08.Finance & New International Trade PAGE 30.
PAGE 33 ommerce, Culture, Tourism, Sports 09.Cor
10. Yangshan Free Trade Zone PAGE
PAGE 4 11. Three Featured Industrial Parks
PAGE 2. Overview of Key Industrial Parks
Industry Overview:
Lin-gang Special Area is the main battleground for Shanghai's initiative to become a scientific and technological innovation center with global influence. It is now sparing no effort to build an international smart manufacture center. Lin-gang Special Area will become a demonstrative zone for the innovative application of artificial intelligence with its leading technologies, diverse application scenarios, global innovation elements, and deep integration between Al and real economy. By 2025, Al-related industries will grow to 50 billion yuan. By 2035, the industries will grow to 200
billion yuan.
Building on its solid industrial base for smart manufacture and industrial Intemet, Lin-gang Special Area has attracted Al technology platforms and leading companies, such as Center for Excellence in Brain Science and Intelligence Technology (China Academy of Sciences), iFlytek, andCambricon. Its industrial chain covers important links including hardware, algorithm, and application, providing a sound foundation for future development.
Artificial Intelligence industry
International Innovation and Cooperation Zone
AI chip design, unmanned platform, tool software and smart informat service, driverless vehicle, ger technology development and service.
Comprehensive Zone & Pilot Zone
Smart hardware, smart robot.
Frontier Industry Zone
Smart sensor, smart new energy vehiele, smart equipment & material.
7+5+4" industrial layout
Investment Advantages:
Functional technology transfer platforms are opened in Lin-gang, such as the Information and Innovation Center of China Artificial Intelligence Industry Alliance and Shanghai Lin-gang Artificial Intelligence Lab (Slailab), making the “Al Base in Lin-gang” a famous brand in the industry. Lin-gang Special Area cooperates with Shanghai Jiao Tong University and Fudan University for projects such as Al academician workstations, municipal research and transfer platforms for smart manufacture and industrial Intemet, and World Laureates Association Annual Forum. The ecosystem for Al industry is well established in Lin-gang.
Shanghai Guosheng Group and Lin-gang Group co-founded Shanghai Al Investment Fund, which has an initial scale of 10 billion yuan. The fund adopts a hybrid investment strategy of direct investment and investment through sub-funds, seizes the opportunity offered by Al industry, and focuses on the core technologies and key applications of Al. It aims to nurture an industrial chain and ecosystem that connects cutting-edge technologies in the world and local application, strengthens indigenous innovation, application demonstration, policy support, and talent pooling, and accelerates the construction of an Al gravity center in Shanghai.
Lin-gang Special Area will implement the "Lin-gang Al+" campaign to encourage the trial run of the latest research results of global Al technologies. JD Al Research, Alibaba Cloud and other Al innovation centers are operational in Lin-gang, showing the prominence of Al clusters in the special area. Lin-gang Science and Technology City is chosen among the first application scenarios for new Al technology. It is building world-class application scenarios for "Al+ port transport”.
Industrial Policies:
Support the clustering of major projects. Support the deep integration of artificial intelligence and other key industries such as integrated circuits, biomedicine, and aerospace and aeronautics, based on the functional positioning and industrial base. Support artificial intelligence's role as a catalyst for new and emerging industries such as smart connected vehicle, smart manufacture, and smart robotics.
Deep integration projects between artificial intelligence and integrated circuits, biomedicine, aerospace and aeronautics, high-end equipment manufacture, or other strategic and emerging industries. Artificial intelligence technologies that serve as a catalyst for new and emerging industries such as smart connected vehicle, smart manufacture, and smart robotics.
Enterprise for the development of key technologies or generic technologies of Al chip design, core algorithm, operation system, basic software, and smart sensors.
World-class and diversified application scenarios in Lin-gang Special Area.
Several Measures to Promote the Clustering Developunent of Artificial Intelligence Industry in Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zonc
Industry Overview:
Since its inauguration in 2003, Lin-gang has always been adopting a five-prong development strategy for industries, infrastructure, urban construction, ecology and environment, and city-industry integration. Integrated circuit is the staple product of infomation technology industry, it is also one of the pillar industries of Lin-gang in the past 17 years. It is worth noting that in 2017, Lin-gang put forward a “2+3+4" industrial layout, in which “4" stands for four major industries with integrated circuit industry being the largest one among them.
