The “Outstanding and innovative Enterprise Award”
On the afternoon of October 31, 2024 Huangpu District Foreign Investment Promotion Conference and Further Optimization of Foreign Investment environment Conference was held. Yun Gao, Secretary of the District Committee, Shen Shanzhou, Deputy Secretary of the District Committee, Shunfang Han, Director of the Standing Committee of the District People’s Congress, Zhiqi Chen, Chairman of the CPPCC, Dongbin He, Deputy Director of the Municipal Commission of Commerce, Zhi Xu, Member of the Standing Committee and Deputy head of the District Committee, and Huang Feng, president of the Municipal Foreign Investment Association attended the meeting. The meeting invited representatives of foreign business associations, investment promotion agencies, strategic partner units of the district’s foreign investment work, key foreign enterprises, as well as the heads of the district government departments, various streets and state-owned enterprises in the district to attend.
Mr. Xia Ye, general manager of Jiweicheng, was present at the conference
Yun Gao, Secretary of Huangpu District Party Committee, made a speech. Gao Yun said: “Huangpu District will further seize the opportunities of opening up and fully demonstrate the vitality of an export-oriented economy. With profound cultural heritage and outstanding geographical advantages, Huangpu District ranks among the top in terms of economic aggregate and density. The export-oriented economy has become an important force in Huangpu’s economy. Last year, the total amount of foreign investment actually used was 1.845 billion US dollars, up nearly 70% year on year, ranking second in the total amount and first in the growth rate in the whole city. The level of foreign enterprises has been continuously improved. During the 14th Five-Year Plan period, the number of regional headquarters of multinational companies has increased from 53 to 78, an increase of nearly 50%, forming a multi-level and broad headquarters economic ecosystem. 24 enterprises were listed in the top 100 foreign-funded enterprises in the city, and the total number and contribution scale of the listed enterprises ranked second in the city. The level of foreign enterprises has been continuously improved. During the 14th Five-Year Plan period, the number of regional headquarters of multinational companies has increased from 53 to 78, an increase of nearly 50%, forming a multi-level and broad headquarters economic ecosystem. 24 enterprises were listed in the top 100 foreign-funded enterprises in the city, and the total number and contribution scale of the listed enterprises ranked second in the city.
Yun Gao, Secretary of Huangpu District Party Committee, delivered a speech
The awarding ceremony of “Outstanding and Innovative” and “Excellent Development” enterprises was held at the meeting, encouraging foreign enterprises in various fields to further deepen their professional fields, improve their management level, accelerate transformation and continue to innovate. Eight foreign enterprises including Jiweicheng won the “2023-2024 Outstanding and Innovative Enterprise Award”, and 16 foreign enterprises including Graff won the “2023-2024 Excellent Development Enterprise Award”.
On behalf of the foreign investment promotion team of the District, the District Commerce Committee signed the cornerstone strategic contract of foreign investment with nine units.The Italian Chamber of Commerce, Shui On, Capitaland Investment, KCS Management & Cousultancy, Pricewaterhousecoopers, Ernst & Young, Colliers International, Savills and Kr Space became the second group of foreign investment cornerstone strategic partners in Huangpu District. The signing of this contract also marks that Huangpu District further strengthens the foreign investment promotion network with the participation of multiple subjects, and continuously optimizes the business ecology of foreign investment services.
Finally, Dongbin He, deputy director of the Municipal Commission of Commerce, made a speech. Dongbin He said that Huangpu, as an important support for the city’s foreign investment work, has always been a highland for the gathering and development of foreign enterprises. In recent years, Huangpu District firmly seized the national strategy of expanding opening up and the opportunity of international consumption center city construction, launched a number of innovative measures, effectively promoted the high-quality development of foreign investment economy in Huangpu District, and made positive contributions to the steady stock and expansion of foreign investment in the city. In the next step, the Municipal Commission of Commerce will also increase efforts to support Huangpu District to do a good job in the high-quality foreign investment work, through the support to seize the policy to release the opportunity, support to play the policy superposition effect, support to make good use of the function of the CIIE’s platform, etc., for Huangpu District to continue to enhance communication with foreign enterprises and institutions, to provide high-quality service guarantee and policy support.
He Dongbin, deputy Director of the Municipal Commission of Commerce, delivered a speech
Deloitte China released a White paper on the environment for Foreign Investment in Huangpu District in 2024. The white paper describes the investment environment of Huangpu District from five dimensions: core leadership, investment opportunities, scientific and technological innovation, business environment and livable business. It focuses on the “new changes” of Huangpu, such as “Central Science and Technology Innovation Zone”, “Shanghai Free Trade Linkage Innovation Zone” and “foreign business environment”, and comprehensively shows the “new space” of innovation and opening up, “new track” of green and low-carbon, and “new scene” of foreign investment services in Huangpu District.
Feng Huang, president of the Municipal Foreign Investment Association, Feng Xue, director of the Municipal Foreign Investment Promotion Center, Wen Qiu, director of the District Commercial Commission, and Guowei Yang, director of the District Investment Promotion Office jointly issued the Implementation Opinions of Huangpu District on Promoting the High-quality Development of Equity Investment in Multinational Companies.
This policy is the first support policy specifically for the equity investment of multinational companies in the city. It is mainly to implement the spirit of a series of documents of the state and Shanghai on encouraging the development of equity investment and improving the convenience of foreign equity investment in China. At the same time, leverage Huangpu’s first-mover advantage as the city’s first equity investment cluster areas, supports the equity investment of multinational companies. Explore innovative new channels to attract foreign capital inflow, and drive more foreign capital to become long-term capital and patient capital; Encourage high-quality multinational companies in the region to enhance their ability to allocate resources through equity investment, and consolidate and improve headquarters’ investment decision-making and fund management functions; Give full play to the role of policy guidance, and attract the business increment and professional sector of diversified investment of multinational companies to land in Huangpu.
