Pudong kickstarts shared investment season

The 2023 Shanghai Global Investment Promotion Conference signals the start of a shared investment season focused on optimizing investment environments and fostering high-quality development. [Photo/WeChat account: pdnews]

The 2023 Shanghai Global Investment Promotion Conference commenced on April 6, signaling the start of a shared investment season focused on optimizing investment environments and fostering high-quality development.

Pudong invited 23 local companies to participate, resulting in 19 signed projects, with an investment of 24.97 billion yuan ($3.63 billion). Notable projects include the headquarters of real estate internet platform Anjuke, which is under 58 Group, and AutoX's autonomous driving application scenario.

This event underscores Pudong's dedication to strengthening its technology industry investment promotion brand, "Win-Win Pudong". By attracting prestigious companies and developing specialized industrial parks, the district aims to boost regional economic growth and cultivate high-end industrial clusters.

Currently, Pudong boasts 15 municipal-level specialized industrial parks, one private economic headquarters cluster, and 12 district-level specialized industrial parks.

The district's science and economic commission plans to accelerate the development of specialized parks by hosting technology industry capital matchmaking roadshow events, organizing special promotion activities for featured parks, and showcasing short video selection activities.

Furthermore, Pudong will explore venture capital and investment nurturing linkage mechanisms, pioneer cooperation models, as well as strive to establish a high-level industry technology circulation system platform.

The entire district has sparked an investment promotion wave, demonstrating strong momentum since the beginning of 2023. In the first quarter of the year, 31 investment promotion entities in the district successively organized 94 investment promotion and introduction activities, involving 18 signing or commencement events, which led to the signing of agreements on hundreds of diverse projects.

In the next investment season, Pudong will continue concentrating on the "3+6" key industries, accelerate the development of new industrial trajectories, and facilitate the launch of more high-quality projects, adhering to a schedule goal of signing projects within one month, acquiring the necessary land within three months, as well as commencing projects within six months.