Integrated circuit industry is a critical link in the industrial layout, as it connects artificial intelligence and infomation software on one end, and smart equipment manufacture and aerospace and aeronautics on the other. After the official establishment of Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone in 2019, the state govemment asked Lin-gang to prioritize 4 development areas: 1. develop new types of international trade, 2. build a global shipping hub, 3. expand cross-border financial service, and 4. construct an open industrial system that is competitive in intemational markets.
The integrated circuit industry in Lin-gang Special Area starts with equipment and materials, and its industrial chain keeps growing and improving. It responds to national strategies by attracting projects
Industrial Map of Integrated Circuit
Comprehensive Industrial Base for Integrated Circuit
Chip fabrication, equipment & materials, high-end packing & testing, etc.
International Innovation and
Cooperation Zone
High-end chip design
Frontier Industry Zone High-end chip design
Special Comprehensive Chip fabrication, equipment & materials, high-end packing & testing, etc.
that aims to tackle "bottleneck" technologies in the industries. Breakthroughs are already made in EDA tools, large wafers, photoresist, and new storage medium. These loose links on the industrial chain of integrated circuit in Shanghai is strengthened.
Lin-gang is now home to more than 40 leading companies of the industry, including Huada Semiconductor, ZingSemi, Macronix, Galaxycore Microelectronics, AMEC, Cambricon, and iFlytek, forming an ecosystem for the entire industrial chain from chip design to specialized technique, new
storage, 3rd generation semiconductor, packaging and testing, equipment and materials.
The investment attraction in Lin-gang Special Area is well targeted. The attracted projects in integrated circuits have a total contracted investment of more than 100 billion yuan, among which 3 major ones have at least 10 billion yuan of investment each. By 2025, the industrial output of the integrated circuits in Lin-gang will exceed100 billion yuan, accounting for 20% of Shanghai.
Investment Advantages:
Lin-gang was launched in 2003. In the next year, Shanghai listed integrated circuits as one of its pillar industries and published a series of favorable policies. For example, the Shanghai Integrated Circuit Equipment and Material Fund was set up to pool supportive policies and private investment. As a result, many outstanding companies in the industry came to Lin-gang, and the industrial development accelerated. In 2019, the Overall Plan for Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone clearly stated that Lin-gang Special Area will build clusters of frontier industries that tackle core technologies. It will establish a comprehensive industrial base for integrated circuits, improve the bonded supervision over the whole process of the import of materials and parts, support multinational companies to set up offshore R&D and fabrication centers, and promote the development of core chips, specialized technique, key equipment and basic materials.
In May 2020, the Five-Year Development Plan for Integrated
Circuit Industry in Lin-gang Special Area mentioned that integrated circuit is the core and the basis of the next generation information technology, and it is one of the four clusters of frontier industries in Lin-gang Special Area, which will make efforts to further enhance the capacity of IC industry, attract more industrial resources and innovation factors, and build a world-class “Oriental Chip Hub”. All these will expand the development space of the industry and improve its overall influence. A large number of planned platforms, including Shanghai SMIT EDA Institute, Shanghai Lin-gang Power Electronics Institute, and Compound Semiconductor Innovation Research Platform of SITRI, ensure the growth of indigenous innovation of integrated circuits. Lin-gang Special Area has set up several funds to attract private investment into integrated circuit industry, such as a special development fund of 100 billion yuan, Shanghai Industrial Fund for Integrated Circuit Equipment and Materials (total size 10 billion yuan, initial size 5 billion yuan), and Shanghai More than More Fund.
Industrial Policies:
In October 2019, Lin-gang Special Area Administration announced 16 policies to promote industrial development and 40 supportive measures to develop 4 pillar industrial (the “1+4” industrial policies), lending all-round support to the project construction, development scale, M&A, equipment purchase, R&D expenditure, EDA/IP purchase, tape out, testing and validation, promotion and application, and electricity price of IC companies. As a result, Lin-gang now offers the best policy support to the IC industry in China.
Investment R&D centers or industrial projects by IC companies with major global or domestic influence.
Attraction Offshore R&D centers or fabrication centers by multinational companies in IC industry.
Focus: Companies that are certified as a national or municipal major project will get extra fiscal support.
