Bright colours glow and reflect on the river in this night view of the Bund in Shanghai. Shanghai has made steady growth in overseas investment and an estimated US$19.05bil of foreign capital entered the city in 2019. - China Daily/ANN
SHANGHAI: An estimated US$19.05bil of foreign capital entered Shanghai in 2019, a new high in the city's history, the municipal government said Friday (Jan 10).
An average of over US$52mil of foreign capital was invested in Shanghai daily, as the regional headquarters of 720 foreign-funded multinational companies as well as 461 foreign-funded R&D centres landed in the city by the end of 2019.
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