24 Multinational Companies Relocate Their Regional Headquarters In Shanghai

The Walt Disney Co., Kraft Food Inc., and Novartis International AG with 24 multinational companies that decide to relocate their regional headquarters in Shanghai, China. Multinational companies, six of them listed in the Fortune Global 500 in the world, get a certificate to move their regional headquarters in Shanghai.

Currently, the total number of multinational companies headquartered in Shanghai, 795, including a regional center for research and development. These conditions make the status of Shanghai as a major destination for multinational corporate headquarters. ”The growth of foreign companies is a recognition of the favorable investment climate for foreign investors in Shanghai,” said Sha Hailin, chairman of the Trade Commission of Shanghai.

“This is a special moment when the World Expo held in Shanghai. This exhibition is more and more people aware of the potential foreign Shanghai, he said. During the global economic downturn, foreign investment in Shanghai rose 4.5 percent over the previous year (2009), which hit a record 10.5 billion U.S. dollars.

During the first six months of this year, foreign investment in Shanghai reached 5.4 billion dollars, according to the Trade Commission of Shanghai. Cumulative foreign investment in Shanghai for the year to 110.7 billion dollars. This figure is the third city in China Shanghai Foreign Investment Environment of the province ($ 230 billion) and Jiangsu (200 billion dollars) in Guangdong.

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