Industry Overview:
Biomedicine is a fundamental industry closely linked to people's livelihood. As a sunrise industry and one of the strategic emerging industries in Lin-gang Special Area, it has strong growth potential, affects industries in the upstream or downstream, and boosts the development of other industries. Lin-gang Special Area is building a cluster for international medical services. By allowing high-level opening-up, unprecedented favorable policies, and visible investment benefit, Lin-gang provides the innovation-drive development of biomedicine industries with an environment that has a high
concentration of innovation factors, complete systems and functions, and active market players More than 80 companies in 15 related industries have set up presence in Lin-gang, including leading companies in each sector such as TopAlliance (the first producer of PD1 monoclonal antibody in China), Dejian (R&D and commercialization of protein and polypeptide drugs), Celgene Biopharma (R&D, manufacture and sales of recombinant protein and monoclonal antibody drugs), and Dragon Sail Pharmaceutical (R&D and manufacture of monoclonal antibody cancer drugs).
Investment Advantages:
Lin-gang Special Area regards biomedicine as one of its 4 pillar industries since the very beginning and provides supports in tax, finance, international trade, planning, and land provision.
Lin-gang is sparing no effort to build the best clinical research hospitals in the world. In the process of building a cluster of international medical services, it allows, in certain hospitals, the use of urgent clinical drugs, medical equipment and new cancer drugs that are approved overseas, and gives impetus to the new development model combining scientific research, clinical trial and medical services.
Lin-gang Special Area prioritizes biomedicine industry, attracts many leading companies, and forms an industrial chain across the upstream and downstream. It will also adopt an innovative incubation model of "base + project + government funds" to provide investment and registration service, attract international innovation-driven companies of biotechnology, medical care, medicine, and big health to come to Shanghai, help such companies to localize smoothly, and support international innovation-driven companies, investment institutions and industrial partners to build a new industrial ecosystem.
Industrial To support the bio-pharmaceutical industry, Lin-gang Special Area has announced 10 favorable Policies: policies in the Several Measures to Promote the Clustering of Biomedicine Industry in Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone:
Highlight high-end “R&D + manufacture + service". Focus on areas such as antibody drugs, biopharmaceuticals, cell therapy, precision medicine, and high-end medical equipment. Construct a complete industrial chain for life science.
Support the establishment of producer service providers for outstanding biomedicine companies and research institutes in China and the rest of the world
Support the coordination between Zhangjiang and Lin-gang. Respond to the commercialization demand of high-end biomedicine projects. Support national industrial preparation projects that are unprecedented in China.
Launch the pilot demonstration zone of precision medicine in Lin-gang Special Area, with a focus on precision medicine, precision medical equipment, precision diagnosis and health service. Highlight high-end “R&D + manufacture + service", with a focus on key projects or companies in biotechnology drugs, precision medicine, and high-end medical equipment. Construct a complete industrial chain for biomedicine technology. Support the establishment of producer service providers for outstanding biomedicine companies and research institutes in China and the rest of the world. Respond to the commercialization demand of high-end biomedicine projects.
Industry Overview:
Since its inauguration in 2003, Lin-gang sticks to the principle of "embodying national strategy, Shanghai advantages and intemnational competitiveness", and became very quickly a national demonstration base of new industrialization industry (aerospace and aeronautics). In many years, it regards the promotion of aviation industry and the nurture of aviation industrial chain as an important direction of development. In terms of aircraft manufacture, Lin-gang has attracted leading companies and
research institutes such as AECC Commercial Aircraft Engine, Aircraft Engine Research Institute of Shanghai Jiao Tong University, and Innovation Academy for Microsatellites of CAS, and deployed a cluster of aerospace industry that centers on the manufacture of engine and key parts of commercial airplanes and covers related sectors such as aerospace material, airbome equipment, environmental control, maintenance and refit, and air service.
The start of the second phase of SAEM Aircraft Equipment Project will forcefully enhance the smart manufacture of aircrafts in Lin-gang, underlining its importance and visibility in the industrial layout of the city.
After the inauguration of Lin-gang Special Area, an overall development plan is set for the 24.7 km² in the southern part of Pudong International Airport. According to that, the area will become a leading area for international frontier and emerging industries, which centers on a world-class aviation industry with global influence and innovation capability.
By 2030, the industrial output will exceed 100 billion yuan, attracting 100-150 first-rate companies and more than 30,000 talents.
By 2035, the industrial output will exceed 200 billion yuan, attracting 200-300 first-rate companies and more than 50,000 talents.
