When Ma Jikai wanted to help a friend open a restaurant in Shanghai a number of years ago, the complicated process took over one month and required going to a service center multiple times to obtain permits and licenses.
The industrial output of Pudong New Area in Shanghai was valued at 443.7 billion yuan ($64.29 billion) in the first half of this year, up 2.8 percent year-on-year.
The municipal government of Shanghai pledged on Friday to cut at least 100 billion yuan ($14.3 billion) worth of expenditures for the city's small and medium-sized enterprises.
Shanghai's sci-tech hub Zhangjiang Science City has recently seen a string of local companies getting listed on the Shanghai Stock Exchange's sci-tech innovation board.
Pudong is working to build itself into a core area for the innovative development of the e-sports industry in Shanghai, which hopes to become a global e-sports hub.
Japan's Disco Hi-tec Corporation announced July 23 it would relocate its regional headquarters to the Waigaoqiao bonded area of the China (Shanghai) Pilot Free Trade Zone.
A total of 54 investment projects worth more than $8 billion are signed at a ceremony in Shanghai July 22.
Shanghai Zhangjiang Group announced on July 11 that it will establish a robot valley and develop it into world-class hub and innovative center for the robotics industry, according to a local news report.