Huangpu district in Shanghai boasts a high contribution rate to the foreign investment economy and is where most regional headquarters of multinational companies are located.

A group of 163 new foreign-invested enterprises joined the collection last year, with contracted foreign investment of $1.49 billion.                                      

Since January 2020, the number of new projects funded by foreign investors has been about the same as that of the same period last year.

Japanese convenience store chain Lawson (China) Holdings, will increase its capital by 200 million yuan ($28 million) to further explore the Chinese market and help its subsidiaries develop.

The United Kingdom's Merlin Entertainments, according to its judgment on the Chinese market's future, has been working hard to set up sub-managed regional headquarters in Shanghai in 2020.

In response to the enthusiasm of foreign investors, Huangpu has rolled out a raft of measures to encourage them to participate in the economic development of the city.

Huangpu district in Shanghai [Photo/WeChat account: scofcom]