Industrial map will guide investors
SHANGHAI issued an industrial map yesterday that spells out investment guidance and development plans for industries.
Ten investment projects were also signed between overseas companies and districts yesterday at the Promotion Conference on Overseas Investment in Shanghai Industry, one of the support activities at the CIIE. The total investment agreement was 3.78 billion yuan (US$540 million).
The industrial map will guide investors to cluster in related areas, and help big projects to settle in suitable districts in Shanghai. It aims to optimize the industrial orientation and the industrial layout of districts and key areas in Shanghai.
It focuses on digital industry, emerging industry, modern service industry and modern agriculture.
The map covers primary, secondary and tertiary industries. It is split into two parts, the status quo map and the future map drawn from dimensions of space and industry.
The space dimension includes 16 districts and 67 key areas in Shanghai, and the industry dimension includes 27 key industries such as finance and artificial intelligence.
The status quo map provides investors information about enterprises and innovative resources and the layout of related enterprises. The future map lays out overall planning for general, space and industry distribution for districts and key areas in Shanghai.
For example, the status quo map for the bio-medicine industry shows that its resources are crowded in the middle and south areas of the Pudong New Area, especially in Zhangjiang High-tech Park. On the future map, the resourceintensive areas of Pudong will be the biggest development and manufacturing center for bio-medicine and medical machines.
It allows investors to choose their location with an eye on the future.
Ada, a German-based company involved in AI auxiliary diagnosis and treatment technologies, preferred to settle in Zhangjiang High-tech Park chiefly for its densely-populated medical resources and emphasis on technologies, according to Paul Anthony Jakiciw, Ada CBO.
The government hopes the industry maps will help investors to easily choose suitable areas to establish themselves in.