The Administrative Committee of Shanghai Hongqiao International Central Business District (CBD) has announced the start of the application process for recognizing trade headquarters within the CBD in 2024.
The APEC Business Travel Card (ABTC) allows cardholders to travel more freely between participating economies. This year, the number of applications for ABTCs in Shanghai has increased significantly.
Hongqiao International Central Business District's Foreign-Invested Enterprises Community (FIEs Community @ Hongqiao) opened a consultation service station for foreign businesses in the district on May 15.
A new service center in the Hongqiao Hub is ready to provide diversified services for enterprises and expats, creating more opportunities for domestic businesses and the orientation of expats.
As more Chinese companies are looking to go global, the Hongqiao International Open Hub, which was initiated in 2021 to deepen reform and coordinate development in the Yangtze River Delta region, has become their springboard to the global stage.
Shanghai aims to make company registration services more convenient, precise and smart so that more investment can be attracted to the city, officials from the Shanghai Administration for Market Regulation said at a news briefing on Feb 26.
The Shanghai branch of the State Administration of Foreign Exchange issued a notice on Jan 23, launching a pilot program for the high-level opening-up of cross-border trade and investment.
