West Hongqiao, Shanghai
This past summer, ExportRim began regular interaction with the West Hongqiao office.
Where is West Hongqiao
West Hongqiao (“WHQ”) is a dynamic district in Shanghai, positioned just west of the renowned Hongqiao Transportation Hub (Hongqiao train station and airport). This rapidly developing area is a significant center for business and commerce, attracting companies and investors from around the globe.
Five top attractive traits
In our opinion, WHQ is a desirable location to do business and reside in due to 5 traits we could identify.
- Thriving Exhibition Hub: WHQ is renowned for hosting various international exhibitions, including the prestigious China International Import Expo (CIIE). This vibrant exhibition scene attracts businesses from around the globe, fostering trade and investment opportunities.
- Commercial Stronghold: WHQ's commercial landscape is booming, driven by its strategic location and excellent infrastructure. Notable developments include the Hongqiao Tiandi, Hongqiao International Center, and Greenland Hongqiao World Center. These developments have transformed WHQ into a vibrant business hub, attracting diverse companies.
- Major Transportation Hub: West Hongqiao's strategic location makes it a crucial transportation node. Metro Line 17 connects the district to Hongqiao Railway Station and Hongqiao Airport, providing seamless access to Lines 2 and 10. The upcoming connection between Line 2 Xujing East to Line 13 Zhuguang Road Station, which is expected to be completed in 2025 with an underground walking tunnel, will further enhance connectivity.
- A Sustainable Future: WHQ is committed to sustainable development. The district has implemented various green initiatives, including green building standards, investments in public transportation, and renewable energy projects. This focus on sustainability ensures a greener and more environmentally friendly future for WHQ.
- Desirable Place to Live: WHQ offers its residents a high quality of life. With a number of developments along the Line 17 metro line, WHQ is an attractive place to live and work:
- Diverse Housing Options: From modern apartments to spacious family homes.
- Top-Tier Education: Access to international schools with global curriculum.
- World-Class Healthcare: State-of-the-art medical facilities and services.
- Convenient Transportation: Easy access to metro, bus, and taxi services.
- Vibrant Community: Enjoy recreational facilities, parks, and shopping centers.
Our experience in WHQ’s Support
West Hongqiao (WHQ) has set an ambitious goal to become a world-class business district. To achieve this, they have actively courted international businesses, offering a range of incentives and support to encourage them to establish operations in China.
WHQ provides generous incentives for eligible businesses, including tax cuts, reductions, exemptions, financial subsidies, and reimbursements. Additionally, they offer comprehensive commercial support to ensure a smooth and efficient setup process.
WHQ also offers attractive incentives and benefits to attract and retain skilled professionals, such as tax breaks, housing allowances, visa and work permit assistance, and other perks.
Our experience working with WHQ's staff was highly positive. They provided invaluable guidance and support in operation and administration, such as company registration process, taxation, and banking, helping us navigate the complexities and ensure compliance with all regulations. Their assistance was instrumental in streamlining the setup process and saving us time and effort. WHQ is also focused on trade and has dedicated resources to help companies
WHQ going forward
WHQ leverages the spillover effects of the China International Import Expo (CIIE) to develop a strong reputation and attract international businesses and investment. The district aims to strengthen Shanghai's position as a global trade hub by supporting the development of trade-related services and infrastructure.
ExportRim could assist you in registering for the CIIE. For more information, please get in touch with us directly: info@exportrim.com.