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AI industry expected to boom in Jinqiao development zone

en.china-shftz.gov.cn Updated: 2020-05-27

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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.