Shanghai Daily news

A state-owned enterprise yesterday became the first in Shanghai to sign a global partnership deal with the 2010 World Expo.

Shanghai Industrial Investment (Holding) Co Ltd (SIIC) will cooperate with Expo organizers in industrial investment and pharmaceuticals.

Shanghai Vice Mayor Yang Xiong said the deal indicated that SIIC was fulfilling its social responsibility by supporting the city's largest event.

The company has established nine overseas regional headquarters covering infrastructure, information technology, financial investment, hotels and tourism, auto parts as well as property markets.