Zhangjiang Science City
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.
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.
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 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.