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Zhabei local authorities has developed business and commercial centres in the district. It has attracted various foreign companies to build offices, apartments and commercial retail outlets over there. It also host the biggest park in Shanghai, Daning Lingshi Park. [3]
It is also where the Shanghai Multimedia Valley is located to attract media and IT talent. Major companies located in Zhabei such as Royal Philips Electronics and Shanghai Bell Alcatel Business Systems Co., LTD.[4]
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