On the occasion of the 5th anniversary of the establishment of the Lingang Special Area, 44 projects with a total investment of nearly 34 billion yuan were launched collectively, helping the new area to become a core region driven by innovation, attracting innovative enterprises and scientific and technological talents, and promoting the integration of industry and urban development.

On August 20th, the key projects of the 5th anniversary of the Shanghai Free Trade Pilot Zone Lingang Special Area were launched collectively. Qiu Wei, Chief Engineer of the Shanghai Municipal Commission of Economy and Informatization, said that the projects launched this time have strong driving force and high growth potential, which will form a strong momentum for the new round of industrial economic development in the Lingang Special Area.

Wu Xiaohua, Deputy Secretary of the Party Working Committee of the Lingang Special Area, said that now 1/9 of the city's large-scale industrial output value is in Lingang, 1/4 of the manufacturing fixed asset investment is in Lingang, and 1/4 of the major projects in the science and technology industry are in Lingang. "It can be said that Lingang has become the most important growth pole for Shanghai's economic development."

The 44 projects launched this time cover industries, comprehensive protection, residential, energy, water affairs, municipal transportation, business culture and tourism, social livelihood, greening and forest land, and other fields.

Advertisement

Among them, industrial projects include the Jin Gang · Zhi Yue Bay, namely the Shanghai Jin Gang Automobile Electronics Integration and Application Research and Innovation Base, with a total investment of 3.635 billion yuan; the Ze Feng Semiconductor Advanced Packaging and Testing Material Mass Production Base Construction Project, with a total investment of 1.16 billion yuan; the Lingang Darya Automobile Parts Intelligent Manufacturing Base Project, with a total investment of 800 million yuan; and the Maikang Innovative Vaccine Research and Development and Industrialization Base Project (Phase I), with a total investment of 760 million yuan, etc.

"Shanghai Jin Gang Automobile Electronics Integration and Application Research and Innovation Base is expected to be completed in the second quarter of 2026," said Shen Neng, Secretary of the Party Committee and Chairman of the Jin Qiao Group. As an important part of the world's automobile electronics characteristic industrial park, the project will accelerate the aggregation of the automobile electronics industry and create a smart automobile ecological city with a full chain, full scene, and full elements.

The smart car industry is currently the industry with the largest output value and the strongest driving effect in Lingang. The industrial scale has grown rapidly, with the output value increasing from 31.4 billion yuan in 2019 to 287.9 billion yuan in 2023. At present, the Lingang Special Area has gathered more than 160 automobile-related enterprises, forming a complete industrial chain from intelligent hardware, core software to vehicle manufacturing and services. Automobile electronics, as one of the key industries of the Lingang Special Area, focuses on the layout of cockpit electronics, power electronics, chassis electronics, and control electronics.

Qiu Wei said that the manufacturing industry has played an active supporting role in the economic development and innovative transformation of the whole city of Shanghai. The "Shanghai Municipal Action Plan for Promoting High-Quality Development of the Manufacturing Industry (2023-2025)" clearly proposes that by 2025, Shanghai's industrial added value will exceed 1.3 trillion yuan, accounting for more than 25% of the regional gross product, and the annual average growth rate of industrial investment will be 5%.

Major industrial projects are the key to industrial development. Over the past five years, Lingang has continued to seize the construction of project landings, with a total of more than 570 key projects in cutting-edge science and technology industries, involving an investment of more than 620 billion yuan. From 2019 to 2023, the total output value of large-scale industry in Lingang increased from nearly 100 billion yuan to more than 400 billion yuan, with an average annual growth rate of 34.6%.

At present, the Lingang Special Area has formed a "4+2+2" cutting-edge industrial system. The "4" refers to integrated circuits, artificial intelligence, biomedicine, and civil aviation. The first "2" is Lingang's traditional advantage industries of smart cars and high-end equipment manufacturing, and the second "2" is Lingang's layout for the future development of new energy and new materials.Jiu Wei stated that, moving forward, the Shanghai Municipal Commission of Economy and Informatization will leverage the coordinating role of the Municipal Investment Promotion Office to enhance urban-rural collaboration, stabilize growth, promote investment, and optimize services. Focusing on the annual targets and tasks, efforts will be intensified to refine the scheduling of enterprises and address their demands, aiming to expedite the start of production for key projects. Strengthening industrial investment stability and effectively conducting domestic and international investment attraction activities will also be emphasized.

At the same time, there will be a focus on key industrial sectors to create new qualitative productive forces. In the field of integrated circuit industry development, efforts will be made to establish a hub for integrated circuit equipment and materials, and to introduce special policies for the third-generation semiconductors. In the field of artificial intelligence industry development, the operation of existing intelligent computing platforms will be deepened, and the layout and construction of new computing power will be accelerated. In terms of breakthroughs in key characteristic industries and niche tracks, the focus will be on accelerating the implementation of foreign-funded projects such as aero-engines and promoting the construction of smart sky network projects.

Feng Wenqing, Deputy Director of the Construction and Transportation Office of the Lingang New Area Management Committee, said that over the past five years, Lingang has fully demonstrated the "Lingang speed" in development and construction. The average annual growth rate of total social fixed asset investment was 33.4%, with a cumulative completion of 480.7 billion yuan from 2019 to 2023. A total of 2,044 projects were served and secured for construction start, with a construction area of 104.57 million square meters, and 1,318 projects were completed.

"By actively promoting urban construction, improving urban functions, driving industrial development, and fostering the integration of industry and urban areas, Lingang, as a young modern city, has become more economically vibrant, environmentally attractive, and culturally dynamic, better positioning itself as a new benchmark for China's open development and a preferred location for innovative development," said Feng Wenqing.