In a bid to deepen economic and trade ties between Shanghai and Japan, and present Shanghai's latest opening-up policies and investment opportunities, a promotion event themed on investing in Shanghai was held in Tokyo, Japan, on Nov 15, with the Lin-gang Special Area Administration as one of the organizers.

An event presenting Shanghai's investment opportunities is held in Tokyo, Japan on Nov 15. [Photo/WeChat ID: shlgguanweihui]

During the event, Yang Zhengwei, executive deputy director of the Lin-gang Special Area Administration, made a presentation on the industrial park to be created for Japanese small and medium-sized enterprises (SMEs) within the area. The administration also signed cooperation agreements with the Mizuho Bank, MUFG Bank, and the Tokyo branch of Bank of Communications.

A presentation on the Japanese SME industrial park to be created in the Lin-gang Special Area is made during the event. [Photo/WeChat ID: shlgguanweihui]

The Lin-gang Special Area Administration signs cooperation agreements with the MUFG Bank and the Tokyo branch of Bank of Communications. [Photo/WeChat ID: shlgguanweihui]

The promotion event is one stop of an overseas tour to promote Shanghai's opportunities, potential, and charm. About 120 representatives from Chinese consulates in Japan, business associations and local companies were in attendance.

Japan is Shanghai's fifth largest export destination, third largest import source, and third largest investment source. Shanghai is home to over 6,500 Japanese-funded enterprises, with a total investment of more than $25 billion.