Core Insights - The article highlights the significant role of Lujiazui in Shanghai as a hub for foreign investment and international business development, showcasing various global financial institutions and companies that have established a presence there [1][4]. Group 1: Economic Contribution - Lujiazui Financial City covers an area of 31.78 square kilometers and hosts over 47,000 enterprises, contributing nearly 14% of Shanghai's total economic output and 40% of the economic output of the Pudong New Area [5]. - The GDP of Lujiazui accounts for approximately 40% of Pudong New Area's GDP, with the financial services sector being the primary driver, contributing nearly 60% to Lujiazui's GDP [5][6]. - Lujiazui has established over 285 commercial buildings, with more than 110 buildings generating tax revenues exceeding 100 million yuan [5]. Group 2: Foreign Investment and Financial Institutions - Lujiazui is recognized as the most internationalized CBD in China, hosting 70% of the country's foreign asset management institutions, 40% of foreign banks, and 55% of foreign-owned public funds [6]. - The area has attracted 148 regional headquarters of multinational companies and contributes nearly 50% of the tax revenue from foreign enterprises in the region [6][9]. - Lujiazui has been a pioneer in establishing various foreign-funded financial institutions, including the first wholly foreign-owned public fund and securities firms in China [9]. Group 3: Technological Development and Innovation - Lujiazui is actively developing the Lujiazui Smart Port, focusing on digital transformation and leveraging AI technologies to enhance productivity and operational efficiency [10][11]. - The establishment of EY wavespace in Lujiazui serves as an innovation growth center, utilizing cutting-edge technologies to empower business growth and provide services to external clients [10]. - In the first seven months of the year, Lujiazui saw the establishment of 156 new foreign investment projects, with a contract foreign investment amounting to $923 million, reflecting a year-on-year growth of 14.37% [11].
国际巨头齐聚陆家嘴,扩大金融对外开放|活力中国调研行