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Foreign investment in Pudong is booming as it becomes a global leader

Covestro's Asia-Pacific Innovation Center in Pudong [SHINE]
Covestro’s Asia-Pacific Innovation Center in Pudong [SHINE]
SHINE | 01-Aug-2021 | By Li Qian

Foreign investment in the Pudong New Area make up nearly half of the city’s total investment. Accumulated foreign direct investment in Pudong, in actual use, has reached more than US$120 billion, about 47 to 48 percent of the city’s total. It has surged from US$4.4 billion in 2015 to US$9.4 billion in 2020. This year, it aims to reach US$10 billion, according to Cao Lei, deputy director of the Pudong Commerce Commission. Continue reading “Foreign investment in Pudong is booming as it becomes a global leader”

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Companies heading for CIIE stay upbeat about China

Companies heading for CIIE stay upbeat about China [SHINE]
Companies heading for CIIE stay upbeat about China [SHINE]
SHINE | 31-Jul-2021 | By Ding Yining

A total of 26 companies signed up for next year’s China International Import Expo on Tuesday as they stay upbeat about the favorable trade opportunities when the 4th expo is 100 days away. Ulrich Stefer, chief financial officer of Bayer Group China that was one of the signers, said the company wanted to demonstrate its core competitiveness in health care and agriculture through a series of exhibits and exciting activities. Continue reading “Companies heading for CIIE stay upbeat about China”