Expo Area
Overall introduction
Pudong Expo Area, covering some ground of 25 square kilometers, is located at the core waterfront area in Shanghai. It is adjacent to Lujiazui area and faces Xuhui Riverside across Huangpu river. It is designed to become a world-level Central Activity Zone with priority on developing headquarters economy, innovation-oriented service economy and cultural industry, and a livable urban area featuring city and industry integration.
The Expo Area Development and Management Administration, an attached organization of Pudong New Area government, is in charge of economic administration, comprehensive law enforcement, and administrative approval. It consists of investment promotion office, development study office, comprehensive coordination office, administrative approval office, culture development office, and administration office.
Development orientation
According to the 13th Five-Year Plan (2016-20) of Pudong New Area, the Expo Area will develop in line with the "One zone, Three belt, Five functions" layout. "One zone" refers to the "world-level Central Activity Zone" and "Three belt" are riverside modern service industry cluster belt centering on headquarters economy, innovative economy, emerging finance, and official service; high-end cultural industry development belt featuring culture creativity, performance, tourism, media, fashion, leisure and entertainment; and waterfront urban life belt where people can take recreational sports and live a leisure, healthy and open life along the beautiful riverside. The area strives to develop in five major aspects – headquarters business, emerging finance, culture conference and exhibition, travel and leisure, and ecological and livable environment.
Regional planning
Circling by Yanggao South road, Shangzhong road tunnel, Huangpu River and Nanpu Bridge, the Expo area covers a vast land of 25.04 square kilometers, which consists of Pudong land parcel (3.93 square kilometres), Yaohua land parcel (1.8 square kilometres), Foreshore land parcel (2.83 square kilometres), as well as Nanmatou road, Zhoujiadu road, Shanggang New Village and Dongming road.
In 2014, 5.4 square kilometres land of Expo Area was included in Zhangjiang National Innovation Demonstration Zone. In 2015, China (Shanghai) Pilot Free Trade Zone enlarged and took the Pudong, Yaohua and Foreshore land parcels into its coverage.
Lujiazui Financial and Trade Zone
As a part of the China (Shanghai) Pilot Free Trade Zone (SHFTZ), Lujiazui Financial and Trade Zone covers an area of 24.39 square kilometers. It is surrounded by Huangpu River, the mother river of Shanghai, Longyang Road, Jinxiu Road and Luoshan Road.
Lujiazui area has China's most complete financial market system, financial infrastructure, and financial ecological environment, providing an important platform for the settlement of financial institutions, the gathering of financial talents, and active financial transactions. Lujiazui area further plays its role as a core functional zone for Shanghai World Financial Center (SWFC) as the State Council approved to incorporate it into the SHFTZ.
With the increasing global use of the RMB, more and more domestic and foreign financial institutions dealing with the innovation, pricing, transactions, and liquidation of renminbi products are attracted to relocate in Lujiazui. Lujiazui is home to a total of 734 licensed financial institutions, including 214 banks firms , 320 securities firms and 200 insurance firms, accounting for 60 percent and 90 percent of that of the whole Shanghai and Pudong New Area respectively. It's also home to more than 1,500 non-banking financial institutions, more than ten factor markets of various types, more than 300 headquarters, and 87 regional headquarters of multinational companies. The area has 1,078 shipping institutions, among which 863 are shipping service providers, forming a relatively complete market system for finance and shipping.
As a major component of the SHFTZ, Lujiazui will learn from the advanced experience of global financial areas, such as the world's most open and influential Wall Street in New York and the City of London, and it will establish a financial system which conforms to international rules, and institutional arrangements that are conducive to the development of the modern service industry, such as the headquarters economy. The zone will continue to promote investment facilitation, trade liberalization, financial globalization, and innovation in financial regulatory system. It will work harder in create a fair, unified and efficient business environment which is market and law-based and open to the world. It will strive to build itself into a main area for SWFC, a high-end service area for Shanghai International Shipping Center and a concentration area for Shanghai International Trade Center.
The China (Shanghai) Pilot Free Trade Zone Administration Committee was established on April 27, 2015. Formed on the same date, the Lujiazui Bureau of the SHFTZ Administration Committee is responsible for the pilot reform in Lujiazui area, and it coordinates with the SHFTZ Administration Committee. The bureau consists of six offices—the Office, Planning and Finance Division, Economic Development Division, Financial and Shipping Service, Administrative Approval Service and General Affairs Office.
