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MNCs relocate HQs to Pudong
Source: Shanghai Daily |
September 6, 2013, Friday
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Print Edition
Print Edition
A total of 202 multinational companies have located their regional headquarters to Shanghai’s Pudong New Area, said a report released by the area’s commission of commerce yesterday.
Sixty of these headquarters have been upgraded to Asia-Pacific headquarters, according to the 2013 Blue Book of Regional Headquarters Development of Multinational Companies in Pudong. Last year, the total revenue of headquarter enterprises in Pudong was 247.3 billion yuan (US$40.5 billion), and tax payment amounted to 16.5 billion yuan.
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