Shanghai holds certificating ceremony for MNC
The certificating ceremony for multinational companies' regional headquarters and R&D centers is held in Shanghai on May 6. [Photo/WeChat account: zhangjiangfabu]
The government of Shanghai held a certificating ceremony for multinational companies' regional headquarters and R&D centers on May 6.
Shanghai Mayor Ying Yong awarded certificates to 22 newly identified regional headquarters of multinational companies and five R&D centers.
Two of the awarded R&D centers were from the Zhangjiang National Innovation Demonstration Zone – GenFleet Therapeutics Inc and Honeywell Automotive Parts Services (Shanghai) Co Ltd.
GenFleet Therapeutics, founded in 2017, focuses on the R&D of innovative drugs. Honeywell entered China in 1994 and was one of the first foreign companies to bring turbocharging technology to the country.
As a hot spot for foreign investment, Shanghai had attracted a total of 97,000 foreign-funded projects with contracts worth $471.2 billion, 670 regional headquarters of multinational companies and 441 foreign-invested R&D centers by the end of 2018.
35 measures to promote talent development in PudongPudong in Shanghai released 35 measures on April 3 to promote the development of talented personnel.