Information for the SHFTZ Administrative Service Center in Lujiazui Area
Address: Service Hall, 1st Floor, Building 3, No 87 New Tangqiao Road, Pudong New Area, Shanghai
Tel: 021-60893775
Services: filing and approval for investment projects, filing for foreign investment access, etc.
Sub-center one: +86-21—58365066
Sub-center two: +86-21—60930192
Sub-center three: +86-21—50313683
Sub-center four: +86-21—58511930
Sub-center five: +86-21—33787820
Lujiazui Shipping Office: +86-21—60893758
Jinqiao Economic and Technological Development Zone
Jinqiao Economic and Technological Development Zone in Pudong New Area, Shanghai is approved for establishment by the State Council in 1990. [Photo/Wechat account: pdnews]
Jinqiao Economic and Technological Development Zone in Pudong New Area, Shanghai, was approved for establishment by the State Council in 1990. It has a planned area of 20.48 square kilometers, stretching to the Outer-ring Road Green Belt in the east, East Jinxiu Road in the south, Yanggao Road in the west, and Jufeng Road in the north.
Jinqiao area serves as an important core functional zone for the advanced manufacturing industry, production-oriented service industries and emerging strategic industries in Shanghai, and a national demonstration zone for ecological industries.
The zone is the country's only pilot free trade zone focusing on a dual-core strategy and featuring advanced manufacturing and producer services, as well as a key part of Shanghai's mission to build a scientific and technological innovation center with global influence.
The Administrative Committee of Jinqiao Economic and Technological Development Zone, as an agency of Pudong New Area People's Government, is implementing a policy of "innovation-driven and transformation development" and coordinating the economic growth of Jinqiao Economic and Technological Development Zone, Jinqiao Economic and Technological Development Zone (South Park) and Nanhui Industrial Park. It is also providing services to help the economy, projects and enterprises and focusing on cooperation and the integration of resources among parks, promoting the zone's sustainable development and continuously enhancing its growth potential.
According to statistics, Jinqiao Economic and Technological Development Zone, which only covers 2 percent of land in Pudong, has contributed to 25 percent of Pudong's industrial economy scale, among which the output value of the automotive industry in the zone accounts for 50 percent of Shanghai's total.
In 2018, the zone generated a total output value of more than 243.6 billion yuan ($34.14 billion), and its business income totaled 726.22 billion yuan, making the zone a leading advanced manufacturing base in Shanghai.
Equipped with a solid foundation for advanced manufacturing, Jinqiao zone will step up efforts to promote the development of smart manufacturing using artificial intelligence (AI) and aiming to establish a professional, comprehensive and superior industrial layout of AI industry.
The zone will strive to become an internationally competitive AI core industrial cluster and make efforts to cultivate emerging industries related to AI such as intelligent chips, intelligent connected vehicles, intelligent robots and intelligent hardware.
Traditional industries in the zone will be upgraded, and an "AI plus" characteristic industrial layout will be formed in the zone, aiming to create a new growth engine for the zone's competitive industries such as advanced manufacturing, finance and shipping.
Zhangjiang Science City
Overview
Zhangjiang Science City, formerly known as Zhangjiang High-Tech Park, began operations in July 1992, at the time covering an area of 17 square kilometers. It was among the first wave of national new zones.
In 1999, Shanghai initiated its "focus on Zhangjiang" strategy, boosting the development of the park to a new phase.
In 2000, Shanghai and Pudong New Area co-established the leading team and office for the high-tech park. The planned area of the park was readjusted to be 25.9 square kilometers.
In May 2007, the management committee of the Zhangjiang High-Tech Park was founded.
From 2011 to 2012, the Shanghai government approved for the Zhangjiang High-Tech Park, the Kangqiao Industrial Zone, the International Medical Zone and the Zhoupu Fanrong Industrial Area to be included in the core area of the Zhangjiang High-Tech Park, bringing the total area of the park to 79.7 square km.
In December 2014, the State Council included the 37.2-square-kilometer park in the China (Shanghai) Pilot Free Trade Zone.
In February 2016, the National Development and Reform Commission and the Ministry of Science and Technology approved construction of the Zhangjiang National Comprehensive Science Center.
In July 2017, the Shanghai government approved of the plan to turn Zhangjiang Sci-Tech Park into Zhangjiang Science City, which would cover an area of 95 square kilometers.
