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January 21, 2022

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High-quality growth to grace future development in Shanghai and beyondEditor’s note:

At the ongoing Two Sessions in Shanghai, high-quality growth is a catch phrase among lawmakers and political advisers – as it is a guidance to direct a new development format in China.

The Yangtze River Delta region, with Shanghai at the core and supported by the neighboring provinces of Jiangsu, Zhejiang and Anhui, has been a model of high-quality growth. The region is recognized as having the most robust economy, greatest openness and strongest innovation capability of any region in China.

With a shared culture, a talented and educated workforce, established companies in many key industries and a growing research and development capability, the YRD region offers a natural base for collaboration.

Accelerated pace of growth in the region has been seen in the past three years after further integration in the region was adopted as a national strategy in 2018. What has happened and what is likely to take place next is worth a close study.




 

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