Shanghai unveils measures to promote foreign investment

As an important measure to implement the Foreign Investment Law that will take effect on Jan 1, Shanghai has established a foreign investment promotion service platform to better serve foreign investors.

The platform, which was launched at the city's promotion convention held on Wednesday, is part of the city's latest efforts to improve its business environment to promote foreign investment.

"There should always be improvement in terms of cultivating a good business environment. In Shanghai, we must continue to benchmark against the best practices and higher standards in the world and better respond to the needs and demands of the business community and people," said Shanghai Mayor Ying Yong.