As more Chinese companies are looking to go global, the Hongqiao International Open Hub, which was initiated in 2021 to deepen reform and coordinate development in the Yangtze River Delta region, has become their springboard to the global stage.
Shanghai aims to make company registration services more convenient, precise and smart so that more investment can be attracted to the city, officials from the Shanghai Administration for Market Regulation said at a news briefing on Feb 26.
The Shanghai branch of the State Administration of Foreign Exchange issued a notice on Jan 23, launching a pilot program for the high-level opening-up of cross-border trade and investment.
The UNPICBP Center, located in the Qingpu Area of Hongqiao International CBD, supports domestic companies in securing international bids, having assisted CASFuture (Beijing) Technology Co Ltd in obtaining three bids and seven UN purchase orders.
Shanghai has introduced a dedicated guarantee product to enhance business development in the Hongqiao International Central Business District.
The Shanghai government has streamlined the APEC Business Travel Card application process, facilitating international expansion for enterprises.
The first "Hongqiao Cup" Shanghai FIEs Pickleball Friendship Tournament officially kicked off at Hongqiao Sports Park on Nov 19.
In order to better serve enterprises, government departments in Shanghai are actively conducting enterprise visits and extending a service package to meet their needs.
