Shanghai has recently recognized 30 multinational companies as regional headquarters and 15 foreign-funded research and development centers.

Today, Shanghai held the 42nd batch of certification ceremonies for the regional headquarters and research and development centers of multinational companies. Shanghai newly certified 30 regional headquarters and 15 foreign-funded research and development centers. Most of the multinational regional headquarters and foreign-funded research and development centers certified this time are from key development industries in Shanghai such as biomedicine, integrated circuits, high-end equipment, automobiles, and fashion consumer goods. Leading enterprises are numerous, with 8 of the Fortune 500 companies setting up regional headquarters or research and development centers. The level of expertise is high, including 4 Asia-Pacific regional headquarters, 4 Greater China regional headquarters, 3 business division headquarters, and 1 global research and development center.