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Shanghai is a firm favorite among foreigners in terms of lifestyle and business opportunities

(People's Daily Online)    14:19, October 23, 2018

Night view of Shanghai (Chinanews.com)

Shanghai was recently chosen as the most attractive Chinese city for foreign talents for the sixth consecutive year. Foreigners love Shanghai because of its open and inclusive culture.

Bolla Szilard, consul general of Hungary in Shanghai, explained that Shanghai is a great place to live and work, suggesting foreign guests visit the Free Trade Zone, where one of the world’s busiest airports is located. The consul general also recommended Shanghai Disneyland and the beautiful bund area as favored tourist hotspots.

According to data released by the Shanghai Municipal Administration of Foreign Experts Affairs, more than 150,000 overseas students have returned to work and start their own businesses in Shanghai, among the highest number in China.

Shanghai also has the most significant number of foreign employees in China. Currently, 215,000 foreigners work in the city, accounting for 23.7 percent of the total number of foreigners in the country.

Trade facilitation and more comfortable customs procedures make Shanghai a globally renowned city for both business and home comforts. Foreigners don't need to miss specialty hometown food items, as online ordering services alongside quick delivery times means they can get foreign foods delivered directly to their door.

For instance, milk from New Zealand only takes about three days to arrive in Shanghai, and seafood from Canada arrives in the city within 36 hours.

Greek architect Kostas Chatzigiannis, who has lived in Shanghai for 11 years, explained that 10 years ago he had to drive to a remote supermarket for yogurt and olive oil, but now imported Greek yogurt and honey are available in various stores throughout Shanghai.

With the continuous opening, rapid development, broad market, and growing opportunities, Shanghai has become a second home for overseas entrepreneurs.

China welcomes people from all over the world to start or develop their business, especially Shanghai, where you will be met with unlimited possibilities, said Chinese American entrepreneur Yang Anbang. The managers of Yang’s start-up “Seedlink” come from the UK, the Netherlands, and the US, and his employees are from a variety of countries such as Belgium and Singapore.

To date, Shanghai has introduced a total of 634 regional headquarters of multinational companies, including 72 headquarters in the Asia-Pacific region, 350 investment companies, and 430 research and development centers.

"The amazing thing about Shanghai is that you can find global trade opportunities anytime and anywhere here," said Eyup Erdogan, who graduated from New York University Shanghai, and is the co-founder of a trading company in the city.

As the first China International Import Expo (CIIE) will be held in Shanghai this November, the city has improved English signs to offer more precise guidance for foreign guests.

Even small restaurants in Shanghai have English menus, and the names of the dishes have been translated accurately, said Taylor Lorek, a graduate of New York University in Shanghai. 

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Web editor: Hongyu, Bianji)

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