Aerospace and aeronautics industry will be found in 3 clusters
Southern Part of Pudong International Airport
Large aircraft design & manufacture, manufacture of avionic equipment and core parts, manufacture of high-performance spacecraft
Frontier Industrial Zone
Engine manufacture and assembly, compound material for aerospace and aeronautics, general aviation
Comprehensive Zone & Pifot Zone
Microsatellite, BeiDou Navigation Satellite System
Investment Advantages:
As a new strategic center for the resource allocation of international aviation industry, Lin-gang Special Area sees its economy output from the world-class aerospace industry growing steadily and rapidly.
It will build a number of research and innovation platforms for the key technologies and core parts of civil aviation, functional platforms for the research and technology transfer of avionics and aircraft engines, and testing and validation platforms for the new materials and products of civil airplanes. Its world-class capacity of sci-tech innovation will be enhanced continuously. As first-rate multinational companies in research, manufacture, and logistic in the world come to Lin-gang Special Area, some with their regional headquarters, top talents such as researchers, engineers and highly skilled workers in various areas also flocks to Lin-gang. Their presence injects new impetus to the development of aerospace and aeronautics industries and provides strong support and assurance to the aviation industrial base with global influence.
Industrial Policies:
To support aerospace and aeronautic industry, Lin-gang Special Area has announced 10 favorable policies in the Several Measures to Promote the Clustering of Aerospace and Aeronautic Industry in Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone.
With a focus on large airliners and civil aircraft engines, Lin-gang lifts restrictions on registered capital and investment methods, supports aerospace and aeronautic institutes with domestic and international competitiveness to set up R&D centers and invest in industrial projects. The specific incentives and supportive measures will be decided by the expert review of Lin-gang Special Area Administration.
Support breakthroughs in core products and technologies:
Lin-gang Special Area Administration follows the annual requirement from the central or municipal government on industrial development or technology innovation, encourages the research and development in cutting-edge technologies for large airliner, aircraft engine, drone, and
microsatellite, aims to make breakthroughs in their core spare parts, fundamental materials, advanced process techniques, and industrial technologies, solicits product requirements in aerospace and aeronautics, selects premium projects, and organizes international bidding to find the best team to tacked those needs. Financial support worth no more than 50% of the technology research expenditure is granted to the unit (or union) that makes the breakthrough of core technology, based on the project requirement and result of expert review.
Support the attraction and incubation of backbone enterprises that have sizable shares in domestic and international aerospace and aeronautic markets, as well as medium, small, and micro enterprises. Accelerate the establishment of supportive institutes and industrial projects for fundamental research, technology development, product research, and experimental validation. Form synergy among projects in the industrial cluster. Promote the development of whole industrial chain in aerospace and aeronautics, such as general assembly and delivery, manufacture support, operation, and maintenance. If a company has an actual investment of 50 million yuan or above, it will receive a reward worth 3%-5% if its certified paid-in capital is equal to or more than 50 million yuan, with the same company receiving no more than 10 million yuan. The amount of reward is calculated based on the actual paid-in capital when it first exceeds the above-mentioned threshold, and will be granted in three years in the rate of 40%, 30%, and 30%.
Aviation/aerospace enterprises that purchase products or services exceeding 5 million yuan annually from non-related enterprises in Lin-gang Special Area will be given a reward equal to 2 percent of the purchase invoice amount, with a maximum reward of 3 million yuan.
Support the large-scale development of enterprises:
(1) R&D or producer service enterprises that achieve for the first time an annual sales revenue exceeding 50 million yuan, 100 million yuan, 500 million yuan, 1 billion yuan and 2 billion yuan will respectively be offered a one-off reward of 1 million yuan, 1.5 million yuan, 2 million yuan, 3 million yuan and 5 million yuan maximum.The difference between ranks will be rewarded when the enterprise upgrade to a higher rank.
(2) Manufacturing enterprises that achieve for the first time an annual sales revenue exceeding 500 million yuan, 1 billion yuan, 5 billion yuan and 10 billion yuan will respectively be offered a one-off reward of 1 million yuan, 2 million yuan, 3 million yuan and 5 million yuan maximum. The difference between ranks will be rewarded when the enterprise upgrade to a higher rank.
Support merger and acquisition:
For successful acquisitions of domestic or foreign enterprises or key R&D institutions in the aviation/aerospace industry chain, which cost more than 10 million yuan, a subsidy equal to 5% of the actual transaction cost is granted, with the maximum accumulative amount of 5 million yuan.
