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Shanghai attracts over 6,000 new foreign companies in 2023

Shanghai has seen steady economic growth and attracted a total of 6,017 new foreign companies in 2023, up 38.3 percent year-on-year, with an increasing number of multinational companies settling regional headquarters and R&D centers in the city, according to the economic and social development report released by the city's bureau of statistics on March 19.

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17 measures to improve drug administration in Shanghai

On March 12, the Shanghai Municipal Drug Administration unveiled 17 measures aimed at fostering a premier business environment within the pharmaceutical sector. Below is an overview of these measures.

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Leading investment companies set up to offices in Shanghai

After their respective registration with the Chinese regulators completed on March 8, KKR and Brookfield - the world's leading investment companies both opening offices in Shanghai - are ready to explore deeper in the Chinese market.

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