Qingpu sets target for investment
Print Edition
Qingpu District in Shanghai aims to achieve a total contract value of US$1.8 billion in foreign investment and make doing business in the district easier in 2020, the district government announced yesterday.
The total paid-in value of the district鈥檚 foreign investment is set at US$900 million this year and its logistics industry is expected to surpass the 100-billion-yuan (US$14 billion) mark, with software information and modern business and trade industry clusters standing at 50 billion yuan respectively, the local government said.
Development of high-end equipment, medical apparatus and instruments, new materials, automobiles, MICE and cross-border e-commerce industries are also on the agenda.
Qingpu will further cut red tape in government affairs application in the new year, authorities said yesterday.
鈥淚mproving the business environment will lift the district鈥檚 competitiveness. Qingpu will create a top-class business environment for companies to spur the vitality of market entities,鈥 said Zhao Huiqin, Party secretary of the district.
A one-stop service portal will cut the time to start a new business to one day.
Business licenses, invoices and company seals will be delivered via a single platform.
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