Shanghai has topped the country in terms of the number of foreign workers, with its population of foreigners accounting for 23.7 percent of the national total of more than 900,000.
China will continue to be a long-term popular destination for foreign investment, and the country welcomes enterprises from other countries to expand their cooperation and investment.
Pudong New Area in Shanghai has reduced its waiting time for patent applications from three years to three months.
Shanghai, China's economic hub, recently released a white paper on the environment for foreign investment as part of an annual publication examining the city's business climate.
The clustering of regional headquarters and research centers in Shanghai reflects the city, and also the country's, increasing economic appeal for foreign investments.
Advanced technologies are paving the way for China to revolutionize its retail business, with merchants hailing the dawn of New Retail.