Core competitiveness, new quality productivity, and ＂magnetic attraction＂ of foreign capital Shanghai’s ＂grasping fingers into fists＂ promote high-quality development.

CCTV News:The State Council Press Office held a series of press conferences on "Promoting High-quality Development" on March 28th. Gong Zheng, deputy secretary of Shanghai Municipal Party Committee and mayor, introduced that Shanghai continued to promote the construction of "five centers", and the city’s energy level and core competitiveness jumped greatly.　

According to reports, in 2023, Shanghai’s gross domestic product reached 4.72 trillion yuan, the total financial market transactions reached more than 3,300 trillion yuan, and there were more than 1,770 financial licensed institutions. The container throughput of Shanghai Port is 49.158 million TEUs, leading the world for the 14th consecutive year, and the port trade volume continues to rank first among cities in the world. The proportion of R&D investment in Shanghai’s GDP has increased to 4.4%, and the number of high-value invention patents per 10,000 population has reached 50.2. In the latest round of ranking of scientific and technological innovation clusters by the World Intellectual Property Organization, Shanghai ranks fifth in the world.

Gong Zheng said that Shanghai will strengthen the deep integration of scientific and technological innovation and industrial innovation, actively promote new industrialization, strive to build a number of world-class high-end industrial clusters, and further implement the promotion strategy of the Pilot Free Trade Zone.

Gong Zheng, deputy secretary of the Shanghai Municipal Party Committee and mayor, said: "Take the lead in building an institutional system and supervision model that is in line with international high-standard economic and trade rules such as CPTPP and DEPA, and speed up the construction ‘ Silk Road E-commerce ’ Major trade carriers such as the Cooperation Pioneer Zone, the Import Trade Promotion Innovation Demonstration Zone, and the Oriental Hub International Business Cooperation Zone will promote the accelerated development and large-scale development of new trade such as offshore trade, cross-border e-commerce and bonded maintenance. "

Shanghai has the foundation and advantages to develop new quality productivity.

At the press conference on the theme of "Promoting High-quality Development" on March 28th, Gong Zheng also said that Shanghai has the foundation and advantages to develop new-quality productive forces, which is also the key for Shanghai to achieve high-quality development.

At present, there are 20 major scientific and technological infrastructures built, under construction and planned in Shanghai, and a number of high-level research institutions, such as Li Zhengdao Institute and Mathematics and Interdisciplinary Institute, have been introduced to gather more than 800,000 talents in the three leading industries of integrated circuits, biomedicine and artificial intelligence. Gong Zheng said that in the future, Shanghai will promote the deep integration of advanced manufacturing and modern service industries, and promote the transformation and upgrading of traditional industries.

In building an innovative highland for emerging industries, Shanghai will continue to break through a number of "stuck-neck" key links and enhance the resilience and safety level of the industrial chain supply chain. Accelerate the construction of four trillion-level industrial clusters of electronic information, life and health, automobiles and high-end equipment, and two 500-billion-level industrial clusters of advanced materials and fashionable consumer goods. Cultivate "4+5" and strive to seize the highland of future industrial development.

Gong Zheng said that "4" is four new track industries, mainly digital economy, green and low carbon, metauniverse and intelligent terminals; "5" is the five future industrial directions, including future health, future intelligence, future energy, future space and future materials. It is necessary to continue to increase the layout of disruptive technologies and cutting-edge technologies, lay a good battle for key core technologies, and strive to take the lead in establishing industrial development advantages in several sub-sectors.

Shanghai will attract foreign investment with greater sincerity and openness.

In addition, Huayuan, vice mayor of Shanghai, said at the press conference on March 28th that Shanghai will attach importance to attracting and utilizing foreign capital with more sincere opening-up measures.

Up to now, Shanghai has actually used more than 350 billion US dollars of foreign capital, attracting more than 70,000 foreign-funded enterprises to develop.

In 2023, the actual use of foreign capital in Shanghai exceeded $24 billion, exceeding $20 billion for four consecutive years. There are 65 regional headquarters of multinational corporations and 30 foreign R&D centers respectively, reaching 956 and 561 respectively, making it the most concentrated city in China.

In the future, Shanghai will implement the national version of the negative list of cross-border service trade and the new version of the negative list of foreign investment access, so that more foreign-funded projects have guaranteed space, high approval efficiency and zero service time difference.

Huayuan, member of the Standing Committee of Shanghai Municipal Committee and deputy mayor, said: "We will implement the national measures to completely lift the restrictions on foreign investment in the manufacturing sector, further implement the comprehensive pilot project of expanding and opening up the national service industry, and support foreign-funded enterprises to invest more in key areas such as green development, digital transformation and scientific and technological innovation. We will continue to run the government-enterprise roundtable of foreign-funded enterprises, solve practical difficulties and problems for foreign investors in Shanghai, and further enhance the sense of acquisition of foreign-funded enterprises with more accurate and high-quality services. "