Jing'an has recognized 200 top companies for their economic contributions to the district last year.
Gucci, Hermes, L'Oreal, Louis Vuitton and Christian Dior – all with Chinese headquarters based in Jing'an – and domestic giants Guotai Junan Securities, Ping An Asset Management and SAIC Finance maintained their positions in the top 10.
SAP and China Railway Shanghai Group were the new entrants into the top 10.
"New faces" in the list include some small businesses, such as Universal Music Publishing (UMP) China's Shanghai office and Shanghai Bosideng Marketing Management Co.
Statistics showed that the district's general public budget revenue grew 3 percent from a year earlier and reached 28.78 billion yuan (US$3.98 billion) in 2023, making it first place in the city's downtown districts.
In a year, the district introduced 156 projects which brought tax revenue of over 10 million yuan, with a year-on-year increase of 39 percent, and 12 regional headquarters of multinational companies. (Source: Shanghai Daily)