Shanghai will, during the 15th Five‑Year Plan period, deepen pilot measures to
open the services sector and push implementation of opening projects in
value‑added telecom, biotechnology and wholly foreign‑owned hospitals. The city
will apply the revised Catalogue for the Encouragement of Foreign Investment,
use marquee foreign-funded projects to steer capital into advanced
manufacturing, modern services and high‑tech sectors, and support foreign firms’
participation in upstream and downstream industry‑chain cooperation to broaden
their investment space.
