2013 briefing on shanghai’s commerce and investment
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2013 Briefing on Shanghai’s Commerce and Investment. Zhang Xinsheng Party Secretary and Vice Chairman of Shanghai Municipal Commission of Commerce. Ⅰ Shanghai’s commercial development in 2012. S erve a huge market. O ptimize overall environment. Establish a big platform. - PowerPoint PPT PresentationTRANSCRIPT
2013 Briefing on Shanghai’s Commerce and Investment
2013 Briefing on Shanghai’s Commerce and Investment
Zhang Xinsheng Party Secretary and Vice Chairman of
Shanghai Municipal Commission of Commerce
Ⅰ Shanghai’s commercial development in 2012Ⅰ Shanghai’s commercial development in 2012
In 2012, under the strong leadership of Shanghai Party Committee and Municipal People’s Government, with concerted efforts from foreign agencies and MNCs in Shanghai, the business sector well accomplished all the tasks designated for development and injected new vigor into Shanghai’s development through transformation.
Establish a big
platform
Serve a huge
market
Promote opening-
up
Optimize overall
environment
Last year, Shanghai’s commercial sector enjoyed steady development Structural
adjustment continued to speed up
The economy was further driven by consumption
Merchandise sales Social consumer goods sales
Total volume:5.4 trillion RMB
Up by 16.8% year on year
Total volume:738.7 billion RMB
Up by 9% year on year
The commercial added value took up bigger share in Shanghai’s GDP, boosting economic growth.
30%
24%
As share of national totalAs share of
national total
As share of Shanghai’s total
As share of Shanghai’s total
Last year, Shanghai’s commercial sector enjoyed steady development Structural adjustment continued to speed up
Structure of foreign trade continued to be optimized
The import and export of trade in services realized 148 billion USD, up by around 15% year on year. Trade in goods decreased by 0.2% year on year, where import grew faster than export, general trade faster than processing trade.
According to statistics by Ministry of Commerce and several provinces and municipalities, paid-in capital nationwide was down by 3.7% year on year, while shanghai was 24.2 percentage point higher than national level, with growth rate faster than any provinces and cities in East China.
Last year, Shanghai’s commercial sector enjoyed steady development Structural adjustment continued to speed up
22.338 billion USD, up by 11.1% year on yearContractual
foreign capitalContractual
foreign capital
Paid-in capitalPaid-in capital
Foreign capital absorption hit a record high
15.185 billion USD, up by 20.5% year on year
Foreign investment in the tertiary, second and
first industry accounted for 83.5%, 16.4% and
0.1% of paid-in capital, respectively. Service
industry enjoyed the largest share.
Annual FID totaled at 3.24 billion USD up by 22% year on year
1
Private enterprises made active investment merger and acquisition witnessed an increase.
2
Newly signed foreign contracted projects stood at 10.31 billion USD.3
Foreign economic cooperation was proactively promoted
Last year, Shanghai’s commercial sector enjoyed steady development Structural adjustment continued to speed up
Over the past year, new progress was made in critical business sector
The main body of national exhibition complex in Hongqiao business district came into operation smoothly. The 1st China (Shanghai) International Technology Fair, approved by the State Council, will be held from May 8th to 11th this year.
Further promote comprehensive pilot projects in modern service sector. Focusing on urban consolidation system, modern business area and public platform of international trade center, the first batch of pilot projects went on well with paid-in investment 4.76 billion RMB. An array of forward-looking and strategic projects and economic platform covering different industries and departments emerged.
Modern business districts and commodity trading platform developed faster. Shanghai gained deeper pricing influence and larger say in market.(e.g. deformed steel bar swap contract, with price index by Mysteel as benchmark, got listed in NYMEX)
Exhibition
Public Platform
Trade
The exemplary and influential
role of the platform further
manifest
Over the past year, new progress was made in critical business sector
The number and energy level of regional headquarter of MNCs was further enhanced
By now, Shanghai hosts 265 holding companies
25 holding companies newly established
50 regional headquarters of MNCs
17 R & D centers newly set up
403 regional headquarters of MNCs
351 R & D centers
Policies on regional headquarters of MNCs were improved. Measures, such as Implementation Recommendation on the Regulation of Encouraging MNCs to Establish Regional Headquarters in Shanghai, Recommendations on Encouraging FIEs to Establish R & D Centers in Shanghai, were amended and issued.
Over the past year, new progress was made in critical business sector
More fields were opened-up and methods were improved
New progresses achieved in opening-up of service industryPudong New Area as one of the first pilot areas for commercial factoring projects in China
Innovation in investment promotion
More utilization of foreign capital in Strategic and emerging industries
Over the past year, new progress was made in critical business sector
Overall environment for commercial development were further optimized
Ⅱ Vision for business development in 2013Ⅱ Vision for business development in 2013
Merchandise sales grows by about 15% in volume, consumer goods
sales grows by about 8%. The scale of trade in goods will be
stabilized, while volume of trade in services will be up by around
12%. Utilization of foreign capital will keep growth momentum
with upgraded quality, added by around 35 regional headquarter of
MNCs. Outbound investment increases by 10%.
ⅰ.With implementation of Rules on Promoting the Construction of International Trade Center in Shanghai, dedicated efforts will be made to transform Shanghai into an International Trade Center
ⅱ.With optimizing structure, exploring depth and facilitating benefit as focus, endeavor will be made to cultivate new advantages of open economy
Proactively participate in strategic and prospective researches on deepening opening up under the new circumstances
Improve related policies on supporting Asia Pacific headquarter of MNCs
Encourage Chinese enterprises to go global
Take proactive action
Enhance strength and effectiveness of holding and participating exhibitions overseas, facilitate investment in self-owned brands and R & D
Increase comprehensive advantages of foreign capital utilization, improve overall benefit
Strengthen capacity of transnational operation, encourage investment, M & A overseas so as to upgrade foreign contracted engineering projects and labor service cooperation
Pursue innovation-driven growth
ⅲ.With emphasis on boosting domestic demand and consumption as so to benefit the people, efforts will be made to strengthen the role of consumption in economic growth
Steadily enlarge consumer spending
e.g. life services
Actively promote consumption hot spots
e.g. community commerce
Strongly support technological innovation and
applicatione.g. e-commerce
Based on strategy of boosting domestic demand, Recommendations on Deepening Reform of Circulation System and Accelerating Development of Circulation Industry will be issued soon so as to further improve the long-term mechanism of expanding consumer demand and cultivate new growth point of consumption
Based on strategy of boosting domestic demand, Recommendations on Deepening Reform of Circulation System and Accelerating Development of Circulation Industry will be issued soon so as to further improve the long-term mechanism of expanding consumer demand and cultivate new growth point of consumption
ⅳ.With focus on promoting comprehensive pilot projects of modern service industry, endeavor will be made to step up the development of modern service industry
Develop platform economy
Develop platform headquarter companies thatlocate core operation of initial design and end marketing in Shanghai and that possess resources and launch e-commerce
Accelerate construction of public platforme.g. China (Shanghai) International Trade Networks,China Foreign Economic Policy Research Platform
Pursue innovation in emerging industries
Build up urban consolidation system
Promote model: place order on the internet, pick up goods in real store
Promote the in-depth and uniquedevelopment of International business service areae.g. wine, gold and jewelry
ⅴ.With emphasis on improving government administration and service, efforts will be made to create a competitive environment for business development
Stronger support to companies
More favorable business environment
Thank YouThank You