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June 30, 2020

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Home » Sunday » Technology

NetEase kicks off new park in Qingpu

By Hu Min | 00:04 UTC+8 June 30, 2020 | Print Edition

Construction of an international culture and innovation sci-tech park, with a 5 billion yuan (US$906 million) investment, kicked off in Shanghai’s suburban Qingpu District yesterday. It will feature gaming, eSports and virtual reality industries.

The 621,000-square-meter NetEase Shanghai International Culture and Innovation Science and Technology Park is being built at the Shanghai Shixi Software Information Park.

It will incorporate innovation, incubation, technology, commerce, lifestyle, and events. It will include an eSports venue which can accommodate about 2,000 people, office buildings, a display and training center.

It will introduce investment and cultivate gaming and animation, eSports and virtual reality industries and attract relevant industry chain partners, forming an industrial park gathering 20,000 high-end talents, said Zhao Huiqin, Qingpu’s Party secretary.

It will also fuel the development of Qingpu’s software information industry, the district government said.

Shanghai and NetEase have huge cooperation potential in terms of the company’s business and industry layout, and the city will spare no effort to create a world-class business environment, said Chen Mingbo, vice secretary general of the Shanghai government.

Qingpu will further step up the introduction of high-level professionals and improve the business environment to make the district one of the most competitive and attractive regions for business in the Yangtze River Delta region, Zhao said.

In September, 2018, the Shanghai government signed a strategic cooperation agreement with NetEast to promote the landing of industrial projects such as cross-border e-commerce and eSports.

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