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Tesla's Shanghai energy storage gigafactory was officially put into production; global optical giant Zeiss announced plans to purchase land in the Shanghai Pilot Free Trade Zone to build its Greater China headquarters. In recent days, globally renowned enterprises have cast their "votes of confidence" for Shanghai, which reflects the continuous upgrading of the "gravitational field" of the city's foreign investment. Currently, more than 75,000 foreign enterprises have contributed about a quarter of Shanghai's GDP, and about 60% of the city's total import and export volume of foreign trade. The growing "circle of friends" of foreign enterprises is closely tied to Shanghai's ongoing efforts to create a first-class business environment that is market-oriented, rule of law-oriented and internationalized. What role does intellectual property (IP), as an important part of optimizing the business environment, play in making Shanghai a "hot spot" for foreign investment? Policy support as a key
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