Shanghai Position Paper 2020/2021

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The fourth Shanghai Position Paper 2020/2021 evaluates the local business and regulatory environments for foreign investment in the wake of the COVID-19 crisis and makes recommendations to facilitate a swift economic recovery. Touted as a symbol of China’s market liberalisation and the sustained confidence of international investment, in the eyes of the European business community this event has so far amounted to little more than an ambitious trade fair.

With 38 detailed recommendations on how the local government can address the challenges of the local business environment and unlock further development potential, the Shanghai Position Paper has been published in advance of the third China International Import Expo (CIIE). Touted as a symbol of China’s market liberalisation and the sustained confidence of international investment, in the eyes of the European business community this event has so far amounted to little more than an ambitious trade fair.

While European companies are willing to bring more investment to Shanghai and help expand the city’s economy, they must first see concrete changes, not more high-level yet ambiguous plans.

Read full press release here.

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