Major projects agreed to the tune of US$5.6 billion
With total investment exceeding 40 billion yuan (US$5.6 billion), the signing ceremony of the 2024 Yangpu District Major Projects for “New Practice and Innovative Development of People’s Cities” was held on January 3.
Yangpu District will arrange 100 major projects this year, including 90 formal projects and 10 preparatory projects. Among the 90 formal projects, there are 26 new projects with a total construction area of approximately 1.19 million square meters and a total investment of approximately 32.4 billion yuan.
The 12 major projects under construction at this time involve infrastructure, industrial projects, and social undertakings, with a total construction area of approximately 322,000 square meters and a total investment of approximately 10.18 billion yuan.
Yangpu District is fully committed to the concept of creating a people’s city, continuously accelerating the development of major industrial projects, generating new momentum for Yangpu’s economic growth.
Moreover, it promotes the organic renewal of the urban landscape and the construction of high-quality municipal infrastructure, integrating and upgrading urban functions and improving urban quality and safety resilience.
The district strives to ensure that the city’s development achievements shall benefit more people effectively. One such is to focus on high-quality development and ensure the improvement and efficiency of infrastructure projects.
Efforts will be exerted to expand domestic demand, boost confidence, continue the implementation of the requirements for moderately advancing infrastructure construction, increase the promotion of major municipal infrastructure construction, improve the smoothness of transportation arteries in Yangpu District, enhance the circulation of its internal road networks, and establish a vertical, comprehensive transportation system linked internally and externally.
Such initiatives will lay a firm foundation for the high-quality economic and social development of the district.
Another is to focus on stimulating market vitality and leveraging the leading and driving role of functional projects. It plans to accelerate the construction of the four major functional areas, namely Yangpu Binjiang, the Greater Knowledge and Innovation Community, Changyanghub, and Central Tongji.
For years, the district has been actively promoting the implementation and production of flagship, leading and innovative enterprise projects such as Tiktok, Meituan, Bilibili, China Energy Conservation and Environmental Protection Group, through supporting the construction of an online new economy called “headquarters showpark.”
The third priority is to focus on creating a high-quality living standard, speed up the implementation of urban renewal projects, bridge gaps in local livelihoods, and continually enhance the quality of services provided.
The acceleration of the construction of social projects such as elderly care, education, health, housing, and urban renewal is aimed at ensuring and improving people’s livelihoods with care and dedication, while promoting coordinated economic and social development through the provision of warm, high-quality fundamental public services.