Capital rewards
By Wei Tian | China Daily | Updated: 2010-02-08 07:42
Like many people in Shanghai, the life of foreign capital registrar Yan Xiaoxuan has become busier because of the Expo due to the increase in foreign investment in the city.
"The 2010 World Expo is bringing in more foreign companies, especially construction companies and advertising agencies who want a piece of the cake," said the 27-year-old, who works at the Shanghai Industrial and Commercial Bureau.
Yan's department is responsible for registering, de-registering and modifying the details of over 10,000 foreign organization representatives in Shanghai. According to an earlier announcement by the Shanghai Commerce Commission, the investment invitation strategy in the Expo year calls for stricter approval and higher efficiency.
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