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Schlumberger Shanghai office upgraded to China HQ
February 01, 2023Schlumberger Oilfield Equipment (Shanghai) Co Ltd – located in the Qingpu district of East China's Shanghai – was recently officially recognized as a regional headquarters of its parent company Schlumberger, by the city's municipal commission of commerce.
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Shanghai adds 60 regional HQs of multinationals in 2022
February 01, 2023Shanghai saw 60 new regional headquarters of multinational companies and 25 foreign-funded research and development centers establish themselves there last year, according to an announcement made on Jan 3 by the Shanghai Municipal Commission of Commerce.
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Maqiao zone's Thebigtrust recognized as HQ institution
January 31, 2023Official recognition of the multinational headquarters organization for high-tech group Thebigtrust – located in the Maqiao AI Zone in East China's Shanghai city – entered the final stage at the start of the year.
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Multinationals bullish on Jing'an district
August 16, 2022In July, Italy's fourth-largest fashion company – OTB Group – opened four of its brands' largest flagship stores at the newly opened JC Plaza, located in the Jing'an district of Shanghai city in East China.
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Pudong home to 398 MNC regional headquarters
July 04, 2022Despite the disruption of the COVID-19 pandemic, the foreign direct investment in Pudong New Area in East China's Shanghai surpassed $4.25 billion in the first five months of the year, and nine multinational corporations (MNCs) set up their regional headquarters in the area, bringing the total number to 398, according to official data.