China Business Bureau Shanghai Special Office
Facing the 21st century, China is undergoing a rapid transformation as it moves towards becoming a major political, economic, and cultural center in the world. As a result, China is initiating many reforms and modernizing its infrastructure and lifestyles. China Business Bureau Shanghai Special Office (CBBSO) is an example of China’s commitment to modernizing its business sector and innovating new ways of doing business.
The China Business Bureau Shanghai Special Office (CBBSO) was established in 1996 by the government of the People’s Republic of China in order to promote international investment and trade. At the heart of the office’s work is the facilitation of bilateral commercial activities between China and foreign companies. The office seeks to foster an environment of open and mutually beneficial cooperation and provide high-quality service to its clientele.
The CBBSO works closely with the local and provincial governments to provide a comprehensive package of services to foreign investors. These services range from project feasibility studies, to investment counseling, to business registration and more. They also provide assistance to investors in the form of consultations and mediation on business disputes, and other services related to doing business in the region.
The CBBSO also works closely with its overseas partners, particularly those in the region, including government authorities, chambers of commerce, business organizations and other related institutions. They also attend international trade shows and fairs as well as host regular bilateral forums and other activities to promote international investment and business cooperation.
Indeed, CBBSO has been instrumental in helping foreign companies from around the world to expand their business in China. For example, the office has helped many German companies to set up production bases in China, making their products competitive in the Chinese market. CBBSO has also assisted many French companies to invest in Shanghai’s financial and technological advancement. In line with this, the office has become a major player in the Shanghai Regional Dispute Center, helping to resolve investor-state disputes.
In conclusion, the China Business Bureau Shanghai Special Office (CBBSO) has been instrumental in helping to open up China to foreign investment and in helping foreign companies to expand their business within the country. The office has also been successful in developing collaborative relationships with its partners, both domestically and abroad, to promote and enhance the understanding of investment processes and opportunities available in China. The office will continue to work in this regard to encourage even more investments in the coming years.
