People's City Fifth Anniversary: Two Enterprises in Our District Awarded Certificates for Shanghai Multinational Company Regional Headquarters and Foreign-Funded R&D Centers July 26,2024

This year marks the fifth anniversary of the People's City concept. As the birthplace of this concept, Yangpu is thriving with the vigorous development of the digital economy and vibrant youth. Let's experience this increasingly "YOUNG" people's city together...

The 39th batch of multinational company regional headquarters and R&D centers certificate awarding ceremony was recently held at the People's Mansion. 30 multinational company regional headquarters and 15 foreign-funded R&D centers were awarded certificates. ViewSonic Corporation from Yangpu District was awarded the multinational company regional headquarters, and Vitesco Technologies was awarded the foreign-funded R&D center.

ViewSonic Corporation

ViewSonic Corporation is a globally renowned manufacturer of display devices, with its global headquarters located in Brea, California, USA. It currently has more than 30 subsidiaries and offices worldwide, with business coverage spanning 128 countries and regions across five continents. ViewSonic (China) Co., Ltd. was established in 2000 and serves as the China regional headquarters responsible for managing subsidiaries in Beijing, Shenzhen, and Wuhan, as well as branch offices in Xi'an, Chengdu, Shenyang, and other cities. Its main business includes all product categories of monitors, projectors, commercial large screens, interactive displays, digital whiteboard software, etc.

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Vitesco Technologies

Vitesco Technologies, headquartered in Regensburg, Germany, has approximately 40,000 employees at more than 50 locations worldwide. It is a leading global developer and manufacturer dedicated to providing advanced powertrain technologies for sustainable mobility, offering intelligent system solutions and components for electric, hybrid, and internal combustion engine drive systems. Its products include electric drive systems, electronic control units, sensors and actuators, and exhaust aftertreatment solutions. Vitesco Technologies Investment (China) Co., Ltd. was established in 2019 and has 4 production bases, 6 R&D centers, and 12 sales offices in China, with more than 6,500 employees.

Our district has always adhered to optimizing the market-oriented, rule-of-law-based, and internationalized foreign-related business environment, making every effort to promote the development and growth of foreign-funded enterprises and the steady development of an export-oriented economy. In 2024, our district launched the "Warm Yangpu" foreign investment service brand, focusing on promoting the "four major actions" of attracting foreign investment to land and increase capital, promoting the quality and efficiency of foreign enterprises, organizing brand investment promotion activities, and strengthening the protection of foreign investment. We coordinate factor resources, strengthen cooperation and sharing, safeguard the rights and interests of foreign investors, and make every effort to optimize the ecosystem of foreign-funded enterprises.