Shanghai Foreign Investment Development Board, Pudong Commerce Commission and China (Shanghai) Pilot Free Trade Zone Administration’s Expo Bureau hosted an investment seminar on Tuesday to attract investment to the Expo Site.

Government officials and representatives from international organizations, multinational companies, foreign consulates, foreign chambers of commerce, investment agencies and other service companies attended the seminar.

The participants included the Chinese preparation team for the New Development Bank of BRICKS countries, officials from Asia-Pacific Model E-Port Network and the International Chamber of Commerce Shanghai Office, as well as journalists from more than 20 media.

“We will create a stable, transparent and lawful business environment for companies in Shanghai,” said Gu Jun, deputy director of the Shanghai Commerce Commission.

He said the commission carried out a plan early last year to attract international organizations to Shanghai and a group of well-known international organizations and trade associations are still negotiating with the city, adding that the former Expo Site is very attractive to them.

Jian Danian, deputy director of Shanghai Free Trade Zone Administration and deputy director of Pudong New Area, said the FTZ administration will make the pilot free trade zone even more open and dynamic.

Yuan Tao, who is in charge of the Expo Site redevelopment, told seminar participants about development policies for the Expo Site, saying that many state-owned national corporations have moved their headquarters there. There are also a number of cultural and entertainment projects at the site.

Shi Feng, another Pudong official, briefed the participants on the development of Qiantan Area, which is part of the Expo Site and welcomed international organizations to set up their offices there.

Source: Shanghai FTZ Government.cn