Support demonstration & application:
Aviation/aerospace manufacturing enterprises are supported to strengthen their IT application, upgrade intelligent equipment continuously, and form a number of exemplary application cases. Aviation/aerospace equipment manufacturers recognized as state-level intelligent manufacturing demonstration enterprises or demonstration workshops will be offered a one-off subsidy of 2 million yuan in addition to the municipal funding. Aviation/aerospace equipment manufacturers recognized as municipal intelligent manufacturing demonstration enterprises or demonstration workshops will be offered a one-off subsidy of 1 million yuan.
The financial support for enterprises that conduct function, performance, reliability, compatibility, failure analysis or other testing or validation for engineering prototypes or samples will be rewarded 50% of the actual cost with a maximum of 2 million yuan each year.
Enterprises that have obtained aviation/aerospace qualifications recognized or issued by China will be given a one-off reward of 300,000 yuan maximum for each qualification, with a maximum of three qualifications for each enterprise. Enterprises that have obtained qualifications recognized or issued by international institutions or advanced countries in the aviation/aerospace field will be given a one-off reward of 1 million yuan maximum for each qualification, with a maximum of three qualifications for each enterprise.
Advanced aviation/aerospace enterprises (institutions) in Lin-gang Special Area will be included and classified in a database to enable precise policy implementation, priority in support, and combined support. A professional service team will be set up to assist enterprises (institutions) in the database in applying for State-level, Shanghai municipal or Lin-gang
Special Area supportive policies for various resources (including improving land use efficiency, etc.), finance and taxation (including income tax, investment and financing, listing incentives, etc.), investment promotion and enterprise introduction (including enterprise settlement, headquarters economy, etc.), human resources (including talent introduction, training, housing/rental subsidies, medical insurance, children's schooling, other incentives and subsidies), industrial progress (including breakthroughs in key core technologies and products, industrial capacity improvement, etc.), production-education integration (including industry-university-research cooperation, skilled personnel training, etc.), scientific and technological innovation (including functional platforms, R&D subsidies and incentives, etc.), subsidies for R&D premises, international air traffic rights, international air services, and culture and tourism services.
“Aviation+” core industries:Aircraft general assembly and core spare parts: general assembly of passenger airliner, structural parts, electromechanical system, interior components and seats, compound materials, standard parts, etc.
"Aviation+" pillar industries:Powertrain: powertrain assembly, nacelles, core spare parts, new materials, power control system, and power experiments for aviation, aerospace, high-speed railway, metro, ships, and automobiles.
Electronics: core processing system, display system, airbome maintenance and fly data record system, comprehensive monitor system, communication system, navigation system, etc.
Supply chain & logistics: Asia-Pacific supply chain management center, bonded logistics of core parts, transit of international goods, international distribution and delivery, cold-chain logistics, bonded processing, etc.
Industry Overview:
Smart connected new energy vehicle is a pillar industry in Lin-gang Special Area. Starting from 2007, leading car companies has set up projects in Lin-gang, such as the SAIC-branded vehicle and its new energy vehicle, Benz remanufacture, and Yanfeng KSS. Along with them, a large number of supportive companies in the upstream or downstream of industrial chain also established in Lin-gang, forming a whole industrial chain with complete functions. The clustering effect of automobile industry in Lin-gang starts to take shape. In 2018, the vehicle of EV31 project of SAIC Maxus hit the road, making an important addition to the new energy vehicles manufactured in Lin-gang. In the same year, the electric vehicle giant in the world, Tesla, announced its plan to open a factory in Lin-gang industrial zone, which is not only the largest foreign-invested manufacture project in the history of Shanghai, but also the first project in China after it lifts the restriction of foreign shareholding in electric vehicles. In 2018, the total industrial output of automobile OEM and spare parts in Lin-gang reached 38 billion yuan.
In Lin-gang Special Area, the development of new energy vehicle is already a national strategy. Thanks to top players such as Tesla and SAIC Roewe, the area is highly active in investment attraction across the industrial chain, and it is negotiating with many potential companies. Established Chinese brands, top international brands and nascent brands all flourish in this place. The production capacity of completed projects keeps growing, the construction of ongoing projects is accelerating, and the siting and registration of projects in the pipeline also speeds up. A world-class industrial cluster for new energy vehicle is in the making. In the next 5 years, annual vehicle production in Lin-gang will reach 900,000, with a yearly industrial output of 200 billion yuan. In terms of the innovation and industrialization of smart connected vehicles, Lin-gang has built a comprehensive demonstration zone for smart connected vehicles. The close testing and experience zone for smart driverless connected vehicles covers 7 km². The phase 1 of open testing road for driverless vehicles stretches 26.1 km, and it can simulate traffic conditions for expressway, urban roads, rural roads, logistics and warehouse scenarios. Building on the comprehensive demonstration zone for driverless cars, Lin-gang Special Area has attracted a large number of famous high-tech companies in the industry, such as Horizon Robotics, Stratosphere, TrunkTech, and Tu Simple.
