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March 3, 2021

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Hongqiao ‘bridge’ to connect markets

SHANGHAI’S Hongqiao will be a “rainbow bridge” that connects the international and the domestic markets.

Li Qiang, Party secretary of the CPC Shanghai Committee and deputy director of the leading group for promoting integrated development in the Yangtze River Delta, stressed the need yesterday to thoroughly implement the overall plan for establishing an international open hub in the Hongqiao area, whose name means “rainbow bridge” in Chinese.

The city will direct efforts to build an international central business district, set up a new platform for the international trade center, and improve comprehensive transport management.

“We will spare no effort to enhance our capacity for serving the Yangtze River Delta and boosting coordinated opening-up, to better support the development of the new development pattern,” Li said.

He highlighted the exhibition industry, saying that relying on the National Exhibition and Convention Center, the city can promote the international, professional and branded development of the exhibition economy. Aiming at some other fields such as professional services and air services, Hongqiao will accelerate the construction of featured areas for modern service industry cluster.


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