Shanghai's Hongqiao International Central Business District has unveiled its 2026 Action Plan to create a top-notch business environment.
The plan emphasizes aligning with international standards, supporting industrial development, enhancing government service efficiency, and encouraging collaborative governance.
A key emphasis is on facilitating global connectivity for businesses. Hongqiao plans to support companies in the Yangtze River Delta with international expansion and strengthen its role as an innovation zone linked to the China (Shanghai) Pilot Free Trade Zone, thereby attracting international enterprises.
To foster innovation, Hongqiao will expand access to essential resources, including space, funding, talent, and technology. It will also introduce improved financing options and services to attract and retain skilled professionals.
Efforts are underway to streamline government services, making them faster and more efficient. These efforts include upgrading cross-border services, simplifying processes for international talent to work in Shanghai, and ensuring businesses can easily access beneficial policies.
Hongqiao is committed to fostering collaboration among the government, businesses, and the community. This includes strengthening communication with businesses and improving the area's livability and work environment, making it an attractive place for enterprises and residents alike.
