Round table to boost American businesses

On July 5, following the special session of Japanese funded enterprises and European enterprises, Changning District held the third round table conference of regional headquarters of multinational companies and key foreign-funded enterprises (special session of American funded enterprises) and Hongqiao Friendship Alliance government-enterprise dialogue.

Ten American-funded firms, including Herbalife Nutrition China HQ, New Balance Trading (China) Co, Ltd, the Shanghai branch of Caterpillar (China) Investment Co, Ltd and Danaher Corporation, and the head of the American Chamber of Commerce in Shanghai attended the conference and participated in the dialogue.

Changning Party secretary Wang Lan said that Changning has always attached great importance to economic and trade cooperation with American funded enterprises and has achieved a series of fruitful results in trade, investment, logistics, humanities and other fields.

She pointed out that Changning will seize the major strategic opportunities such as the construction of Hongqiao International Open Hub and the digital transformation of the city, make greater efforts to improve the core functions of Hongqiao International Central Business District, Hongqiao Economic and Technological Development Zone, strive to build an online new economic ecological park of the “Source of Hongqiao,” increase project construction and investment attraction, further enlarge the unique advantages of opening up at home and abroad, and seek more win-win opportunities for enterprises realize long-term development and increase efficiency.

The American Chamber of Commerce in Shanghai and representatives of 10 enterprises expressed confidence in continuing to invest and develop in Changning, and put forward appeals and suggestions around some difficulties and problems encountered in the business process.

The district development and reform commission, commerce commission, foreign affairs office, science and technology commission, human resources and social security bureau, the sports bureau, housing administration, market regulator, investment promotion office, tax bureau and other government agencies made responses during the conference/dialogue.

Meanwhile, a campaign to attract more investment to Shanghai has kicked off, with a series of promotional activities being held from June to August.

As part of the “Ride the Wave of Rising Shanghai” Global Investment Promotion Season, an investment promotion meeting and a certificate awarding ceremony for foreign-funded regional headquarters and research and development centers were held recently.

Also, various forms of activities will be held during the promotion season to boost investment and help stabilize the city’s economy.

In early July, for example, Shanghai and its districts will begin construction for a batch of key investment projects, covering sectors such as commuter rail, urban roads, industry, water utility, education and rental housing.

The Hongqiao Central Business District, as a “power core” of the broad Hongqiao area positioned to become an international open hub, plans to join hands with agencies and institutions to hold activities such as promotion meetings and seminars.

Edited By Shanghai Daily