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In 2021, actual foreign direct investment into the China (Shanghai) Pilot Free Trade Zone was $10.37 billion, up 22.9 percent from the previous year. The sum accounted for 96.92 percent of Pudong New Area's total and 46.04 percent of Shanghai's total.
Zeiss China signed a memorandum of understanding with the administration authorities of Waigaoqiao Bonded Area in China (Shanghai) Pilot Free Trade Zone (FTZ) on Jan 11 to set up its China investment headquarters and China medical investment headquarters in the bonded area's Xin Development Park.
More of the world's latest imported high-end medical devices are being produced locally in Shanghai under the country's new marketing authorization holder, or MAH system – which helps to give patients quicker access to better health products and services.
China's first and the world's largest Sam's Club flagship store opened in Waigaoqiao Bonded Zone, Pudong New Area, East China's Shanghai on Sept 26.
The administration bureau of Lujiazui recently held a meeting with five German companies to interpret the latest policies and help them expand businesses in Pudong New Area.
American multinational company NI, formerly National Instruments Corporation, opened its China Innovative Development Center in Zhangjiang, Pudong New Area, East China's Shanghai on Aug 26.
Gilead (Shanghai) Pharmaceutical Technology Co was recognized as the company's regional headquarters recently, becoming the 127th multinational regional headquarters in Lujiazui, the financial center of Shanghai.
As the first multinational pharmaceutical company in Pudong New Area, East China's Shanghai, Roche has benefited from and contributed to the robust development of the area.
More players to be drawn as New Area bids to emerge as a financial hub
British multinational pharmaceutical company GSK announced on July 5 that it will set up a new business operation center in Zhangjiang, Shanghai's Pudong New Area.
BlackRock, the world's largest asset management firm headquartered in New York, has been increasing its investment in China's financial sector and expanding its business in the country, especially in Shanghai's Pudong New Area.
BMW and China's Alibaba have started operation of a joint innovation base in Shanghai.
Swiss international pharma and health giant Roche on May 18 officially launched a major initiative with the aim of consolidating and expanding its already considerable presence in China.
Copyright© China (Shanghai) Pilot Free Trade Zone.
All Rights Reserved. Presented by China Daily.
沪ICP备16020704号-2