Government News

Shanghai Daily News Digest

Pudong streets ahead in attracting company HQs, overseas firms   2021-12-10

 

 

Pudong has grown to become the first choice location for overseas companies to open businesses in Shanghai.

In the first 10 months of this year, Pudong attracted actual foreign investment worth nearly US$9 billion, a year-on-year increase of 13.8 percent. It accounted for nearly 46 percent of the city's total.

Also, Pudong has attracted 25 multinational companies to establish regional headquarters, building its total number to 384, nearly 47 percent of the city's total.