In May 2018, the management committee of Zhangjiang High-Tech Park was renamed the office for construction and management of Shanghai Zhangjiang Science City.
Transport
Zhangjiang Park is located in the center of Pudong New Area, adjacent to Lujiazui Financial and Trade Zone and Shanghai Disneyland. It’s a 15-minute drive from Shanghai Pudong International Airport. The park is adjacent to the Inner Ring Road of Shanghai and is located in the major trafic arteries such as the Central Ring Road, Outer Ring Road, Luoshan Road, and Longdong Avenue. The metro network in Zhangjiang Park consists of three horizontal lines and two vertical ones, including the Metro Line 2, and the Metro line 11, 13, 18 and 21 that are under construction and a Disneyland feeder line.
Leading Industries
Zhangjiang Science City is currently home to over 18,000 enterprises, 53 regional headquarters of multinational corporations, and 828 high-tech enterprises. Its leading industries include information technology and biomedicine.
The city is also home to a large number of global organizations and local startups, including IBM, Microsoft AI Lab, ADA Health, Alibaba, Infineon Technologies, Cloudwalk Technology, and Xiaoyi Technology. The city aims to focus on major projects of strategic importance, develop world-class high-tech industrial clusters and spearhead industrial development.
Information Technology (IT) Industry: The city has the most complete integrated circuit industrial chain in the country, with several internationally renowned companies working in the field. Six of the top 10 global chip design companies have set up regional headquarters and research and development (R&D) centers in Zhangjiang, while three of the top 10 chip design companies in China are located in the area.
Bio-pharmaceutical Industry: A complete innovation chain has been formed in the city, including new drug development, drug screening, clinical research, pilot plant scale-up, registration and certification, and mass-marketing. The city is now home to more than 400 bio-pharmaceutical companies, over 20 large companies focusing on production of medicine, over 300 small and medium-sized companies focusing on pharmaceutical research, over 40 CRO companies and over 100 research institutes. The city has become one of Shanghai’s most important manufacturing bases for high-end medical facilities. The city’s market share in microport equipment ranks No 1 in China. The city has introduced many high-caliber medical, medical testing and nursing institutions. Seven out of the top 10 pharmaceutical companies in the world have set up regional headquarters and R&D centers in Zhangjiang.
Innovation climate
Innovation resources continue to converge in Zhangjiang. The city is home to 440 R&D institutions at the national, municipal, and district levels, and to a number of major scientific research platforms such as the Shanghai Synchrotron Radiation Facility, Shanghai Supercomputer Center, Shanghai Aircraft Design and Research Institute of COMAC and Zhangjiang Medicine Valley Public Service Platform. It also has nearly 20 universities and research institutes, such as Shanghai University of Science and Technology, Shanghai Advanced Research Institute of Chinese Academy of Sciences, Shanghai University of Traditional Chinese Medicine, Fudan University Zhangjiang Campus, providing research results, technical support, and talent for the development of enterprises in the park.
High-level talent continues to flow in. There are nearly 370,000 employees in Zhangjiang. More than 6,200 employees have a PhD degree and nearly 50,000 have a master's degree. The city has around 7,500 overseas returnees, 4,300 foreigners and more than 450 high-caliber professionals.
The city excels in its entrepreneurship and innovation environment. It currently has 86 incubators and more than 2,600 companies under incubation. The incubation area covers 600,000 square meters.
Science and technology-based finance continues to develop. The city has gathered 20 banking financial institutions, over 10 finance security instruments, more than 150 entrepreneurship investment institutions and the Shanghai Equity Exchange Center. The city has helped 45 companies list, 118 enterprises list on the New Third Board, and 124 companies list in the Shanghai Equity Exchange. It has successively launched products like incubator loans, SEE loans, reciprocal loans, innovation fund loans, "Collective Trust for Zhangjiang's SMEs", Zhangjiang SMEs Collectible Notes, and Technology Cards, in an effort to address the financing difficulties for SMEs.
The overall environment continues to improve. Public transport infrastructure such as the metro, buses, and trams continues to improve. The city has built such business areas as Legend Square, Changtai Plaza, and Huizhi Life Center, renovated the 40,000-square-meter Nobel Lake Park, and built the Zhangjiang Sports Leisure Center. The city strives to create a comprehensive environment for development with convenient living facilities, a beautiful environment, good services and a comfortable life.
