Shanghai looks to attract foreign investment in ‘new cities’


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Shanghai government is working to attract foreign investment for the five “new cities” in the city’s suburbs — Songjiang, Jiading, Fengxian, Qingpu and Nanhui — by holding a series of diverse investment promotional events.

The first event took place on Thursday in Sheshan, a beautiful scenic spot in Songjiang New City. Located in the city’s southwest, Songjiang initiated the G60 Science and Technology Innovation Valley, an alliance of nine major cities in the Yangtze River Delta region which also includes Jiaxing, Hangzhou, Jinhua, Suzhou, Huzhou, Xuancheng, Wuhu and Hefei.

The Shanghai Commission of Commerce and Invest Shanghai co-organized the event, which attracted more than 100 people from the government, the consulates general in Shanghai of the United States, Canada, Japan, Singapore and South Korea, as well as key foreign-invested enterprises and professional service institutions.



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