SHANGHAI - Shanghai aims to vigorously attract foreign
investment to intelligent manufacturing in the following five years.
According to a plan released by the Shanghai municipal
commerce commission, foreign investors will be encouraged to put their money
into industries such as robotics, high-grade NC machine tools, 3D printing, intelligent
control systems and NC integrated service.
The city will also support foreign investors to set up
research and development centers and innovation platforms in Shanghai.
Advanced manufacturing industry bases will be established
and preferential policies will help the founding of foreign-funded
manufacturers in Shanghai, according to the commission.
Shang Yuying, director of the commission, said the plan
will offer new opportunities to foreign investors and assert Shanghai's
determination to promote the restructuring and upgrading of the manufacturing
industry.
By the end of last year, the city had some 9,100
foreign-funded manufacturers, about one quarter of the city's foreign-funded
companies.