The Shanghai Municipal Development and Reform Commission, the Municipal Commission of Commerce and other departments issued “Certain Measures to Encourage Foreign-Invested Enterprises to Reinvest in China”. Among them, it is mentioned that technological upgrading and transformation is encouraged. Foreign-invested enterprises are encouraged to carry out domestic reinvestment, such as expanding production and technological transformation, and support projects that meet the requirements related to technological transformation in the city's special fund to promote high-quality industrial development. Foreign-invested enterprises are supported to apply for the country's ultra-long-term special treasury bonds in accordance with regulations, and invest in large-scale equipment renewal projects in key areas.

The Shanghai Municipal Development and Reform Commission, the Municipal Commission of Commerce and other departments issued “Certain Measures to Encourage Foreign-Invested Enterprises to Reinvest in China”. Among them, it is mentioned that technological upgrading and transformation is encouraged. Foreign-invested enterprises are encouraged to carry out domestic reinvestment, such as expanding production and technological transformation, and support projects that meet the requirements related to technological transformation in the city's special fund to promote high-quality industrial development. Foreign-invested enterprises are supported to apply for the country's ultra-long-term special treasury bonds in accordance with regulations, and invest in large-scale equipment renewal projects in key areas.