By:Zheng Qian | From:english.eastday.com | 2020-12-28 17:42 Over the past 40 years, Shanghai, with 0.06% of China’s land and 2% of the overall population, has attracted more than one-tenth of the country’s actually used foreign capital. Among some 60,000 foreign-invested enterprises, 767 multinational companies have made their regional headquarters in Shanghai, including 112 Fortune 500 companies, announced Hua Yuan, director of the Shanghai Municipal Commission of Commerce at a press conference on December 28. As the city with the highest concentration of regional headquarters of multinational companies on the Chinese mainland, Shanghai has been a pioneer in promoting foreign investment, such as expanding its opening up and advancing management system reform to establish the country's first pilot free trade zone and put forward the one-stop service philosophy.