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February 19, 2021

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Cabinet backs development of Hongqiao

THE State Council has agreed to a draft guideline submitted by the National Development and Reform Commission for the development of the Hongqiao Central Business District in the latest step to further opening-up and connectivity with neighboring regions.

It has asked local authorities in Shanghai and neighboring Jiangsu, Zhejiang and Anhui provinces to standardize working mechanisms and draw up detailed rules to make sure targets are achieved timely, said a statement posted on the official website of the Chinese government yesterday.

New policies and major construction projects in the planning and construction of the Hongqiao hub will be reviewed accordingly, according to a State Council release dated February 4.

The draft rule sets a target for Hongqiao to become an important growth engine for high-quality regional economic development by 2022 and an international open hub by 2025.

It aims to build Hongqiao into an international urban area as well as an open hub with an improved ecological environment that can lead to the higher-quality integrated development of the Yangtze River Delta region.

The guidelines fall under five core concepts — creativity, coordination, environment friendliness, openness and sharing. The implementation of the development guidelines should seek higher-quality integrated development of the area and enhance its ability to connect with the Yangtze River Delta region and overseas areas.

The State Council said it would coordinate on the implementation of the guidelines.


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