DYNAMIC DEMONSTRATION CENTER IN A NUTSHELL
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.
(China Daily 11/10/2018 page9)
