Wendy Zhang/ Shanghai Daily news

Foreign companies played a leading role in Shanghai's foreign trade last year, accounting for seven of the top ten importers and eight of the top ten exporters in the city.
The city recorded total imports of US$95.626 billion last year, an increase of 10.53 percent year-on-year. Foreign companies accounted for around two-thirds of this.
Only three Chinese state-owned companies - Baoshan Iron and Steel Co Ltd, Baosteel Group International Trade Corporation and China Eastern Airlines Import and Export Co Ltd - are among the top ten importers, registering US$1.487 billion, US$1.409 billion and US$1.261 billion respectively, to rank seventh, eighth and ninth. 
Bax (Shanghai) Co Ltd was the champion importer last year with US$3.99 billion, followed by Intel Products (Shanghai) Co Ltd and Inventec (Pudong) Co Ltd, at US$2.403 billion and US$2.343 billion respectively.
Shanghai registered total exports of US$90.724 billion last year, an increase of 23.42 percent year-on-year, with foreign exporters accounting for 67.88 percent of the total.
Tech-Front (Shanghai) Computer Co Ltd, Inventec (Pudong) Co Ltd and Inventec Appliances (Shanghai) Co Ltd were placed first, second and third on the list, with exports of US$11.456 billion, US$4.199 billion and US$2.713 billion respectively.
State-owned Baoshan Iron and Steel Co Ltd and China Worldbest Group Co Ltd are the only two Chinese companies in the top ten.
Pudong, Songjiang and Minhang Districts were the top three districts in terms of export volumes, with US$18.099 billion, US$15.783 billion and US$7.885 billion respectively.