The city has recognized the regional headquarters of the first group of 94 homegrown and foreign trading companies as the city continued its efforts to build itself into an international trading center.
35,000 new firms are registered in the China (Shanghai) Pilot Free Trade Zone by the end of April, and of them, more than 5500 are foreign funded, latest statistics by the FTZ administrative committee showed.
Shanghai University Xiaoke Robot Joint Laboratory was launched in Shanghai on Sept. 14, 2015 with a view to realize the cooperation among industry, education and research and foster talents. The lab may become Microsoft or Google in the future robot industry.
Uber announces its official settlement into Shanghai Free Trade Zone on Oct. 8, 2015. Currently, it is preparing materials to apply for the license of online taxi booking platform as soon as possible.
The world’s largest artwork bonded warehouse will be located in Waigaoqiao area of Shanghai Free Trade Zone. When it is put into use in 2017, the complex will offer whole-link services including artwork trading, auction,appraisal and evaluation. The value of the collections stored here is expected to reach RMB 100 billion Yuan.
Foreign research & development centers has become the important interface for Shanghai to integrate into the global innovation network and plans have been drafted to promote the development of the centers, said Gu Jun, Deputy Director of Shanghai Municipal Commission of Commerce during an online live chat of Eastday.com in Shanghai, September 1, 2015.