Changning: Key player in city's business landscape
Changning district is a key player in Shanghai's business landscape.
In 2024, the district's GDP reached 278.9 billion yuan ($38.52 billion), while industrial output surged by 20.8 percent year-on-year.
Last year, Changning experienced a 6.7 percent year-on-year increase in actual utilized foreign investment and a 9.92 percent year-on-year growth in total imports and exports.
The district is also home to 150 headquarters of multinational companies, trade-based headquarters, private enterprise headquarters, and research and development centers.
With 33 e-commerce platforms exceeding 1 billion yuan in transactions, the district led the city with total transactions surpassing 1.6183 trillion yuan, a 16.2 percent increase.
Changning aims to become a top global business hub by implementing innovative regulations, nurturing industry clusters, and engaging globally.
Recent initiatives include establishing Shanghai's first network trading market supervision office for large e-commerce platforms.
The district also issued the first cross-provincial lawyer practice certificate in the Yangtze River Delta region and introduced market supervision service officers, offering personalized services.
Through service stewardship, Changning tailors services to multinational corporations, focusing on intellectual property rights, cross-border trade, and talent services.
It also drives new quality productive forces and 5G-enabled smart logistics, attracting investment from Fortune 500 companies like IFF to boost the biotech sector, while emphasizing AI, smart manufacturing, and life sciences.
Sources: Official WeChat account of Changning district information office at "shchangning", Jiefang Daily