The inauguration of the Enterprise Overseas Development Promotion Committee, initiated by the Investment Promotion Agency of the Ministry of Commerce (CIPA), was held in SIP on Aug 20.

The committee brings together multiple parties’ resources to support Chinese companies in cross-border investment, global industry and supply chain participation, risk prevention in overseas investment and international competitiveness enhancement. It aims to provide all-around support for Chinese companies to make overseas investment and carry out international cooperation in a safer and also more efficient and productive way.

The CIPA Yangtze River Delta Cross-Border Investment Service Center was inaugurated concurrently. As a result of joint efforts between CIPA and SIP, the center serves as an integrated platform for two-way cross-border investment. Leveraging national-level policies and resources, it is dedicated to organizing and supporting high-level investment promotion activities to give companies in the YRD region a helping hand in seeking and expanding international cooperation and help enhance SIP’s advantage in high-level opening-up.

A conference was held then, with a number of experts, scholars and entrepreneurs sharing in-depth insights on the role of overseas industrial parks in cross-border investment and cooperation.

August 22, 2025