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'Grow With China' event showcases Shanghai's rise as an economic powerhouse

By Wang Keju, Ouyang Shijia and Zheng Yiran in Shanghai | chinadaily.com.cn | Updated: 2025-10-20 21:55
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Marc Horn, president of Merck China [Photo by Gao Erqiang/China Daily]

Merck's presence in Shanghai is not an isolated phenomenon, but a deliberate outcome of the city's policy and positioning.

"Shanghai keeps the prices of operation low while linking to the real economy," Economist David Blair said. "That's the key for Shanghai's growth and for China's growth - emphasizing new technologies linked with real production."

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