Shanghai Lin-gang Jiading Technology City Economic Development Co Ltd and Shanghai Youfei Information Technology (Group) Co Ltd signed a contract regarding the reservation and purchase of a project building in the Lin-gang Jiading Technology City.
By leveraging the headquarters of smart manufacturing firms like Midea and TCL, the West Hongqiao Area is aiming to raise the value of its cluster of intelligent manufacturing industries to 100 billion yuan.
The South Hongqiao Area is a key part of the Hongqiao International Open Hub and is becoming a new center of the digital economy in Shanghai due to a large number of companies that specialize in the field setting up offices in the area.
The "Source of Hongqiao" Online New Economy Ecological Park – located in the Changning area of the Hongqiao International Central Business District in Shanghai city in East China – was launched at the 2022 Shanghai Global Investment Promotion Conference on June 16.
Shanghai is consolidating its position as a hub for the online new economy, a year after the municipal government released a guideline to bolster the sector's development.
