Continued efforts will be made to further optimize Shanghai's financial ecology so the financial sector can better serve the real economy and facilitate high-quality economic growth, municipal financial regulators said during a recent news conference.
Listed among the first batch of youth-oriented development sub-districts in Shanghai, Xinhong has released 36 measures aimed at building a vibrant and smart zone within the Shanghai Hongqiao International Central Business District.
French banking group BNP Paribas' confidence in the Chinese market has remained undeterred by global market volatility and the COVID-19 pandemic.
Shanghai saw its first-quarter GDP, or gross domestic product, gain 3 percent to 1.05 trillion yuan, according to official sources.
Shanghai, known for its constant commitment in optimizing business environment, remains one of the most popular investment destinations among global investors.
Huacao town has developed into a premier destination in the Shanghai Hongqiao International Central Business District for businesses seeking a convenient location and optimal business environment.
Shanghai's municipal government has published a guideline on promoting the integrated reform of the engineering construction sector, which will put it on par with global standards and practices, according to official sources.
A package of measures aimed to attract more investments with a maximum incentive of 100 million yuan ($14.54 million) was announced by the Shanghai government on Thursday.