Action plan to revamp steel industry base unveiled
Print Edition
Shanghai鈥檚 erstwhile iron-steel industry base will be transformed into the 鈥渕ain front鈥 of the city鈥檚 global scientific innovation center.
Officials in northern Baoshan District released a three-year action plan yesterday, marking a new round of redevelopment for the former industrial center that will fulfill the city鈥檚 ambition to become a science and innovation center with global influence.
A promotional event for the center鈥檚 blueprint was held yesterday at the recently opened China Baowu Steel Conference and Convention Center, renovated from what was the tallest iron-steel boiler in Shanghai.
The site, a demonstration of the new round of transformation, was once home to the city鈥檚 earliest iron-steel plants 鈥 the No. 1 Shanghai Steel Factory 鈥 and later became the core production base of Baosteel. Chairman Mao Zedong and former leaders Deng Xiaoping and Jiang Zemin visited the site.
According to the action plan, between 2021 and 2023 Baoshan will develop three major industrial parks centered around biomedicine, science and technology, and robotics.
The MEDIPARK, developed by Guosheng Industrial Transformation Capital, is scheduled to open in September 2022 in the historic Luodian Town, which dates back to the Yuan Dynasty (1279-1368).
It will cover 130,000 square meters and house around 100 biomedical companies, with total annual tax revenue of more than 100 million yuan (US$15.32 million). The annual production value will be 1-plus billion yuan, and 1,000 people are expected to work there.
The project鈥檚 first phase will focus on biomedical products, medical equipment and new medicines.
Another key project, the Huanshangda, or Shanghai University-Rim Industrial Park, has opened in the Lingang Innovation Galaxy Scientific Oasis in Dachang Town. It covers 57 square kilometers and features Dachang, Baoshan Urban Industry Park and Nanda Smart City.
The Wusong area, known as the cradle of China鈥檚 modern industrial base, is being transformed into the Wusong Smart City, a subcenter with industries, innovation parks, residential communities and waterfront attractions.
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