High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. [Photo by Gao Erqiang/China Daily]
The Shanghai municipal government revealed several efforts to stabilize foreign investment during a news conference held on March 20 for the upcoming Shanghai Global Investment Promotion Conference 2025.
1. Introduce policies more precisely
(1) Release the policy “yellow pages” : to make policies more comprehensible, applications easier
– multiple languages
– online version and guidelines
(2) Implement opening-up policies in biotechnology, foreign-invested hospitals and value-added telecommunications services
2. Solicit businesses more precisely
(1) Classify target customers by country and industry
(2) Classify business soliciting channels: industry chain, fund, road shows, exhibitions, games
(3) Focus on direct investment, return investment, profit reinvestment, equity investment and financial investment
3. Provide services more precisely
(1) Hold government-company round-tables: 130 round-tables held last year with various problems solved
(2) Establish small and agile “special program” mechanism to address frequently reported but unique problems:
– innovative application
– standard formulation
– mergers and acquisitions
– rights and interests protection
– talent employment
Source: Shanghai Municipal Commission of Commerce
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