Contents

 Headline of the Week: Pudong has Made New Progress in

Delegating Power, Streamlining Administration and Optimizing

Government Services, with nearly 5,000 Materials Exempt from

Submission

 Regional News: New Factory of Meiji Ice Cream Settled in

Songjiang, with a Total Investment of Some US $98.15 million

 CIIE Project: Legoland Resort Settled in Jinshan

 Weekly Dynamics: Webinar on Assisting German Enterprises to

Invest in in Post-Pandemic Era was Successfully Held

 Weekly Dynamics: Forum Themed on the “Latest Policies on

Investment in Shanghai” was Successfully Held

 Project Promotion: Henderson Metropolitan Project Headline of the Week

Pudong has Made New Progress in Delegating Power,

Streamlining Administration and Optimizing Government Services,

with nearly 5,000 Materials Exempt from Submission

Since the beginning of this year, Pudong New Area has executed the requirements of the municipal government and fully implemented the "two exemptions from submission" in the district's government services. In principle, all materials issued by the municipal government departments are exempt from submission; anyone who can provide electronic certificates and licenses is exempted from submitting physical certificates and licenses. Up to now, applicants can no longer submit nearly 5,000 documents issued by the municipal government departments when applying for the 996 items of 41 departments across the whole district.

"Exemption from submission" mainly relies on the channels such as

"services accessed via one website" and "suishenban" app, and through the four methods of electronic certificates and licenses, data verification, notification of commitments, and administrative assistance, the materials verified and issued by the municipal government departments are exempt from submission. Next, Pudong will continue to deepen the reform of "power delegation, administration streamlining and government service optimization", advance and improve the "two exemptions", and continue to develop a series of measures to optimize the business environment for the convenience of people and benefits of enterprises, effectively improve the convenience, experience and satisfaction of enterprises and the people. (Excerpt from pudongfabu) Regional News

New Factory of Meiji Ice Cream Settled in Songjiang, with a

Total Investment of Some US $98.15 million

Recently, Songjiang Economic and Technological Development

Zone and Meiji Confectionery (Shanghai) Co., Ltd. signed an investment agreement for the construction of a new ice cream factory, which marked the launch of the Meiji ice cream factory construction project in Songjiang. The total planned investment of the project is about US $98.15 million.

According to the agreement, Meiji will invest in a new high-end ice cream production base on the basis of the original chocolate production line. The project site plot is located in the eastern park of

Songjiang Economic Development Zone, covering an area of about

45 mu. Meiji's increased investment in the Economic Development

Zone indicates that the group has long-term confidence in

Songjiang's economy.

From January to October this year, Songjiang Economic and

Technological Development Zone has realized a total investment of

US $765.34 million for foreign projects, US $520.44 million of contractual foreign investment and US $118.17 million of paid-in investment. This set of nice figures has hit a record high in attracting foreign investment in the economic development zone in recent years. (excerpt from www.songjiang.gov.cn ) CIIE Project

Legoland Resort Settled in

On the occasion of the third International Import Expo, another heavyweight foreign-funded project was settled in Shanghai.

The signing ceremony of Legoland Shanghai Resort project was recently held in Shanghai. Jinshan District People's Government,

Merlin Entertainments, KIRKBI, and CMC Inc signed the contract through online and offline interaction. Gong Zheng, Deputy

Secretary of Shanghai Municipal Party Committee and Mayor of

Shanghai, and Zong Ming, Vice Mayor of Shanghai, witnessed the signing.

Legoland Shanghai Resort is located in Town, Jinshan

District, with an investment of US $550 million. It will integrate the elements of Chinese, Shanghai culture and Jiangnan characteristics.

The world-class creative, design, and construction teams will use sound, light and other technologies to jointly create an immersive theme park with story themes. The project is expected to start construction in 2021 and officially open in early 2024. By then, it will become one of the largest Legoland resorts in the world.

