During the 40 years of reform and opening up, Shanghai has been closely following the strategy of China~s opening up to the world, grasping the global industry transfer tendency , keeping pace with the arrangement of multinational companies, giving full play to the regional advantage and factor endowment, serving the goal of Shanghai Urban Development, which provides the advantages for the Yangtze River Delta region . After 40 years of continuous growth in attracting foreign investment, Shanghai is confronted with a sharp rise in the cost of land, labor and living, which brings unprecedented difficulties to Shanghai. To make further progress in promote the reform and opening up, Shanghai still needs to grasp the international capital industry, regional flow, closely focus on the headquarters＇ function, service opening and technical innovation and other key areas, to overcome the rising cost of attracting capital, and continue to play the key role of using foreign investment.
Reform and Opening up
Shanghai ＇ s FDI
Research and development innovation