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International trade

Shanghai's Yangpu District Enhances Cross-Sectoral Collaboration for Economic Growth

Strategic Insights

— 1 min read

Shanghai's Yangpu District is taking proactive steps to strengthen cross-sectoral collaboration and professional service capabilities to drive economic growth. The District Commerce Commission recently held a policy training session on commerce, inviting the Municipal Commerce Commission's Foreign Investment Department to present guidance on municipal foreign investment policies. This training session is part of a series of initiatives launched by the district to enhance collaboration, professional service capabilities, and the business sense of achievement.

Key Takeaways:

  • The Yangpu District Commerce Commission held a policy training session on commerce, inviting the Municipal Commerce Commission's Foreign Investment Department to present guidance on municipal foreign investment policies.
  • The training session focused on key areas such as commerce, foreign investment, and foreign trade, providing interpretation on specific policies and certification standards.
  • Representatives from various departments, sub-district business offices, and industrial park officials attended the training session, including the District Science and Technology Commission, the District Investment Promotion Office, and relevant industrial park officials.
  • The Municipal Commerce Commission presented the current status of multinational headquarters development in the city and provided a detailed explanation of city-level policy measures to support the upgrading of multinational headquarters.
  • The Yangpu District has launched various initiatives, including consumer vouchers, roundtable meetings with companies from key countries, and forums on featured industries, stimulating the vitality of the consumer market and enhancing the resilience of the trade supply chain.
  • The district's retail sales of consumer goods and import and export trade have increased by 8% and 22% year-on-year, respectively, maintaining leading positions in the city.

Statistics:

  • 8% increase in retail sales of consumer goods in the Yangpu District year-on-year
  • 22% increase in import and export trade in the Yangpu District year-on-year
  • Leading position in retail sales of consumer goods and import and export trade in the city
  • Year spent launching various initiatives to enhance cross-sectoral collaboration

Sources:

  • Yangpu District of Shanghai Municipality (https://www.shyp.gov.cn/shypq/xwzx-bmdt/20250818/488172.html)

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