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zhang zhongwei, deputy director of shanghai development and reform commission: foreign-invested enterprises are an important part of shanghai's economic development

2024-08-31

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the first leg of the "mingde strategic dialogue" exchange event, the "shanghai economic and financial strategy symposium" organized by the chongyang institute for financial studies of renmin university of china, was held in pudong, shanghai on the morning of the 31st. zhang zhongwei, deputy director of the shanghai development and reform commission, said at the meeting that foreign-funded enterprises are an important part of shanghai's economic development. foreign-funded enterprises now create nearly 60% of shanghai's imports and exports, 40% of industrial output value, 1/3 of taxes, 1/4 of gdp and 1/5 of employment.zhang zhongwei said that the character of shanghai is "openness, innovation, and inclusiveness", which has attracted many multinational companies to come to shanghai for development. he said that as of the end of june this year, shanghai had 75,000 foreign-funded enterprises, and a total of 985 regional headquarters of multinational companies had been recognized, of which headquarters above greater china accounted for about 20%. apple and siemens medical have established greater china headquarters in shanghai, and honeywell and henkel have established asia-pacific headquarters in shanghai. at the same time, shanghai currently has 575 foreign-funded r&d centers, such as schindler elevator and abb engineering, which have established foreign-funded r&d centers in shanghai. he also said, "we are committed to creating a stable, transparent and predictable business environment. let foreign-funded enterprises come to shanghai to develop with peace of mind and be able to focus on their business." (first financial reporter cheng cheng) (this article is from first financial)
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