3 core industries to be developed in Jinqiao zone
By Zhu Shenshen |
June 14, 2013, Friday
|
Print Edition
Print Edition
SHANGHAI will develop three core industries in the Jinqiao Development Zone in the Pudong New Area by 2015 under its 12th Five-Year Plan, Shanghai Daily learned yesterday.
The auto, information technology and manufacturing service industries will each contribute output of more than 100 billion yuan (US$16.3 billion) in Jinqiao under the plan.
The zone will also speed up and simplify the business process for the industries.
The development of Jinqiao, which contributes one-15th of Shanghai's total economy, represents the city's ambition to develop industries with high-tech capability and more added value.
In 2012, Jinqiao, whose total revenue jumped 30 percent to 495.5 billion yuan, lured 1,770 projects with a total investment of US$21.8 billion from companies like Shanghai General Motors, Datang Telecom and Alcatel-Lucent Shanghai Bell.
"We will continue investing in the zone for the coming 4G technology and establishing a complete industry zone," said Wang Hailong, vice president of Leadcore Technology, which designs chips for telecommunication devices.
Leadcore, a subsidiary of state-owned Datang Telecom, operates a research center in Jinqiao with more than 1,000 employees. It will open the second phase of the facility in Jinqiao next year. China Mobile and China Telecom have also set up national video and other services centers in Jinqiao.
The auto, information technology and manufacturing service industries will each contribute output of more than 100 billion yuan (US$16.3 billion) in Jinqiao under the plan.
The zone will also speed up and simplify the business process for the industries.
The development of Jinqiao, which contributes one-15th of Shanghai's total economy, represents the city's ambition to develop industries with high-tech capability and more added value.
In 2012, Jinqiao, whose total revenue jumped 30 percent to 495.5 billion yuan, lured 1,770 projects with a total investment of US$21.8 billion from companies like Shanghai General Motors, Datang Telecom and Alcatel-Lucent Shanghai Bell.
"We will continue investing in the zone for the coming 4G technology and establishing a complete industry zone," said Wang Hailong, vice president of Leadcore Technology, which designs chips for telecommunication devices.
Leadcore, a subsidiary of state-owned Datang Telecom, operates a research center in Jinqiao with more than 1,000 employees. It will open the second phase of the facility in Jinqiao next year. China Mobile and China Telecom have also set up national video and other services centers in Jinqiao.
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