Source from Shanghai Pudong New District Investment Promotion Working Conference in the Latter Half of the Year held on July 23 was that from January to June, there were a total of 422 foreign-invested enterprises with increase of capital in Pudong New District with newly increased contractual foreign investment of USD1.73b. Among them, service industry increased capital apparently with total increased contractual foreign investment of USD1.5b. Capital increasing has become the major form of Pudong attracting foreign investment.
Liu Jinping, Deputy Director of Shanghai Foreign Economic Relation & Trade Commission revealed Pudong would be supported to have a trial run in attracting foreign investment to struggle to get more major functional and exemplary projects settled in Pudong, proactively gain support of relevant national sectors in such professional service fields as legal service, accounting and auditing, permitted to lead off foreign investment attracting as a pilot site and further granted approval rights in industries including commerce and freight forwarding.
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