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Shanghai banks on big-ticket foreign direct investments to achieve ambitious growth and employment targets

Summary:
[unable to retrieve full-text content]Shanghai, the mainland’s commercial and financial capital, riding high on the success of Tesla’s Gigafactory 3, is on the lookout for more foreign direct investment (FDI) projects to achieve ambitious growth and employment targets the city has set this year.Mayor Gong Zheng told a press conference on Wednesday that Shanghai remained the top choice for global investors looking to secure a foothold in the mainland, and FDI projects would continue to be a major growth driver for the country’s…

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[unable to retrieve full-text content]
Shanghai, the mainland’s commercial and financial capital, riding high on the success of Tesla’s Gigafactory 3, is on the lookout for more foreign direct investment (FDI) projects to achieve ambitious growth and employment targets the city has set this year.Mayor Gong Zheng told a press conference on Wednesday that Shanghai remained the top choice for global investors looking to secure a foothold in the mainland, and FDI projects would continue to be a major growth driver for the country’s…

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