The Wall Street Herald

“Invest Shanghai – Global Roadshow” Series of Events (New York Stop) Successfully Held

On the morning of October 18, 2023, local time, the “Open Innovation Win-Win Cooperation” Global Roadshow – Invest Shanghai series of events (New York, USA) took place at the Rockefeller Center in New York. The event aimed to showcase the significant achievements in Shanghai’s industrial and economic sectors in recent years to outstanding global enterprises, further explore the cooperation potential between Shanghai and foreign investment enterprises in key industries, and attract more American businesses to focus on Shanghai, promoting mutual benefit. WANG Weiren, Deputy Secretary General of the Shanghai Municipal People’s Government, and Consul General HUANG Ping of the Chinese Consulate General in New York attended and delivered speeches. Winnie Greco, a Special Advisor and Director of Asian Affairs to the Mayor of New York, extended a warm welcome to the participants on behalf of the mayor. Over a hundred American companies participated.

Shanghai is one of the most open and economically powerful cities in China and is an important region for promoting Sino-U.S. economic and trade cooperation. Currently, there are approximately more than 5,000 American companies rooted in Shanghai and deeply engaged in China. Companies like Tesla, General Motors, Pfizer, Johnson & Johnson, 3M, Dow, Merck, Honeywell, among others, have become significant witnesses, participants, and drivers of China’s and Shanghai’s economic and social development. WANG Weiren expressed that Shanghai will continue to deepen high-level opening to the outside world, promote high-quality development, and welcome American businesses to increase their investment and presence in Shanghai for mutually beneficial cooperation.

HUANG Ping stated that Shanghai is China’s financial and trade center and sincerely hoped that American businesses would seize the opportunities, enhance confidence in investment and development in China, and establish closer economic and trade relations with China and Shanghai.

“Shanghai has always been a model of internationalization and innovation, and this event provides precious opportunities for American companies to collaborate with this vibrant city,” emphasized E.B. Kelly, Senior Managing Director of Tishman Speyer. As a global investment partner for Shanghai, Tishman Speyer will contribute to the joint innovative development of Shanghai and American companies.

During the promotional segment, ZHANG Wei, Deputy Director of the Shanghai Investment Promotion Service Center, presented the theme of “Invest Shanghai,” showcasing Shanghai’s outstanding advantages in terms of industrial base, spatial resources, and innovation ecosystem. WANG Gang, Deputy Director of Science and Technology and Economic Commission of Shanghai Pudong New Area, introduced Pudong New Area, which has world-class financial centers, shipping hubs, and a science city, as it strives to become a hotbed for global corporate development. CHEN Yao, Deputy Director of The Investment Promotion Office of Shanghai Huangpu District, introduced Huangpu District, known as the heart, window, and business card of Shanghai, inviting global entrepreneurs and investors to gather in Huangpu and share the opportunities for the development of “industries of tomorrow.” Jasper MacSlarrow, Director, International Government Affairs, Amgen, shared insights into the company’s development and experiences in establishing roots in Huangpu. QIAO Lei, Vice President of Bank of China New York Branch, shared unique insights into financial support for businesses going global.

After the event, Rob Speyer, CEO of Tishman Speyer, met with the Shanghai delegation visiting the United States.

This event was guided by the Office of the Leading Group for Investment Promotion in Shanghai and jointly organized by the Shanghai Investment Promotion Service Center, the Science and Technology and Economic Commission of Shanghai Pudong New Area, and the Investment Promotion Office of Shanghai Huangpu District, with the support of the global investment partner, the Tishman Speyer, and the Bank of China. The event was co-hosted by the Creative Twin Cities. Officials from the Shanghai Municipal Government Office, the Shanghai Municipal Transportation Commission, the Shanghai Municipal Statistics Bureau, the Shanghai Municipal Finance Bureau, and the Huaihai Zhong Road Sub-District Office of Shanghai Huangpu District, attended the event.

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