Home » today » Business » Shanghai Implements Strategies to Attract Foreign Investment and Bolster Foreign Trade – Industry Overview – Market Information Network

Shanghai Implements Strategies to Attract Foreign Investment and Bolster Foreign Trade – Industry Overview – Market Information Network

Shanghai introduces measures to attract foreign investment and stabilize foreign trade

Market Information Network 2023-04-06 11:31:46 Source: People’s Daily Online Comments:

Newspaper, Shanghai, April 5th (Reporter Tian Hong) The Shanghai Municipal Government recently issued a series of measures to increase the intensity of attracting foreign investment, promote the stability and quality of foreign trade, so that Chinese and foreign companies can better stabilize expectations, strengthen confidence, and achieve better and bigger develop.

According to reports, Shanghai further optimizes policy supply, strengthens system integration, adheres to a high level of opening up to the outside world to promote the development of foreign trade and foreign investment, and gives full play to the role of open platforms such as the Pudong Leading Zone, the Pilot Free Trade Zone, the Lingang New Area, and the Hongqiao International Central Business District. , take the initiative to connect with high-standard international economic and trade rules, and promote institutional opening and in-depth reform.

“Several Measures for Increasing the Attraction and Utilization of Foreign Investment in Shanghai” focuses on promoting the expansion of foreign investment, stabilizing the stock, and improving the quality, and introduces 20 measures in four aspects. Including promoting the steady growth of foreign trade, supporting foreign-funded securities, funds, futures, life insurance, pension management, wealth management, and finance companies to take the lead in settling in Shanghai, and actively seeking to expand opening-up measures in telecommunications, the Internet, education, culture, and medical care; Improve the level of foreign capital introduction, support foreign-funded enterprises to equally enjoy various industrial policies, technological transformation and digital transformation, implement the national science and technology innovation tax policy, encourage foreign capital to set up open innovation platforms, and promote the establishment of collaborative innovation projects for foreign-funded R&D institutions.

“Several Policies and Measures of Shanghai to Promote the Stable Scale and Improve the Quality of Foreign Trade” focuses on promoting the stable scale of foreign trade, promoting transformation, expanding the market, and optimizing the environment, and introduces 21 measures in four aspects. Promote the steady growth of foreign trade, focus on key enterprises and key products, and increase support in customs clearance, finance and tax rebates; promote the innovative development of foreign trade, promote the development of new formats and new models, accelerate the expansion of the third phase of Yangshan Special Comprehensive Bonded Zone, and support enterprises Carry out cross-border e-commerce retail import of pharmaceuticals and medical devices; optimize the business environment for cross-border trade, focus on border and post-border measures, and increase foreign economic and trade public service guarantees, etc.

“People’s Daily” (version 10, April 6, 2023)


Editor in charge: Liu Yuan

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.