Ranking first in the central urban area of Shanghai center, there are 149 Xuhui foreign capital headquarters and R&D centers in total
On September 19, the centralized signing ceremony of the third batch of major projects in Xuhui District in 2023 was held in Hengfu District with the theme of "wutong deepens the cultivation of new machines, and plans a blueprint for the future". Twenty major projects were signed on site. At the meeting, ten measures were officially released, including "Several Measures of Xuhui District to Further Optimize the Foreign Investment Environment and Increase the Attraction of Foreign Investment".
The reporter learned at the meeting that the major projects signed this time cover fields such as automobile manufacturing, green and low-carbon, information technology, life and health, intelligent buildings, and trendy entertainment. Stellantis, Bubble Mart, Ruide Huizhi, Wework China, Baimeitie, Lanma Technology, Hengfang Biotechnology, Huaqing Yongfeng, Beizhijian and other enterprises will engage in a new round of deep cooperation with Xuhui, injecting stronger impetus into regional economic development.
![Ranking first in the central urban area of Shanghai center, there are 149 Xuhui foreign capital headquarters and R&D centers in total](https://a5qu.com/upload/images/f7db025a22e6e193831795b2147c9533.jpg)
Xuhui is the most competitive new highland for opening up to the outside world and one of the first choices for foreign investment in the central city of Shanghai center. Foreign investment has become an important window to observe the regional economy of Xuhui. At present, there are over 3400 foreign-funded enterprises in Xuhui district. Among them, there are 119 foreign-funded headquarters and 30 foreign-funded research and development centers, both ranking first in the central urban area in terms of quantity. From January to August this year, the region's actual foreign investment reached 1.555 billion US dollars, a year-on-year increase of 55.12%. The outward oriented economy has become an important engine for promoting economic growth in Xuhui and an important subject for promoting technological innovation.
![Ranking first in the central urban area of Shanghai center, there are 149 Xuhui foreign capital headquarters and R&D centers in total](https://a5qu.com/upload/images/aee885a71f97fb6ffb38843561110a76.jpg)
Xuhui is the most competitive new highland for opening up to the outside world and one of the first choices for foreign investment in the central city of Shanghai center. Foreign investment has become an important window to observe the regional economy of Xuhui. At present, there are over 3400 foreign-funded enterprises in Xuhui district. Among them, there are 119 foreign-funded headquarters and 30 foreign-funded research and development centers, both ranking first in the central urban area in terms of quantity. From January to August this year, the region's actual foreign investment reached 1.555 billion US dollars, a year-on-year increase of 55.12%. The outward oriented economy has become an important engine for promoting economic growth in Xuhui and an important subject for promoting technological innovation.
At the beginning of this year, Xuhui proposed the "Action Plan for Empowering and Leaping Up Foreign Capital Headquarters", which relies on key industries such as commerce, intelligent terminals, and biopharmaceuticals to strengthen carrier investment, platform investment, and industry chain investment, guide headquarters enterprises to integrate decision-making strategic functions and settle in Xuhui, and promote the integration and development of headquarters economy and industrial economy. In this context, since the beginning of this year, Xuhui has maintained a positive momentum in attracting investment. In April and August, global promotion conferences were held in Singapore, Hong Kong, Germany, and Japan to build cross-border cooperation platforms, promote the landing of high-end links and high value-added sectors in Xuhui, and bring a batch of key projects worth billions and tens of millions of yuan.
![Ranking first in the central urban area of Shanghai center, there are 149 Xuhui foreign capital headquarters and R&D centers in total](https://a5qu.com/upload/images/de3ac028fc4b2b855c053544498f87aa.jpg)
On the day of the signing ceremony, a special session of the Xuhui District Government Enterprise Communication Roundtable for foreign-funded enterprises was also held. Representatives from enterprises such as 3M, ZF, Yizi, Shantian, Ernst&Young, Mettler Toledo, and Corning Display put forward multiple opinions and suggestions on medical device registration, strengthening hospital enterprise cooperation, industrial upgrading, cross-border data security, tax and talent policy needs. Among them, Ding Hongyu, the President of 3M China Co., Ltd., specifically mentioned the positive role of government departments in supporting the development of foreign-funded enterprises by practicing the principle of "no disturbance, no response".
![Ranking first in the central urban area of Shanghai center, there are 149 Xuhui foreign capital headquarters and R&D centers in total](https://a5qu.com/upload/images/c8b811e40b0a4ba64520b50dc85c7424.jpg)
Xuhui District Mayor Zhong Xiaoyong stated that currently, Xuhui is facing the world and the future, accelerating industrial transformation and upgrading, and comprehensively enhancing the urban level and core competitiveness. To this end, Xuhui District will continue to create a market-oriented, legal, and international first-class business environment, make good use of new platforms, grasp policy implementation, and strive to provide more opportunities, better environment, and better services for enterprises, cultivating first-class enterprises in first-class urban areas.