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https://www.registrationchina.com/articles/regulations-regional-headquarters-in-shanghai/
https://www.theglobaltreasurer.com/2005/02/21/operating-a-regional-headquarters-in-shanghai/
In fact, in July 2002, the Shanghai government issued a specific set of regulations, “The Interim Regulations to Encourage the Establishment of Regional Headquarters by Foreign Multinational Companies in Shanghai”, offering a number of incentives to support MNCs in setting-up regional headquarters (RHQs) in the city.
http://english.shanghai.gov.cn/nw48081/20220124/533ef5dc6c7b40f5ace72d36d3f838d6.html
01-24-2022 Shanghai recorded 60 new regional headquarters of multinationals in 2021, bringing the total number of such regional headquarters to 831, said Gong Zheng, the mayor of Shanghai, at a press conference Sunday. The number of foreign-invested research centers in Shanghai reached 506, with a rise of 25 in 2021.
https://www.cms-lawnow.com/ealerts/2019/09/shanghai-continues-encouraging-regional-headquarters-of-multinational-companies?cc_lang=en
According to media reports, until the end of July 2019, Shanghai has already attracted 696 regional headquarters of multinational companies. To give you an overview of these new provisions, we summarize the Opinions and the 2019 RHQ Provisions compared to the 2017 RHQ Provisions as follows. 1. History and Definitions
https://english.www.gov.cn/news/topnews/202201/24/content_WS61ee05b7c6d09c94e48a42c5.html
SHANGHAI — Shanghai recorded 60 new regional headquarters of multinationals in 2021, bringing the total number of such regional headquarters to 831, said Gong Zheng, the mayor of Shanghai, at a press conference on Jan 23. The number of foreign-invested research centers in Shanghai reached 506, with a rise of 25 in 2021.
https://www.rsa-tax.com/single-post/2019/09/09/Shanghai-promotes-Regional-Headquarters
Regional Head Quarters and Headquarter type Institutions The RHQ 2019 Provisions provide for two different entities (i) regional headquarters (“RHQs”) and (ii) headquarter type institutions (“HTIs”). Both entities are regional headquarters of multinational companies in a general sense however they have different requirements.
https://en.sww.sh.gov.cn/2020-04/30/c_424014.htm
Publicly available information shows that Shanghai is now home to 730 regional headquarters of multinational companies, among which over 600 are located in Pudong. Up to 109 of them are based in the bonded area of the Shanghai FTZ. Itochu Textile (China) Ltd, now located in the Shanghai FTZ, arrived in Shanghai more than two decades ago.
https://www.chinadaily.com.cn/a/201911/22/WS5dd73d22a310cf3e355793be.html
The Shanghai facility of German heating and sun roof solutions provider Webasto now works as the company's regional management headquarters and R&D center. Zhang Lihua, deputy president of Webasto Roof Systems China Ltd, said the company's sales revenue in China has increased more than 500 times between 2001 and 2018.
http://wbt.haemonetics.com/en/haemonetics_com/about/news/2017-news/shanghai-regional-headquarters
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https://en.wikipedia.org/wiki/Shanghai_Cooperation_Organisation
The Shanghai Cooperation Organisation (SCO), also known as the Shanghai Pact, is a transcontinental political, economic, security, and military alliance. In terms of geographic scope and population, it is the world's largest regional organization, covering approximately 60% of the area of Eurasia, 40% of the world population, and more than 30% of global GDP.
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