Collaborating with Global Investors to Share Development Opportunities at the North Bund

At the CIIE, Hongkou held several promotional activities related to the North Bund.

On November 6, the North Bund Investment Promotion and Key Projects Signing Activity was held in the North Bund Pavilion of the CIIE, to share with global investors new opportunities for the development of the North Bund and build it into an important window of the Chinese path to modernization and a vivid model of high-level opening up.

District Party Chief Li Qian attended the event and presented service packages to newly introduced key enterprises. Lu Ming, Deputy District Party Chief and District Governor, delivered a welcome speech. Also attending were Xiang Xi, Party Committee Member, Chief Business Manager, and Vice President of Shanghai Branch of Bank of China, and Zhao Xiaolei, Director of the Shanghai Investment and Technology Promotion Office of the United Nations Industrial Development Organization. Chen Shuai, Deputy District Governor, presided over the event.

During his welcome speech, Lu Ming said that Hongkou had actively participated in the past 5 CIIE sessions, reaped the spillover effect of the CIIE, consistently promoted major policy releases, and continuously held major investment promotion activities. "Activities held every week, contracts signed every month, and construction launched every quarter" became a new normal for the economic development of Hongkou. Next, we would adhere to the bustling cityscape, the flocked investment promotions, and the busy construction sites, create images and shape functions, and promote the comprehensive development of the North Bund, to vigorously build a new engine for Shanghai's "central development", a new landmark that leads the north-south development axis, and a new benchmark for Shanghai's reform and opening up in the new era.

The solid promotion of the "service package" system for key enterprises

The "service package" system for key enterprises is an innovative measure in Shanghai to facilitate talk channels between the government and enterprises and improve the specialization of serving enterprises. Through regular visits and contacts, dedicated service, customized policies, and digital means, policies reached precisely and directly, convenient services were got, demands were efficiently handled, and the sustainable and healthy development of various business entities was comprehensively promoted.

district officials presented "service packages" to newly introduced key enterprises such as Shanghai Harveck Optoelectronic Technology Co., Ltd., and China Commercial (Shanghai) Law Firm. Guang Dong, Shanghai Zhongrui Zhuoyue Digital Technology Co., Ltd., and Shanghai Jianshen Housing Leasing Private Equity Investment Fund Partnership. The "service package" included both inclusive policy integration and personalized policies and solutions tailored to the development positioning and actual needs of the enterprises. It equipped the enterprises with exclusive "service managers" to provide professional services and solve personalized demands one-on-one.

In the future, Hongkou will continue to implement various measures of "service packages", focus on the demands of enterprises in talent services, provide a series of services such as talent introduction, settlement counseling, housing, medical consultation, etc., continuously build a strong magnetic field for talent gathering and continuously optimize new mechanisms for serving enterprises.

The North Bund International Legal Service Port debuts

The rule of law was the best business environment. As the highlight of the event, the unveiling of the North Bund International Legal Service Port and the release of the "Several Measures of Hongkou District to Promote the High-Quality Development of Legal Service Industry and Build the North Bund International Legal Service Port" have taken a crucial step towards accelerating Hongkou's efforts to build a global Asia Pacific arbitration center and the Shanghai International Legal Service Center into a regional legal service innovation ecosystem.

Synchronized with the building of the "North Bund International Legal Service Port", Hongkou has formulated 14 specific policy measures, including household registration rewards, rental subsidies, and housing guarantees, in five aspects: encouragement to household registration, improvement of talent support, rewards to professional development, rewards to comprehensive contribution, and optimizing the development environment. It actively connected with the construction requirements of the Shanghai International Legal Service Center and the Asia Pacific Arbitration Center facing the world. Focusing on "one core", "one belt", and "multiple points", Hongkou would build an international first-class legal service highland, and promote the overall improvement of the legal service industry’s scale, level, and internationalization in Hongkou.

Wang Lin, Party Chief and Director of the District Judicial Bureau, said, "The unveiling of the North Bund International Legal Service Port will effectively promote the transformation of government functions and the improvement of public legal service capabilities, and build a first-class legal and business environment for the high-quality development of Hongkou's economy."

The "monthly signing" ceremony for key projects held

The district officials witnessed the signing of key projects on the North Bund. The North Bund Group, North Mid-ring Technology Innovation Group, and investment service centers in the district signed contracts with 21 key enterprises, covering multiple fields such as the green industry, intelligent industry, finance industry, and shipping industry. It was worth mentioning that Shanghai Gongrong Futeng Yunkang Private Equity Fund Partnership, the newly established enterprise in Hongkou, which participated in this signing, would serve as the SPV for the Shanghai Pharmaceutical Cloud Health Project to help the latter continue to strengthen its digital business and upgrade its internet platform, with a total fund size of 210 million yuan.

With the continuous promotion of a new round of development and construction at the North Bund, Hongkou has further strengthened the reform of the investment promotion system, focused on increasing investment enthusiasm, continuously promoted the "monthly signing" activities of key enterprises, attracted more “good enterprises", "good projects", and "good industries". Since the beginning of this year, the district has successfully held 11 "monthly signing" events, with a total of over 180 signed projects and a planned investment of over 70 billion yuan. A large number of key projects with high levels, wide radiation, strong impetus, and diverse fields have emerged, adding new momentum to the high-quality development of Hongkou's economy.

The future North Bund will become a future city model room representing the country's participation in the competition and cooperation of top central business districts in global cities, with higher functional positioning, a better business environment, stronger development momentum, and more diverse spatial carriers. Hongkou sincerely provides a platform for entrepreneurs, financiers, and investors with an international perspective and strategic vision to start businesses and realize value. We look forward to in-depth cooperation and creating a better future together!

After the meeting, Li Qian and Lu Ming went to the booths of companies such as Fengyi International, Unity Shanghai, Panasonic Electric Appliances, Sinar Mas Group APP, and SynthAsia to conduct research. They had friendly talks with relevant heads of the companies, gained a detailed understanding of the situation, and thanked for their long-term strong support for the economic and social development of Hongkou.