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August 22, 2017

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Software park expects high growth

THE Shanghai Pudong Software Park, one of the earliest software parks in China, may generate high growth with a newly-opened sub-park boasting upgraded infrastructure and engaging in new technologies like cloud computing, Internet of Things and artificial intelligence, Shanghai Daily learned yesterday.

The new sub-park, in the Sanlin region in the east of Shanghai, is expected to produce up to 10 billion yuan (US$1.47 billion) in annual revenue and attract about 200 information technology firms. Investment in the newly-opened park totaled 4 billion yuan, said Pudong Software Park Co, the park operator.

The software park plans to become a new smart IT park, according to Zhang Sulong, general manager of the software park.

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