Yangpu has made significant achievements transforming the urban functions with knowledge innovation as the core. The new industrial system which highlights the science & education characteristics and focuses on service economy is taking shape. Knowledge-intense modern service industry driven by modern design and technological finance and hi-tech industries have become the key engines for the economic growth of the district. “Interaction of the three districts” has become one of the approaches for Shanghai to be innovation driven and transformative development.
The new industrial policies, also called policies of 2.0 edition, reflect the purpose of Yangpu which intends to further focuses on key areas and key linkages through the implementation of a series of new policies to further develop its two preferred industries and speed up economic growth. These policies are in service of transforming Yangpu from a district driven by conventional industries to a district driven by knowledge innovation.
In the industrial policies system, with “1+6+4” format, Yangpu District is tailor making a series of integrities industrial development policies for enterprises based on their specific demands as they are at different development stages and engaged in different industrial sectors. These new policies about headquarters, technological finance and technological innovation, etc., aim to achieve different results. For example, headquarters policies support domestic and internationally famous enterprises settling down in Yangpu, generating an industrial cluster effect to build up the upstream and downstream industrial chain. Technological finance policies attract financial institutions to offer services to technological enterprises and integrate science with finance in a more effective way, contributing to the development of Shanghai into an international financial center. Technological innovation policies cultivate and help grow technological enterprises and create favorable environment for these enterprises to develop.
Riverside development is one of the focuses that attract people’s attention in the new round of industrial layout of Yangpu District. The riverside is the front corridor of Yangpu and the birthplace of modern industries of Shanghai. It is the place where, with its unique geographic advantages, there are a great number of precious historical resources.
As learned, the overall development plan for the riverside of Yangpu is to pay full attention to historical heritage, make best use of resource advantages of the district, set its feet on the cross axis in downturn and stick to the layout of “interaction between the south and the north and development in clusters”. The development plan shall meet the master plan of the riverfront development of the Huangpu River, with service economy as the core. The approach is to cultivate and support characteristic, intensified and large-scale high-end service industries, highlighting knowledge intensity, combination and innovation of diversified industries. The purpose is to forge a cluster belt of service economy and headquarters economy with elaborate brands, integrity between industries and the city, ecological civilization and convenient traffic. The south section of the riverside of Yangpu is to be transformed from a traditional industrial zone into a new industrial zone for modern services.
At present, the infrastructure projects including roads, bridges, waterworks and electricity supply in the riverside section are progressing steadily. The first phase as a pilot section of public waterfront has been launched as well. Massive civil engineering projects such as the riverside metro line and Jiangpu Lu river-crossing tunnel are further optimized. As the next step, Yangpu District will try to break bottlenecks based on land reserve and renovation of old urban area, promoting all related construction projects in full swing so as to lay a solid foundation for the large scale development of the riverside of Yangpu in the “13th Five-year Plan Period”.