Hongqiao CBD as a highlight
The district will further empower the strength of the Hongqiao International CBD and introduce 20 new headquarters companies to greatly develop its headquarters economy.
The Hongqiao International CBD will become a leading professional service highland in China and attract talent, world-renowned law, finance and tax institutes to set up there.
Trading will become further convenient in the CBD area. The Hongqiao Import Commodity Exhibition and Trading Center will be developed into an industrial products launch platform, while supporting Shanghai to build itself into a Silk-and-Road ecommerce pilot area.
Quality cross-region e-commerce and art display projects will enjoy a higher priority.
The region will set up an international trading import and export goods display and experience center, while increasing the frequency of Shanghai Express China-Europe freight trains.
Monthly investment promotion events will be launched to attract high-quality companies and projects to Minhang. Five multinational headquarters and 15 foreign-investment research and development centers will be added as the district’s “headquarters economy” development plan.
The successful experiences in land redevelopment in the Moderna project will be further applied in land leasing, project filing and processing.
Grand NeoBay as an impetus
The district will actively build up a modern industrial system that will include high-end equipment, biomedicines, new generation information technology, artificial intelligence, gene and cell therapy, synthetic biology, and medical robotics.
It will further expand its domestic needs through highlighting brands’ first store and flagship store economy. Its Wuzhong Road commercial complexes will be further improved as a national level night culture and tourism area.
The district will accomplish fixed assets investment worth more than 78 billion yuan, and build up 20 highquality “smart manufacturing space” projects. It will also encourage state companies to redevelop their industrial lands in stock.
Urban renewal
The district will allocate 9,200 subsidized rental housing apartments. The New Era Builders and Managers Home, a star public welfare project in 2023, will be extended to all subdistricts and towns in Minhang to benefit migrant populations with at least 5,000 dormitory beds.
About 210,000-square-meter temporary housings will be allocated for 1,400 households while their own apartments are in urban renovation. Three hundred elevators will be installed in old neighborhoods and 800,000-square-meter neighborhoods will go through neighborhood renewal.
The district will also improve its comprehensive traffic system that includes the Airport Railway, the Jiading-Minhang Regional Railway, the south extension of Metro Line 13, 23 and 15, the Yangtze River Delta demonstration zone intercity railway, the Yindu Road Cross-Huangpu River Channel, Caobao Road expressway, Puye Road First Phase, East Fengpu Bridge, and Metro Line 19.
About 1,200 new energy public charging stations will be newly added in the district.
Urban renewal will take place more thoroughly: contracts of approval will be signed with all the residents at the 5530 Longwu Road neighborhood in Wujing Town, while reconstruction steps will be quickened in Jiuxing Village of Qibao Town, Zhongxin Village of Zhuanqiao Town, and the Zhaojialou area in Pujiang Town. Redevelopment on Duhang Old Street in Pujiang Town and Zhudi Village in Huacao Town will commence this year.
The district will also study and