The infrastructure for smart connected new energy vehicles is also improving. In terms of the logistics infrastructure for automobile trade, Shanghai South Port, a type-1 open port in China, handled the loading and unloading of 400,000vehicles in 2018, ranking among the top 6 in the country. In Lin-gang Logistics Park and the land area of Yangshan Bonded Port, well-known automobile companies including BMW, Volkswagen and Porsche have set up their Asia-Pacific distribution centers, and a large number of shipping, logistics, and trade companies are there to provide related services, such as Maersk.
At present, in addition to the assembly plants of SAIC Roewe, SAIC Maxus, and Tesla, there are also many providers of automobile parts, such as Mercedes Benz, Novare NEV, and Yanfeng. A number of new projects will be established in Lin-gang very soon, such as the high-end
aluminum material of Aluminum Corporation of China, the electric drive project of CRRC, the assembly and logistic center of Saint-Gobain, SAS project, the car seat project of Lear Corporation, and the key structural part project of MS Autotech.
Investment Advantages:
Lin-gang Special Area will step up its support in policy, finance, and others, and focus more on future cars that are "smart, connected, and environment friendly". It will choose innovation projects with the strongest research ability and biggest application potential and promote the development of new energy vehicles and smart connected vehicles through the functional platforms linking different sectors and industries.
The smart new energy vehicle industry is developing in large scale in Lin-gang. With such a good momentum, Lin-gang will further stimulate the economic development of other areas and build a world-class cluster for new energy vehicles.
Companies can choose from a rich pool of standard workshops in Lin-gang Special Area. Projects go through the registration and approval process very fast because Lin-gang provides full life-cycle services. The planning of smart connected new energy vehicle industry focus on solving bottleneck issues in the key technologies. It will continue to improve the industrial chain, enrich the supply chain of auto parts, and enhance the competitiveness of the new energy vehicle industry.
Industrial Policies:
In terms of supportive policies, Lin-gang Special Area is the main battleground for Shanghai's effort to build a world-class automobile cluster. The 50-point Special Policy clearly listed vigorous measures such as the support to new energy and smart connected vehicle projects, the priority given to platforms, and the support for IPO and equity investment.
Investment Attraction Focus:
Key projects of smart and connected new energy vehicles of 4 major types: manufacture, application, service, and functional platform.
industries that bring breakthroughs in core technology and develop key sectors such as core chips, specialized techniques, key equipment, and basic materials. Marine power industry started early in Lin-gang, and it has already formed a complete industrial chain. However, Lin-gang still needs to make efforts to "localize" the core technologies for high-end equipment manufacture after it became a special area in the China (Shanghai) Pilot Free Trade Zone. A large number of high-end equipment corporations have come to Lin-gang Special Area, such as
Industry Overview:
Since its inauguration in 2003, the Lin-gang Base, aiming at "high-end manufacture and original design manufacture”, has established a “6+1" industrial layout with new energy equipment, automobile and auto parts, core parts of ships, engineering machinery, civil aviation supply, and strategic and emerging industries. The Overall Plan for Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone clearly stated that Lin-gang will establish clusters of frontier
SWS Offshore, CSSC-MES, CME WARTSILA, Shanghai Electric Nuclear Power Equipment, and SANY, laying a solid foundation for the industrial cluster. Lin-gang is one of the two core areas in Shanghai to develop marine economy. It focuses on high-end equipment manufacture such as offshore drilling equipment and deep-sea industry. Starting from 2018, the high-end manufacture and strategic emerging industries are coming to Lin-gang at a higher speed. Chinalco, China Transport Telecommunications and Information
Center, Institute of Engineering Thermophysics of China Academy of Sciences, and another 8 large-scale state-owned enterprises, research institutes or leading companies are registered in Lin-gang. They have focused on the bottleneck issues of key technologies, installed large science facilities, accelerated the process of industrialization, promoted the deep collaboration of the industry, improved industrial ecosystem, and build a vibrant industrial cluster.
