The Shanghai Foreign Investment Association launched its Intellectual Property Working Committee in the Hongqiao International Central Business District on March 23.
As Chinese companies ramp up their international expansion, Shanghai's Hongqiao International Central Business District is becoming a vital hub for global outreach.
Chinese tech heavyweight Alibaba opened its first international one-person company (OPC) community, "Hongcheng OPC", at the Hongqiao Alibaba Center in the Shanghai Hongqiao International Central Business District on March 23.
The Hongqiao International Opening-up Hub, an area that spans Shanghai and parts of its neighboring Jiangsu, Zhejiang, and Anhui provinces, has grown into a regional hub of high-standard opening-up after five years of development.
Five years after the launch of the Hongqiao International Opening-up Hub, its core area, the Hongqiao International Central Business District, is emerging as a key node for business, innovation, trade, and connectivity.
Shanghai Hongqiao International Central Business District, a portal for China's deepened two-way opening-up, will further improve its strength in commerce, exhibition, transportation and technology innovation to prepare for high-quality development during the 15th Five-Year Plan (2026-30) period.
Since being designated as the core of the Hongqiao International Opening-up Hub five years ago, the Hongqiao CBD has made major strides in boosting transportation, business, exhibitions, and tech innovation.
Occupying less than 2 percent of the Yangtze River Delta (YRD) region's land, the Hongqiao International Opening-up Hub generated nearly 10 percent of the region's GDP.
