MNCs keep the faith in Shanghai as key HQ destination By HE WEI in Shanghai | China Daily | Updated: 2021-05-25 08:01 Share CLOSE Tourists take photos at the Bund area of Shanghai. [Photo by Wang Gang/For China Daily]
Shanghai recognized on Monday a new batch of multinational corporations that set up their regional headquarters or research and development centers in the city, a move further cementing its position as the magnet attracting foreign businesses.
A ceremony attended by mayor Gong Zheng certified 30 MNCs regional headquarters and 10 R&D hubs, with business executives touting China s allure as an investment destination thanks to market vibrancy and favorable policies.
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