Investment Advantages:
The ship and offshore engineering equipment industry in Shanghai has a layout of "two hubs and one belt', with one hub being the research and manufacture of high-end offshore engineering in Lin-gang, and the other the general assembly of ship and offshore engineering in Changxing Island. In 2018, Shanghai Offshore Manufacture Innovation Center was unveiled in Lin-gang, which has an operation model combining features of a company, an alliance, and a fund. The Center gathers industrial resources, facilitates cooperation and innovation, and aims to make breakthroughs in the generic and bottleneck technologies of offshore engineering. It will boost and promote the overall quality of the marine engineering in China through the participation in the entire industrialization process, from technology innovation to transfer and application.
As one of the places with the highest concentration of marine engineering equipment manufacturers, Lin-gang has a number of famous companies in offshore equipment, forms a relatively complete industrial chain, and nurtures a batch of premium projects in deep-sea equipment and deep-water exploration. Smart manufacture is the trend and direction of industrial development. Lin-gang has built clusters of new energy equipment, large ship parts, automobile and auto parts, offshore engineering equipment, engineering machinery and equipment, civil aviation equipment, and remanufacture. In May 2018, Lin-gang announced its plan for the comprehensive demonstrative zone for unmanned systems in land, sea, and air, that is, for driverless cars, unpiloted ships, and drones. At present, a number of companies have already started technical validation in the experimental scenarios in Lin-gang.
In the 50-point special policy of Lin-gang Special Area, it is clearly stated that key projects in smart manufacture and high-end equipment will be prioritized in Lin-gang. Supportive functional platforms such as engineering research centers and key laboratories will be built in Lin-gang. Guidance will be provided to the establishment of key science academies, research institutions, standard setting companies, inspection and testing institutions, and metrology and measurement platforms. Companies are encouraged to cooperate with research institutes and other companies on the industrial chain to make innovation and build industrial innovation centers.
Target bottleneck technologies based on national demand for development, such as next generation IT technology, chips, Al, aerospace and aeronautics, laser, and other smart manufacture.
Industry Overview:
As one of the key projects of the comprehensive reforms in Pudong and a upscale representation of circular economy, remanufacture is attracting wider and wider attention. In 2012, the first remanufacture industrial park opened in Lin-gang, which laid the foundation for a national-level remanufacture industrial base. A number of remanufacturers are already registered and operational in Lin-gang, among them internationally famous brands such as Caterpillar, Mercedes-Benz part remanufacture plant of Daimler Group, Shanghai Yixin Remanufacture, and Boche Renewable Resources.
The General Plan for Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone announced the construction of a maintenance and green remanufacture center facing the counties and regions along the Belt and Road Initiative, the establishment of a green certification and rating system, the support to the inbound maintenance and remanufacture of numerically-controlled machine tools and engineering equipment in the comprehensive bonded area, and the improvement of the international competitiveness of high-end and smart remanufacture industry.
Investment Advantages:
Lin-gang Special Area boasts unique advantages in green remanufacture. It has a complete industrial chain. In addition to basic services such as standard workshops, logistics, policy interpretation and human resource management, it also provides special services that include the supply of raw materials, trusted quality control, technical support, centralized precleaning, and disposal of dangerous solid wastes.
Many heavy-weight projects can be found in Lin-gang, such as GE Aviation (China) Smart Manufacture and Remanufacture Innovation Center. The remanufacture industrial system is comprised of technological research centers (National Key Laboratory for Remanufacture, and National Engineering Center for Mechanical Product Remanufacture) and public services platforms (such as on-site training centers
and testing and qualification centers). Building on its industrial base, policy advantages, and technical support, Lin-gang is sparing no effort to create an industrial ecosystem for remanufacture industry with global influence, and provide endless driving force for the development of smart, low-carbon, and high-end manufacture.
Lin-gang is accelerating the speed of project attraction and base construction to build a national demonstration zone for import equipment remanufacture.
Continue to promote the concentration of major industrial projects in Lin-gang Special Area. Lin-gang Special Area will have a priority in having national industrialization programs and major projects undertaken by Shanghai, especially in areas such as civil aviation engine and gas turbine, high-end numerically controlled machine tool and its basic equipment, deep-water and ocean offshore engineering equipment and material, and high-end energy equipment. Transport equipment (metro transport, new energy vehicle, smart car), basic equipment (construction machinery), and key projects in strategic and emerging industries (next generation information technology) will be encouraged to locate in Lin-gang Special Area to further enhance its capacity for high-end manufacture and extreme manufacture. Encourage the clustering development of remanufacture industry. Provide facilitation measures for the inspection, quarantine, and customs clearance for inbound remanufacture in Lin-gangSpecial Area using the bonded policies for remanufacture. Establish a joint development mechanism between Lin-gang Special Area and municipal industrial park brands. Attract high-level projects to Lin-gang Special Area. The incremental benefit gained in Lin-gang will be shared according to a predetermined ratio.
