Shanghai has passed its COVID-19 infection peak of the current surge, the city's epidemic prevention and control authorities claimed on Tuesday.
International Flavors & Fragrances (IFF), a leading flavor and fragrance brand from the United States, recently set up operations in the IBP International Business Park in the Shanghai Hongqiao International Central Business District.
The total exposure of the fifth China International Import Expo has exceeded 5.6 billion hits and that of all five sessions of the annual event combined has surpassed 10 billion hits.
The "Silk Road e-commerce" Spring Festival Shopping Festival which is hosted by the Hongqiao Import Commodity Exhibition and Trade Center was launched in Shanghai Hongqiao International Central Business District on Jan 13.
Shanghai has set a GDP growth target of above 5.5 percent for 2023 and experts say the fulfillment of this "achievable goal" will support China's sustainable development in the long term.
Shanghai's law-based business environment has continuously been improving in the past few years, the city's legislators were told on Thursday.
The South Hongqiao Area, namely the Minhang Area of the Shanghai Hongqiao International Central Business District, brought in contracted foreign investment of $1.08 billion from January to November 2022, with the actual use of foreign capital totaling $610.71 million, which exceeded its annual goal for 2022.
Construction on the Shanghai Xiehua Brain Hospital is nearing completion in the Shanghai Hongqiao International Central Business District and is expected to open around the middle of the year.
