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Foreign investors invited to join Shanghai's modern industrial system

By WANG YING in?Shanghai | chinadaily.com.cn | Updated: 2026-02-05 18:02
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More than 70 foreign guests from 23 countries and regions took part in the Spring Festival blessing event for foreign representatives, jointly held by the Shanghai Municipal Commission of Commerce and the Jing'an district government on Feb 3, 2026. [Photo provided to chinadaily.com.cn]

With foreign investment serving as an important contributor to the city's economic achievements, Shanghai is committed to continuously improving its world-class business environment and inviting foreign investors to share business opportunities arising from China's further opening-up, according to official sources.

"Thanks in part to the efforts and contributions of foreign-funded enterprises, Shanghai's GDP amounted to 5.67 trillion yuan ($816.93 billion) in 2025, retail sales of consumer goods exceeded $230 billion, and the city's imports and exports surpassed $620 billion," Zhu Min, deputy secretary-general of the Shanghai Municipal Government, said during a speech at an event ushering in the New Year in Shanghai on Tuesday.

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