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January 26, 2021

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Pudong’s opening-up set to continue apace

Shanghai Mayor Gong Zheng said yesterday the city is committed to further opening up the Pudong New Area.

“Pudong will continue to play a major role under new economic circumstances and new industry shifts amid the digital transformation,” Gong told the Fourth Plenary Session of the 13th Chinese People’s Political Consultative Conference Shanghai Committee.

The construction of five new cities in the suburban districts of Jiading, Songjiang, Qingpu and Fengxian as well as Pudong’s Nanhui region will help prepare Shanghai for industry upgrades and respond to demographic challenges in the city.

“Government agencies will respond to the various needs of businesses and offer tailor-made services,” he said. “Pudong’s continued opening up and reform remain an important part of China’s national strategy, and play a pioneering role in Shanghai’s construction of international centers for finance, trade, shipping and scientific innovation.”

Gong responded to a dozen proposals made by local political advisers, including the government budget on research and development projects, foreign talent acquisition and coordination with neighboring cities related to financial services for shipping industry and boosting support for new research facilities. 

“Data should also play a crucial role, so we want to fully leverage existing data,” the mayor said.

Ding Zuyu, a political adviser and chief executive of E-House China, pointed out the importance of soft power in transforming research into commercial applications. He proposed directing district-level governments to make equity investments in high-tech startups, and provide one-stop services such as incubation, product development and commercial launches.

Li Junmin, chief of the Hematology Department at Ruijin Hospital, suggested creating third-party clinical research organizations to better leverage the city’s clinical resources, which could strengthen Shanghai’s strategic position as a biomedical innovation center.

Chen Yongliang, a standing member of the Chinese People’s Political Consultative Conference’s Shanghai Committee, suggested that Pudong should step up collaborations with neighboring provinces and cities in finance, trade and scientific innovation.




 

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