Zhangjiang High-Tech Park
Zhangjiang High-Tech Park (hereinafter referred to as the Zhangjiang Park), founded in 1992, is one of the major state-level high-tech industrial development zones. Since Shanghai Municipal Party Committee and Municipal Government made a strategic decision of "focus on Zhangjiang" in 1999, Zhangjiang Park has entered a stage of rapid development. In 2010, Kangqiao Industrial Park and International Medical Zone were included into Zhangjiang Park; in 2012, Zhoupu Fanrong Industrial Area was included. Zhangjiang Park covers an area of 79.9 square km, with 40 square km of Core Area, 26.88 square km of Kangqiao Industrial Park, 11.78 square km of International Medical Zone and 3.77 square km of Zhoupu Fanrong Industrial Area. The State Council included the 37.2-square-kilometer Zhangjiang Park into Shanghai Pilot Free Trade Zone on December 29, 2014, bringing the Park a new round of opportunities for development. Zhangjiang Park stretches to the Outer Ring Road and Shenjiang Road to the east, Outer Ring Road to the south, Luoshan Road to the west and Longdong Avenue to the north.
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.
More than 10,000 enterprises have registered in Zhangjiang Park and leading industries include information technology, biomedicine, cultural creativity, and low-carbon and environmental protection industries, two thirds of whom are tertiary industries.
Information Technology (IT) Industry: It mainly includes integrated circuit, software and IT service, optoelectronics and consumer electronics terminal industries, etc. The integrated circuit industry has formed a complete industrial chain including design, manufacturing, packaging, testing, and equipment and materials, and its output accounts for one third of that of the whole country. The software industry has also gathered a large number of well-known software companies and R&D institutions at home and abroad, including Baosight Software, Citigroup Inc. from the USA, INFOSYS and TATA from India, etc. Eight of them are among the world’s top 30 software industries, and 11 of China's Top 100 software industries have set up R&D centers in Zhangjiang Park.
Bio-pharmaceutical Industry: A complete innovation chain has been formed including new drug development, drug screening, clinical research, pilot plant scale-up, registration and certification, and mass-marketing. The park has developed more than 230 new drug products and acquired more than 50 new drug certificates. Currently, nearly 300 drug products are being developed. Seven of the world’s top 10 pharmaceutical companies have set up R&D centers in Zhangjiang Park (such as Roche, Pfizer, and Novartis) and more than 400 related R&D institutes and over 40 CRO companies have settled in the park.
Cultural and Creative Industries: With the industrial characteristics of digital publishing, animation, film and television, online games and creative design, the park has gathered a large number of domestic and foreign outstanding cultural and creative enterprises such as Shanda Literature, Hyundai Cartoon, Blizzard Entertainment, Electronic Arts, Juli Media, Hujiang Network, Hippo Animation. In 2008, Zhangjiang Cultural Industry Park was officially named China’s first state-level digital publishing base by the State General Administration of Press and Publication. In 2011, it was officially named the international cultural industry demonstration park by the Ministry of Culture.
Low-carbon and Environmental Protection Industry: The park gives priority to the development of the businesses of smart grids, water treatment, biofuels, biological desulphurization, the R&D of energy-saving and environmental protection equipment and environmental protection services. Enterprises such as Lin Yang Electronics and e-Cube Energy develop rapidly.
In addition, as Shanghai is building a Global Science and Technology Innovation Center, Zhangjiang Park strives to foster an entrepreneurship base for "four new" economy (new technologies, new industries, new models and new businesses), develop and introduce a group of relevant enterprises. The park is accelerating the aggregate development for those enterprises, making Zhangjiang become a source and gathering place for the development of “four new” economy.
Innovation resources continue to converge in Zhangjiang Park. The park is home to 403 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 talents for the development of enterprises in the park.
Science and technology-based finance continues to develop. Zhangjiang Park has gathered 20 banking financial institutions and 34 venture capital institutions. The park has helped 28 companies listed, 25 enterprises listed on the New Third Board, and 19 companies listed in 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.
High-level talents continue to flow in. There are nearly 350,000 employees in Zhangjiang Park, 56 percent of whom hold a college degree or higher. More than 5,500 employees have a PhD degree and nearly 40,000 have a master's degree. The park has 96 talents from the national "Thousand Talents Plan", 92 from the "Thousand Talents Plan" of Shanghai, 15 leading talents of Shanghai and around 7,600 overseas returnees and foreigners. There emerged a number of leaders for independent innovation, such as Wu Ping, Chang Zhaohua, Yu Gang and Chen Tianqiao.
Reforms and innovations are further advanced. Taking Pudong's comprehensive supporting reforms as an opportunity, the Zhangjiang Park adopted ten policies for innovation and made breakthroughs in innovation in the fields of equity-based incentives, state-owned venture capital, fiscal and tax support and talent accumulation. It has further promoted the pilot projects of CMO and reform on the bonded supervision over integrated circuits, pushed the construction of the air service center in the park, deepened the reform on the examination and approval system in Zhangjiang and advanced the "secondary development" of Zhangjiang's land and the transformation of the land used for industrial purposes. The park has built a credit system for Zhangjiang, and it will strive for more pilot reform projects.
The overall environment continues to optimize. The public transport infrastructure such as the metro, buses, and trams continues to improve. The park has built such business areas as Legend Square, Changtai Plaza, and Huizhi Life Center and renovated the 40,000-square-meter Nobel Lake Park and built the Zhangjiang Sports Leisure Center. Intensified efforts has been made in the construction of talent apartments and a "two 1000s" policy has been introduced, namely, the monthly living cost per person is 1,000 yuan and the monthly rent for offices is 1,000 yuan. The park strives to create a comprehensive environment for development with convenient living facilities, a beautiful environment, good services and a comfortable life.