(excerpt from Jiefang Daily) Weekly Dynamics

Webinar on Assisting German Enterprises to Invest in Shanghai

in Post-Pandemic Era was Successfully Held

Recently, the "Webinar on Assisting German Enterprises to Invest in

Shanghai in the Post-pandemic Era" was jointly organized by Invest

Shanghai, Ernst & Young and German Research Center of Tongji

University. Many significant Chinese and foreign organizations and enterprises were represented at the webinar, including German Trade and Invest, Hamburg Liaison office, China British Business Council,

Polish Investment Promotion Agency, Schneider, Perfetti,

EtonHouse International, GLP, Ortiz Leon, OCO Global, Shanghai

Industrial Cooperation Promotion Center, German Research Center of , Shanghai Chemical Industry Park, and their response after the event was also positive.

At the event, Mr. Shi Chun, Chief Representative of Invest Shanghai in Frankfurt, Germany and Gothenburg, Sweden, delivered a keynote speech on Shanghai's investment environment in combination with the just concluded CIIE and the recent Shanghai

City Promotion Convention. Then, Dr. Wolfgang stressed that the launch of the event in Shanghai only showed the pivotal position of Shanghai in China as China's largest financial center, but also served as an important of communication between China and Germany in economic and trade relations.

Dr. Ulf Henning Richter, President of RICHTERION, Ms. Zhu

Wenjia, Director of Tax Department of Ernst & Young Shanghai, and Associate Professor Hu Chunchun, Deputy Director of the

German Research Center of Tongji University and the Sino German

Cultural Exchange Research Center of Tongji University, also shared their insights respectively on the cooperation potential of

German and Shanghai enterprises in science and technology innovation and advanced manufacturing, as well as the prospect of

China's tax development after the CIIE, and the economic and trade relations between China and Germany. (provided by European

Department, Invest Shanghai) Weekly Dynamics

Forum Themed on the “Latest Policies on Investment in

Shanghai” was Successfully Held

Recently, a theme forum on "the latest policies on investment in

Shanghai" jointly organized by Invest Shanghai, Dentons, US-China

Business Council and AmCham Shanghai, was successfully held at the conference center of AmCham Shanghai, and was broadcast online simultaneously.

Xue Feng, Director of Invest Shanghai addressed at the event; Dong

Zailiang, Investment Director of AmCham Shanghai; Gu Jianhua,

Secretary General of Pudong New Area Financial Association; Geng

Yicheng, a partner of Dentos; Jens Ewert, a partner of Deloitte;

Christian Boza, Project Manager of Shanghai Lingang New Area

Economic Development Co., Ltd, Li Xiaosong, Deputy General

Manager of Shanghai Medea Hospital Group and other government and enterprise representatives were invited to attend the forum and delivered exciting keynote speeches around their own professional fields. The total number of online and offline participants exceeded

200, including about 50 joining online and more than 150 presenting offline. (provided by Department of American and Oceanian Affairs,

Invest Shanghai) Project Promotion

Henderson Metropolitan Project

Henderson Metropolitan is located at No. 300 East Road,

Huangpu District, Shanghai, which was invested and constructed by

Henderson Land Group, one of the largest real estate developers in

Hong Kong. The total height of the building is 22 stories, with a unique 2.8-meter storey height. It has comfortable and bright, grand and generous business spaces. With its dynamics vision and attitude towards the world, the building stands at the core of the global economy and leads business life of the metropolis. It has a fashion shopping center with nine stories of nearly 40,000 square meters and a business center with 15 stories of 30,000 square meters. The modern technology design makes the space layout of the office building more flexible. It has 2,700 square meters of extra-large standard floor and specially raised platform to facilitate the laying of cable networks. The target tenants are mainly from financial services, commerce and trade, scientific innovation and professional services.

Project area: 39,665.9 square meters

Rental price: 9 yuan / square meter / day

Project contact: Zhou Rong 021-2313-6000