Overview: Hongqiao CBD investment, recovery and trade outlook

A webinar titled Swiss and Foreign Companies in Shanghai Hongqiao International CBD: Investment Opportunities, Recovery and Trade Outlook was organized by Swiss Centers China and the administrative committee of the central business district on Thursday.

Jia Kaijing, head of the investment promotion division at the administrative committee, hosted the event and gave an opening speech.

Kong Fuan, vice-chairman of the administrative committee introduced the overview of Hongqiao International Open Hub, such as the new drivers for Hongqiao's development, environmental advantages and the rich talent resources with international competitiveness.

Kuno Gschwend, general manager of Swiss Centers China, shared his experience of doing business in China (external, internal and HR challenges) and market entry with a case in progress.

Around 50 Swiss and other foreign company representatives and another 2,000-plus participants joined the live meeting, together with Jinny Yan, chief China economist of global markets of ICBC Standard Bank.

Yan overviewed and predicted future developments in Shanghai from the China macroeconomic situation.

Furthermore, Lyu Jun, head of sea logistics of East China at Kuehne + Nagel, shared his experience and outlook on Shanghai trade and the transportation situation.

Finally, the company representatives and expert speakers exchanged views on several points, such as positive government support on economic recovery, international travel restrictions and the current economic and investment situation in Shanghai.