Shanghai - Shanghai Zhangjiang High-tech Park

Shanghai Zhangjiang High-tech Park

Facts&Figures (2007)

Source：Administration Committee of Shanghai Zhangjiang High-tech Park

Introduction

Shanghai Zhangjiang High-tech Park (Shanghai Zhangjiang HTP) was set up in 1991 upon approval from the State Council. It is the seventh state-level development zone in Shanghai. Formerly known as Shanghai High-Tech Industrial Development Zone, it was renamed Shanghai Zhangjiang HTP in 2006 and spans an area of 42.11 km².

Located in Pudong New Area, it is 13 km from downtown Shanghai and 9 km from the Shanghai Bund CBD. It is only a 30 minute drive to Shanghai Hongqiao Airport and Shanghai Pudong International Airport. Waigaoqiao Port is conveniently located 25 km from the zone.

The Waigaoqiao Container Port of Shanghai Port is located 30 km away. Shanghai Port was China's largest container port in terms of container throughput in 2007. The foreign trade container throughput at Waigaoqiao Port hit 15.6 million TEU, making up 60% of Shanghai Port's total within the same year. In addition, Shanghai Railway Station, which has over 100 cargo lines, is just 17 km from the zone .

Investment Climate

Shanghai Zhangjiang HTP was developed later than other development zones in Shanghai, such as Shanghai Jinqiao Export Processing Zone and Shanghai Caohejing High-tech Park. However, the park has been developing at an extraordinary pace. In 2007, the gross industrial output from Zhangjiang Hi-tech Park amounted to RMB 39.8 billion, representing an increment of 31.7% year-on-year.

The park has formed major industries in electronics and information, biopharmaceutics and optical-mechanic-electric integration. To focus on the development of these industries, it has established eight special parks, namely, IC Industry Base, Bank Card Industry Base, Biomedicine Industry Base, Software Industry Base, Creative Industry Base, China Eastern Information Security Industry Park, Photoelectron Industry Base and Modern Medical Machinery Park.

There are over 150 IC design and production firms in Zhangjiang HTP. Top semiconductor manufacturers in the world, such as AMD, Free Scale and IBM, have established their businesses in the zone. Semiconductor International Manufacturing Corp (SMIC), Hongli Semiconductor and Hua Hong NEC are the three major IC producers in the zone. The total production capacity of the three companies account for 50% of China's total. SMIC’s new 12-inch IC project, with a total investment of US$1.2 billion, started in December 2007. This project will strengthen the leading position of the park's IC industry.

It has also attracted renowned domestic universities and colleges to establish microelectronics research institutions or R&D centers within the zone. Fudan University, Tsinghua University, Beijing University, Shanghai University and University of Science & Technology of China have also established their own units within the zone.

Shanghai Zhangjiang HTP is famous for its biopharmaceutical industries. The top ten global medicine manufacturers, such as GlaxoSmithKline, Roche and Rhodia, have opened R&D centers in the park. Novartis from Switzerland started the construction of Novartis (China) Institute for BioMedical Research in 2006 with US$100 million to develop new technology and carry out medicine research in China.

A large number of investors are watching the rapid development of the enterprises in the park. These investors have established units or made investments in the zone. Major investors, such as Sequoia Capital, IDG, Draper Fisher Jurvetson and UBS, as well as other domestic private investors, such as the Commerce Chamber of Zhejiang Province and Zhejiang Pioneering Investment, have invested in the zone. U.S.-based Draper Fisher Jurvetson even established its mainland headquarters there.