Shanghai sets priorities for attracting investment

Shanghai will keep introducing and implementing more opening-up policies as it continues to make a name for itself as a key global investment choice, according to municipal authorities.

The city will prioritize attracting foreign investors in the following three areas: those engaged in the services sector, those hosting regional/country headquarters, and those seeking to establish research and development sites, Shanghai Mayor Ying Yong said.

"Opening-up has always been Shanghai's biggest advantage. The city is rooted in it and thrives on such a premise," Ying said.