There are currently a total of 47,600 foreign enterprises in operation in Shanghai, with 614 regional headquarters (including 67 Asia-Pacific headquarters) and 418 R&D centers.
Shanghai's Top 100 Foreign Investment List*** has four top 100s, namely, business revenue, total import and export, total tax payment and employment absorption. The total business revenue of Shanghai's top 100 foreign-funded business revenue enterprises is 247.49 billion yuan, an increase of 134.7 billion yuan over the previous year, a growth rate of 5.76%, SAIC Volkswagen Automobile Co., Ltd, Apple Computer Trading (Shanghai) Co.
The top three of the top 100 enterprises in total import and export revenue were Asustek Technology (Shanghai) Co.
The top three taxpayers were SAIC Volkswagen, Porsche (China) Automobile Sales Co.
Prosperity Technologies (Shanghai) Limited, China Eastern Airlines Corporation Limited and Daktronics (Shanghai) Computer Co., Ltd. were among the top three companies in terms of the number of jobs absorbed.
A foreign-funded enterprise is an independent economic entity that operates independently, accounts independently and bears legal responsibility independently. In the form of organization, foreign-funded enterprises can be a legal person, can also be an unincorporated entity, with the conditions of a legal person, foreign-funded enterprises, legal person qualification in accordance with the law, the form of its organization is generally a limited liability company, the foreign investor's responsibility for the enterprise to the extent of the amount of its contribution to the capital contribution. Foreign-funded enterprises that do not form a legal person can take the form of partnership and sole proprietorship, where partnership refers to an enterprise set up in China by two or more foreign legal persons or natural persons*** with the same capital contribution, and its legal basis applies by analogy to the provisions of the General Principles of the Civil Law on individual partnership and enterprise joint venture. Individual sole proprietorship enterprise refers to a foreign investor invested in the territory of China according to law, the foreign investor is unlimited liability for the debts of the enterprise.