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Shanghai vows to cut red tape as China steps up foreign investment drive

China’s financial hub is putting in more effort to attract and retain overseas capital as economic, trade landscape grows more uncertain.



Shanghai is cutting red tape and improving corporate rights protection to attract foreign investment amid geopolitical tensions and economic challenges. The city launched an investment promotion event, promising a better business environment and responsive governance. This effort follows a broader push by China to attract foreign investment to offset trade and technology restrictions.

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