These projects were from enterprises like Greenfield Capital Group and Celgen Biopharma, covering fields like digital economy, technology-based life sciences, low-carbon new energy, as well as industrial clusters of startup automakers.
China will further its efforts to attract and utilize more foreign investment this year, as outlined in the Government Work Report submitted to the national legislature for deliberation on Sunday.
Hongqiao International Opening-up Hub, the 7,000-square-kilometer area connecting parts of Shanghai, Zhejiang and Jiangsu seeking a higher level of opening-up, should shoulder more responsibilities concerning technology innovation and scientific researches.
A conference on the construction of the Hongqiao International Opening-up Hub was held in Shanghai on March 1 to mark the second anniversary of the construction work.
As a key part of the Hongqiao International Central Business District, Shanghai West Hongqiao in Qingpu district is optimizing its business environment and accelerating the advancement of industrial clusters. Last year, the area created 4.5 billion yuan ($653 million) in tax revenue, a year-on-year increase of 29 percent.
Shanghai's Minhang district is revving up effort to boost its headquarters economy — a driving force for the continuous upgrading of investment intensity — and create an important growth pole in the city's new round of high-quality development.
Shanghai is preparing for the upcoming 20th Shanghai International Automobile Industry Exhibition, which is also known as Auto Shanghai 2023, in April this year.
Business representatives from the Hongqiao International Central Business District – located in East China's Shanghai – exchanged their ideas on how the Hongqiao International Opening Hub had benefited them at a conference on Feb 24.
