Big projects have played a big role in Shanghai's foreign investment this year, according to Shanghai Foreign Investment Commission.

In the first eight months, 114 projects, or 4.3 percent of the total approved, attracting over US$30 million each, contributed to 57 percent of the total investment.

Fifteen of the 114 projects brought in over US$100 million each and US$3.2 billion in total, one-third of the total foreign investment from January through August.

The biggest foreign investment in the service industry goes to Shanghai International Port (Group) Co Ltd at US$670 million in contractual foreign investment. In the manufacturing sector Shanghai Powerchip brought in US$ 334 million in contracts. Investment in the project totals US$1 billion.
As well, according to data from the investment commission, more overseas companies are moving their regional headquarters to Shanghai and increasing numbers of investment firms are coming in.

From January to July, the number of cross-national companies establishing headquarters here increased by 25, for a total of 115, and 15 investment firms landed here, raising their total to 120.