Group 1: Foreign Investment in Shanghai - As of September 2023, Shanghai's actual foreign investment during the "14th Five-Year Plan" period exceeded $100 billion, reaching $100.33 billion, surpassing the target ahead of schedule [1] - In the first three quarters of this year, 4,764 new foreign enterprises were established, marking a year-on-year increase of 5.5% [1] - The total number of foreign-funded enterprises in Shanghai has surpassed 79,000, contributing over $380 billion in cumulative actual foreign investment, which is crucial for the city's high-quality economic development [1] Group 2: Headquarters Economy - Shanghai has recognized 44 new regional headquarters of multinational companies this year, bringing the total to 1,060, with 21% at the Greater China level or above [2] - The business services sector, supported by headquarters economy, accounted for $5.883 billion in actual foreign investment in the first three quarters, increasing its share of total foreign investment from 40.7% in 2024 to 48.8%, with a year-on-year growth of 68.8% [2] - Over 1/4 of Shanghai's GDP and about 1/3 of its tax revenue are contributed by foreign-funded enterprises [2] Group 3: Technological Innovation and R&D - By September 2025, Shanghai had recognized 631 foreign-funded R&D centers, with over 50% concentrated in key industries such as biomedicine, information technology, and automotive parts [3] - The development of headquarters economy is supported by policies aimed at enhancing the capabilities of regional headquarters, encouraging diverse functions and providing targeted support [3] Group 4: High-tech Industry Focus - Foreign investment in Shanghai is increasingly shifting towards high-end, intelligent, and green industries, with high-tech sectors becoming a new focus for multinational companies [4] - During the "14th Five-Year Plan" period, actual foreign investment in high-tech industries accounted for 33.5%, a 2.6 percentage point increase from the end of 2020, with high-tech manufacturing making up 52% of foreign investment in manufacturing [5] Group 5: Supply Chain Localization - Multinational companies are increasingly localizing their supply chains in China, which has become essential for global operations [6] - Panasonic has achieved 100% localization in design and R&D for home appliances and residential equipment in China, sourcing from over 3,000 local suppliers [6] - The supply chain's resilience and efficiency in China are recognized as significant advantages, contributing to global operations and market responsiveness [7] Group 6: Retail and Consumer Trends - Adidas reported a 10% year-on-year revenue growth in the third quarter, with over 60% of products sold in China designed locally [8] - The continuous growth in supply chain investment by multinational companies is enhancing China's technological capabilities and solidifying its core position in the global supply chain [8]
总部集聚、科创加码、供应链扎根:上海外资的“三重进阶”
Guo Ji Jin Rong Bao·2025-11-25 11:47