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Shanghai's Jing'an launches plan to pool resources, promote foreign investment

August 26, 2022


Abstract : Jing'an District of east China's Shanghai has recently launched a plan on forging foreign investment partnership, signing agreements with Shanghai-based foreign chambers of commerce and institutions, to pool together more production factors, such as people, capital and information.

BEIJING, Aug. 26 (Xinhua) -- Jing'an District of east China's Shanghai has recently launched a plan on forging foreign investment partnership, signing agreements with Shanghai-based foreign chambers of commerce and institutions, to pool together more production factors, such as people, capital and information.

Since the beginning of this year, Jing'an has worked on attracting foreign investors to promote high-quality economic development. For example, four cutting-edge designer brands under the Italian luxury conglomerate OTB, including Maison Margiela, Marni, Jil Sander and AMIRI, have been introduced to the Jincang Wenhua Plaza.

Maisin Margiela.png

Photo shows the store of Maison Margiela, under the OTB, in Jing'an District in east China's Shanghai. 

Besides, Jing'an has always been committed to building a better business environment. A group of newly-built commercial buildings in the Suhewan Business Belt and Middle-ring Winger District debuted recently, providing nearly 1 million square meters of office space. The new business district will become a complement to West Nanjing Road, contributing the new model of business building economy in the district. 

It will provide ample room for development to foreign enterprises in terms of business expansion and capacity building while injecting impetus to the acceleration of industrial agglomeration of the district's six pillar industries, including commercial services, financial services, professional services, data intelligence, cultural innovation, and life and health.

(Edited by Li Shimeng with Xinhua Silk Road, lishimeng@xinhua.org)

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Keyword: foreign investment Jing'an District

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