Shanghai's FDI hits record high in 2021

In 2021, China's financial hub Shanghai registered record foreign direct investment (FDI) of 22.55 billion U.S. dollars, up 11.5 percent year on year, local authorities said at a press conference on Wednesday.

Aiming to further propel opening-up, improve its business environment and provide more investment autonomy for foreign enterprises, the Chinese metropolis issued procedures to streamline the approval and filing of projects with foreign investment at the press conference.

According to local authorities, the procedures that apply to foreign investors, and newly established or acquired projects by foreign-invested enterprises involving fixed asset investment in the city will come into effect on March 1.

In addition to these procedures, more measures such as tax exemption policies will be taken to facilitate foreign investment and attract more foreign investors, said Peng Yihao, deputy director of the Shanghai Municipal Development and Reform Commission.

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一图读懂《上海市外商投资项目核准和备案管理办法》

上海市人民政府关于印发《上海市外商投资项目核准和备案管理办法》的通知（沪府规〔2021〕19号）

Notice of Shanghai Municipal People’s Government on Issuing the Procedures of Shanghai Municipality on the Administration of Approval and Filing of the Projects with Foreign Investment（SMPG D [2021] No.19）

上海市人民政府による「上海市外商投資プロジェクト認可及び届出管理弁法」の公布に関する通知（滬府規[2021]19号）

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China's FDI inflow up 14.9% to record high in 2021

Data Analysis：China remains top destination for FDI

City's paid-in foreign investment hit record US$ 22.551 billion in 2021