Pudong New Area, serving as Shanghai's hub for international finance, trade, and shipping, plays a pivotal role in enhancing the city's global appeal to capital, goods, and talent.

Lujiazui Financial City, located in Pudong, is home to more than 8,000 financial institutions, including 80 percent of China's foreign asset management firms, 40 percent of foreign-funded corporate banks, nearly one-third of public fund management companies, and about one-fourth of insurance institutions.

In 2024, Shanghai Port ranked first globally in container throughput for the 15th consecutive year, with Pudong port area handling 45.88 million twenty-foot equivalent units, accounting for 89.1 percent of the city's total. Meanwhile, Shanghai Pudong International Airport processed 3.78 million metric tons of cargo, making up 89.8 percent of the city's total and securing its position as the third-largest globally for the 16th consecutive year.

Pudong has attracted over 11,000 enterprises across the full shipping industry chain, making the sector more mature and complete. The district has also been at the forefront of reform in the shipping industry. As a core area for "Silk Road e-commerce" cooperation, Pudong established national pavilions and commodity centers for 13 member countries by the end of 2024.

Currently, Pudong is home to more than 1,000 companies with headquarters in the area, including regional headquarters of multinational companies, foreign-funded R&D centers, and private enterprise headquarters.

As of February, the area hosted 484 certified regional headquarters of multinational companies, representing 47.1 percent of the city's total, and 283 certified foreign-funded R&D centers, accounting for 47.4 percent.

Pudong will continue to optimize its services to support the growth and expansion of headquarters and enterprises, helping them upgrade operations and attract further investment.

Source: Official WeChat account of Shanghai Finance