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Stock impact report

Foreign businesses choosing Shanghai as national hub [Yahoo! Finance]

Estee Lauder Companies, Inc. (The) (EL) 
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: elcompanies.com/investors
Company Research Source: Yahoo! Finance
In July 1980 , Swiss elevator manufacturer Schindler opened a production site in Shanghai , marking the establishment of the city's first Sino-foreign joint venture since China's reform and opening-up in 1978. Since then, Shanghai , known for its inclusive, elegant, innovative and efficient approach in all aspects of society, has witnessed a continuous increase in the number of foreign businesses. The city has become one of the most sought-after business destinations for foreign investors with the number of such businesses hitting 75,000. The foreign economy has become a pillar of the city's development. To foster the expansion of foreign-funded enterprises and attract foreign investments, the city government has been implementing initiatives to strengthen industrial transformation and spearhead innovative development and service frameworks. Under the guidance of the municipal government, districts and industrial parks in the city have implemented measures to elevate service st Show less Read more
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