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April 22, 2021

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Pudong unveils ambitious 2021-2025 cluster plans

The Pudong New Area yesterday unveiled an ambitious plan to cultivate multi-trillion-yuan advanced manufacturing clusters as a highlight of its 14th Five-Year Plan (2021-25) outline.

By 2025, Pudong’s per capita GDP aims to exceed US$40,000.

Over the next five years, it will sharpen its industrial capabilities and build advanced manufacturing clusters based on its six core industries, namely integrated circuits, biomedicine, artificial intelligence, home-grown aircraft, big data and new energy vehicles.

By 2025, it aims to create a world-class IC industrial cluster, providing globally competitive whole-chain services to make top-end chips on a scale hitting 350 billion yuan (US$53.87 billion).

It plans to build a globally excellent nest of innovative drugs with a total industrial scale of 200 billion yuan, and a globally influential smart manufacturing highland with an industrial output value up to 220 billion yuan.

Pudong will also play a strategic role in the country’s development blueprints on domestically developed planes and future cars, which will, respectively, generate industrial output values of 50 billion and 150 billion yuan by 2025.

And sales volume of the ever-growing “digital port” will exceed 600 billion yuan.

Besides, the new area will accelerate development in emerging industries such as new materials and large cruises as well as work to lead development in pioneering industries such as quantum science and genetic engineering.

“A future Pudong will become a place where wisdom, inspiration and dream are practiced and fulfilled. Many new discoveries, inventions, creations and products will spring up,” said Zhang Maolin, vice chairman of the Pudong Development and Reform Commission.

Over the next five years, Pudong will also become a top entertaining destination, according to the outline.

Some new cultural landmarks such as the East Branch of Shanghai Library, the East Branch of Shanghai Museum and the Shanghai Grand Opera House will open to the public.

Zhangjiang will be turned into an eSports hub; Waigaoqiao will focus on art trade; the Shanghai International Resort will provide backdrops for filmmaking; and Shanghai’s former World Expo site will become a world-class entertaining hub, the outline suggested.


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