14 May 2019, Gergana Bencheva, EMIS Editor
Shanghai seeks to boost foreign investment by 2030
For example, international students who have graduated from universities on the Chinese mainland can apply for a two-year residence permit. Furthermore, Shanghai has also began to issue entrepreneur visas to graduates from well-known overseas universities, allowing them to stay in the country for a year to set up a business.
According to official statistics, over 210,000 expats from 167 countries and regions are working in Shanghai. They are attracted by the large size of the Chinese market while the local businesses are eager to benefit from expat entrepreneurs' experience, cultures, networks and knowledge, China Daily added.
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