China Daily (Hong Kong) - - ADVERTORIAL -

The Zhangjiang Na­tional In­no­va­tion De­mon­stra­tion Zone, the first na­tional-level high-tech zone ap­proved by the State Coun­cil in 1988, has re­ported out­stand­ing re­sults in its sup­port of Shang­hai be­com­ing a glob­ally in­flu­en­tial hub of tech­nol­ogy and in­no­va­tion.

The zone, which cel­e­brated the 30th an­niver­sary this year, has es­tab­lished 22 in­dus­trial parks which are lo­cated across all 16 dis­tricts of Shang­hai, cov­er­ing a com­bined 531 square kilo­me­ters.

Over the past three decades, the zone has be­come a gath­er­ing place for in­no­va­tive busi­nesses and emerg­ing in­dus­tries. It is home to more than 70,000 high-tech com­pa­nies em­ploy­ing some 2.1 mil­lion peo­ple, ac­cord­ing to the zone.

To date, there are more than 1,900 re­search and de­vel­op­ment cen­ters and 44 aca­demic in­sti­tutes in the zone, and over 80 per­cent of Shang­hai’s high-cal­iber pro­fes­sion­als have cho­sen to set­tle in Zhangjiang.

Last year, key com­pa­nies in the zone re­ported a com­bined 4.69 tril­lion yuan ($673 bil­lion) in op­er­at­ing in­come. The value of in­dus­trial through­put was es­ti­mated at 1.44 tril­lion yuan.

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