By Yin Jianhua
A few days ago, it was learned at the Symposium of Key Foreign-funded Enterprises in Hongkou District that Hongkou would reward the district-level transnational regional headquarters with RMB 1 million, and the district-level Foreign-funded R & D center with RMB 0.5 million. With real money and sincere help, it will help the enterprises solve the difficulties, effectively respond to the impact of the pandemic on foreign-funded enterprises with practical actions, and effectively stabilize their expectations and confidence of the development.
According to reports, at present, there are about 1,300 foreign-funded enterprises in Hongkou, involving a registered capital of about US$ 25 billion, a total sales volume of more than RMB 100 billion, and nearly 40,000 employees. Foreign-funded enterprises are an important force in the economic and social development of Hongkou. Recently, the popularity of foreign investment in Hongkou remains unabated, and a number of multinational groups from commerce, shipping, finance and other fields, such as KraftHeinz, Bose, Mitsui, DWS, have settled down in Hongkou.
At the end of May, in order to help foreign-funded enterprises resume work and production as soon as possible, the Hongkou District Commerce Committee collected the application for resumption of work and production from various parties, learned the specific needs, and promoted many foreign-funded foreign trade enterprises to enter the "white list" for resumption of work and production at the municipal level by means of multi-line interaction, multi-link linkage, multi-department coordination and etc. and helped their employees successfully apply for resumption of work permits. Besides, the district helped foreign-funded enterprises, such as APP (China) Investment Co., Ltd. and SDV (Shanghai) International Logistics Co., Ltd. take the lead in resuming work.
In order to further encourage foreign-funded enterprises to improve their energy levels, the newly issued support policy proposes that enterprises accredited as district-level transnational regional headquarters will receive a capital reward of RMB 1 million, which demonstrates Hongkou's determination and confidence to support the empowerment and agglomeration of foreign-funded headquarters, and also lays a good foundation for foreign-funded enterprises in the district to upgrade to municipal-level transnational headquarters in the future. At the same time, in order to encourage enterprises to increase energy and improve quality, the R&D centers recognized as district level ones will receive a capital reward of RMB 0.5 million.
In the next step, Hongkou will provide timely and accurate docking services to domestic and foreign-funded enterprises in the district in combination with the "pandemic prevention, economic stability and safety" visits and inspections, and strive to create a more convenient investment environment for foreign-funded enterprises operating and developing in Hongkou. Hongkou will also further strengthen the training and guidance for enterprises, help enterprises standardize pandemic prevention measures, and jointly hold the "safety line" of pandemic prevention and control. The Hongkou District Commerce Commission said that in the next stage, it would continue to strengthen foreign investment services with relevant departments, build more government and enterprise communication platforms and channels, and help foreign-funded enterprises to develop a deeper, more stable and broader market network, so as to keep pace with and share prosperity with the economic and social development in Hongkou.