Investment promoted in Shanghai's Songjiang New City

Official data shows that in the first quarter of this year, Shanghai's actual utilized foreign capital hit $5.63 billion, up 20.5 percent year-on-year.

By the end of March, 785 regional headquarters of multinational corporations and 486 foreign-funded research and development centers were set up in Shanghai, both numbers ranking first in China.

The 2021 Shanghai Foreign Investment Guide, compiled by the Shanghai Foreign Investment Development Board, was also released in both Chinese and English, painting a complete picture of Shanghai's investment environment, investment policies, major investment areas and investment services.

Over 100 representatives from overseas consulate generals in Shanghai, investment agencies and foreign enterprises attended the event.