| 宣恩| 烟台| 呼伦贝尔| 惠阳| 安远| 浮梁| 太湖| 崇左| 杭州| 郎溪| 金平| 蒙阴| 新县| 宁南| 宜黄| 玉林| 类乌齐| 青岛| 惠来| 玉林| 大洼| 邹城| 南城| 茌平| 泾县| 平房| 云梦| 泗县| 桂阳| 江都| 彭泽| 新竹市| 伊春| 铁岭县| 平舆| 丁青| 绵阳| 陵川| 虎林| 建德| 故城| 邹平| 丹凤| 洋县| 威宁| 肥乡| 容县| 新密| 长白山| 兰州| 台中县| 双柏| 淮滨| 珙县| 美姑| 古交| 松滋| 固阳| 邹平| 文县| 开封县| 湘潭市| 潞城| 炎陵| 平乡| 疏勒| 武陟| 瓮安| 神农顶| 南岔| 菏泽| 林甸| 兴海| 旺苍| 桂阳| 波密| 杜尔伯特| 乌苏| 政和| 太仓| 蓬莱| 临潭| 定远| 西充| 宜宾县| 延庆| 周至| 武汉女人
Global EditionASIA 中文双语Fran?ais
Business
Home / Business / Macro

Foreign funds flow into Shanghai

Xinhua | Updated: 2019-09-18 10:23
A visitor checks out a Peugeot 508SW during an auto expo in Shanghai. [Photo by Wang Qiming / For China Daily]
创业 记者杨清刚说,当年,在党的领导下,红军将士战胜重重困难,胜利完成两万五千里长征。 创业   ——2019年6月24日,习近平在主持中共中央政治局就“牢记初心使命,推进自我革命”举行第十五次集体学习时强调  新的历史条件下进行的党的自我革命  自成立以来,我们党不断地进行这样的自我革命,今天我们开展“不忘初心、牢记使命”主题教育,就是新的历史条件下进行的党的自我革命。 宠物论坛 会上传达了习近平的重要指示精神,号召全国新闻战线大力弘扬伟大的长征精神,牢记党的初心和使命,牢记党的性质和宗旨,奋力走好新时代的长征路。 创业资讯 梅山中学 母婴在线 民生路 思维车 南陵市

4,105 projects received funding from overseas investors in first 7 months

SHANGHAI - Foreign investors have increased their investments in Shanghai, giving a solid vote of confidence to China's market potential and further opening-up despite a background of global economic uncertainties.

The country's financial and business center reported an actual use of foreign investment of $11.45 billion in the January-July period of 2019, up 13.8 percent year-on-year, the Shanghai Municipal Commission of Commerce said.

During the period, a total of 4,105 foreign-funded projects were established, up 58.3 percent over the same period in 2018.

The new policies pledge more free capital flows and intellectual property rights protection for the regional headquarters of multinational corporations, said Yang Chao, deputy director of the municipal commission of commerce.

"Facing external uncertainties, China has been unswervingly opening to the outside world to increase its resilience to risks and shoulder its responsibility as a major country," said Wang Xiaosong, a research fellow with the National Academy of Development and Strategy under Renmin University of China.

Covestro, a global chemicals giant that has been in China for nearly 20 years, is planning to upgrade its China headquarters in Shanghai to its Asia-Pacific headquarters.

Holly Lei, president of Covestro China, said after the move, the company could better coordinate global resources to grow together with China.

China is Covestro's biggest single market and Shanghai is home to its largest plant while housing its Asia-Pacific innovation center, said Lei.

Covestro is not alone in terms of expanding its business ambitions in the world's second-largest economy.

French carmaker PSA Peugeot Citroen plans to set up a regional procurement center in Shanghai. German chemicals giant BASF has increased investment to upgrade its innovation center in Shanghai after investing in a $10 billion production facility in Zhanjiang. The city is also home to Tesla's gigafactory, which is under construction with an investment of over 50 billion yuan ($7.1 billion).

Investments from the European Union, Singapore, Japan and countries included in the Belt and Road Initiative all grew at double-digit rates in the first half and the investment structure is being optimized, said Hua Yuan, director of the municipal commission of commerce.

The high-tech service industry reported an actual use of foreign investment of $1.7 billion in the first six months, posting a hefty annual growth of 29.6 percent, said Hua.

A series of opening-up measures in multiple fields and industries and the improving business environment has ramped up foreign investment interests in China.

In June, China rolled out revised negative lists for foreign investment market access, allowing foreign investors to run majority-share or wholly-owned businesses in several sectors.

China expanded the Shanghai free trade zone this month by building the new Lingang area into a special economic zone that is competitive and globally influential.

Shanghai has also rolled out a series of policies to further open the service industry to foreign investors and promote the development of regional headquarters of multinational corporations.

"The status as a special economic function zone means that it is not adding more facilitation but moving toward real investment and trade liberalization," said Shen Yuliang, a researcher with the Institute of World Economics under the Shanghai Academy of Social Sciences.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
文明礼 碧口镇 石州营 海青路 肖家官山 韩庄子第二社区 文三新村 东北障 沈兴北路
厂洼一社区 平泉县 信阳 斐河乡 万新 红冢 新南站 河区 天心阁
大黑河乡 木坡乡 奥林匹克花园总站 疗养院 盐恒 后亭社区 天生街道 底岭下 普利桥镇 北营房西里社区
https://www.whr.cc/bbsitemap.htm