FTZ Bonded Area
Overall introduction
China (Shanghai) Pilot Free Trade Zone (FTZ) Bonded Area consists of Waigaoqiao Free Trade Zone, Waigaoqiao Free Trade Logistics Park, Yangshan Free Trade Port Area and Pudong Airport Free Trade Zone, occupying a total ground of 28.78 square kilometers. Waigaoqiao Free Trade Zone, founded in 1990, is the first bonded area in China under the supervision of Shanghai Customs; Waigaoqiao Free Trade Logistics Park, established in 2004, is also the first bonded logistics park in China; Yangshan Free Trade Port Area, opened in 2005, is the first bonded port area in China; Pudong Airport Free Trade Zone, set up in 2009, integrates bonded logistics and air cargo area.
Waigaoqiao Free Trade Zone
Waigaoqiao Free Trade Zone, the first bonded area in China, is founded in June 1990 upon the approval of the State Council. Occupying some ground of 10 square kilometers, it has developed into a special area with large economic scale and complete business functions that is under the supervision of Shanghai Customs. As the the first "National Promotion and Innovation Demonstration Area of Import and Export Trade" in China, the zone is a trade platform for ten major fields – alcohol, clocks and watches, automobile, construction machinery, machine tools, medical equipment, biological medicine, health product, cosmetics, and cultural products. It is also designated as China first "National Base for International Cultural Trade" by National Culture and Tourism of the People's Republic of China.
Waigaoqiao Free Trade Logistics Park
Waigaoqiao Free Trade Logistics Park, the first bonded logistics park, is founded in December 2003 upon the approval of the State Council. It occupies some ground of 1.03 square kilometers. As the first pilot zone-port interactive area, it can both enjoy the sea transportation resources of Shanghai Port and the preferential policies for bonded area and export processing zone. Supported by Waigaoqiao Free Trade Zone, it is a major base for the development of modern international logistics industry.
Yangshan Free Trade Port Area
Yangshan Free Trade Port Area, the first bonded port in China, is founded in June 2005 upon the approval from the State Council. Occupying some ground of 14.16 square kilometers, the area is comprised of Little Yangshan Port area, land area and the Donghai Bridge that links them together. Acting as an integration of port and bonded area, the area is the major undertaker of Shanghai international shipping. It is home to the distribution centers for electronic products, vehicles and auto parts, luxury food, and brand clothing. It has developed into a distribution base for Europe and the United States, an industrial base of staple commodity, an import trade base for domestic market, and a gathering place for leading shipping enterprises.
Pudong Airport Free Trade Zone
Pudong Airport Free Trade Zone, occupying some ground of 3.59 square kilometers, is founded upon the approval the State Council in July 2009. It undertakes the functions of bonded logistics and airport freight transportation and acts as a pioneering area for airport service industries. It is home to the distribution centers for well-known multinational corporations that deal with electronic products, medical equipment, and luxury customer goods. Hundreds of financing and lease projects, worldwide express package service companies UPS, DHL and FedEx, and a batch of functional projects also operate in the zone. An industry chain covering the fields of air distribution center of Asian-Pacific region, financing and lease, express transshipment center, sales exhibition of luxury customer goods is also established in the zone.
Development orientation
Based on its original industrial resources, FTZ plans to boost the development of five major industries – international trade, financial service, shipping service, professional service and high-end manufacturing, and prioritize the development of headquarters economy, platform economy and economies featuring new technology, new industry, new form and new model. Waigaoqiao Free Trade Zone is defined as a comprehensive functional zone which centers on international trade, financial and professional services and integrates the functions of business, commerce, culture and entertainment; Waigaoqiao Free Trade Logistics Park will develop into a functional area featuring international logistics services based on Waigaoqiao port area and Waigaoqiao Free Trade Zone; Yangshan Free Trade Port Area is about to become a functional area of international shipping services and offshore services by making good use of the channel conditions of Yangshan deepwater port and the preferential policies for FTZ; Pudong Airport Free Trade Zone will become a functional area of international air service and modern commerce and trade based on Shanghai Pudong International Airport and by cooperating with nearby resort areas.
Updates
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Shanghai's bonded zones become preferred destination for global investors
2024-10-25
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Global Hub in Shanghai FTZ pioneering trade innovation
2024-10-22
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Pudong home to over half of Shanghai's top 100 foreign-invested enterprises
2024-10-16
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Shanghai-based NICE sets up first overseas concept validation fund in Sydney
2024-10-10