China is opening more industries to foreign investors with the release of new shortened negative lists, as part of the country's effort to spur the coronavirus-hit economy and create more opportunities for foreign investors.
The State Council on June 22 approved the establishment of a national fund for the development of small and medium-size enterprises in Lujiazui, Pudong New Area, Shanghai.
The COVID-19 epidemic has not deterred the further opening up of the Chinese capital market, but rather spurred the same, as the central government has resolved to advance reform and development via further opening-up.
The Shanghai government has approved the establishment of the Jinqiao 5G Industrial Park, according to a conference held in Fengxian district, Shanghai on June 16.
While China's major economic indicators have shown marginal improvement amid the COVID-19 epidemic, continued efforts are needed to make the nation's prudent monetary policy more appropriate and flexible to better serve the real economy.
The 12th Lujiazui Forum will be held in Shanghai from June 18 to 19, gathering government officials and financial experts to discuss and foster international financial cooperation and further the reform and opening-up of China.
Shanghai Artemed Hospital, the first foreign-owned general hospital in the Shanghai Free Trade Zone launched international diagnosis and treatment services on June 5.
Shanghai Diamond Exchange (SDE) was founded in Lujiazui, Pudong New Area, Shanghai on Oct 27, 2000. Its mission is to provide a fair and safe trade venue for the diamond industry in China.