Remanufacture projects or innovation platforms in aviation engine parts, computer and telecommunications equipment, construction machinery, automobile engine, industrial surface preparation, and printing supplies.
Sevemal policies to Promote Todustmal Development in Lin-gang Special Area of Chmn (Shmughai) Pilot Eree Thide Zone
Several Opinions on fhe Tmplementation of Prefercutiad Policaea to Boos Hhigh-quulity Development of Lin-gang Special Aren of the Chons (Shaugha) Pilot Free Toade Zone by CPC Shanghai Committee and Shanghai Mumcipul People's Govermrent
Industry Overview:
It is of great significance to the open economy in Lin-gang Special Area to benchmark its practices against international high standards, and accelerate the high-quality development of modern service industries.Lin-gang Special Area will fully release its institutional advantages in trade and investment facilitation, make good use of its openness in modern service sector, focus on the development of cross-border finance, new international trade, digital economy and other newly
emerged businesses, constantly enhance its ability to allocate global resources and factors, and become a model for international modem services and a modern service center with global influence.
The only dispute settlement organization for securities and futures in China, the first joint-venture financial management company in China, and other agencies are opening in Lin-gang. A number of domestic and international financial organizations and enterprises, such as Bank of China, are registered in the area. National Base for the Transformation and Upgrade
of International Trade (Automobiles and Auto Parts) and Shanghai Intemational Service Trade Demonstration Base are unveiled. A modern service system with rich business types, vibrant innovative activities, compact spaces, and complete functions is taking shape.
Investment Advantages:
According to the “Five Important Elements" positioning by President Xi and the requirement of the General Plan of Lin-gang Special Area by the State Council, Lin-gang Special Area, in addition to applying all the open and innovative measures of the pilot free trade zones in China, is accelerating the process of harmonizing its investment and trade rules with the most competitive FTZs in the world. It focuses on the collection and allocation of global high-end resources and factors, promotes the facilitation and liberalization of cross-border investment and trade, pilots more vigorous open policies and more stressful pressure tests, and builds a modern service cluster based in Shanghai, benefiting China, and facing the entire world.
Industrial Policies:
Study and publish special industrial policies to encourage the opening-up and innovation in finance and trade, in order to promote the clustering development of new businesses such as cross-border finance and new international trade. Pilot innovative measures such as the streamlined settlement of cross-border RMB, cross-border transfer of domestic trade financing assets, and registration reform of foreign borrowing in companies with good track record. A modern
30-Point Policy for Finance:
On 14 February 2020, the PBOC (People's Bank of China), CBIRC (China Banking and Insurance Regulatory Commission), CSRC service system of "2+X” that centers on cross-border finance and new international trade is taking shape. Functional policies, fiscal support, tax breaks, and other supportive measures aim to ensure the proper development of premium companies and talents in Lin-gang. At the same time, key institutions and companies will receive tailormade support for their operation and development.
(China Securities Regulatory Commission), SAFE (State Administration of Foreign Exchange) and Shanghai Municipality jointly
issued Opinions on Further Accelerating the Construction of Shanghai International Financial Center and the Integrated Development of the Yangtze River Delta. The Opinion closely follows the "Five Important Elements” of President Xi and the requirement of the General Plan of Lin-gang Special Area, starts from its functional positioning and industrial
50-Point Policy for Finance:
On 8 May 2020, Lin-gang Special Area announced Several Measures to Comprehensively Promote the Financial Opening-up and Innovation in Lin-gang Special Area of China layout, pilots more open and facilitated financial policies, and lends strong support to Lin-gang to attract high-end resources and factors of finance, technology, and talent, and speed up the construction of a special economic functional zone with more international market influence and competitiveness.
(Shanghai) Pilot Free Trade Zone (50-Point Policy for Finance), which contains 5 important messages: First, comprehensively implement the opening-up of financial sector on all fronts, at deep levels and with high standards, with an effort to attract more foreign institutions. Second, further enhance the institutional innovation and pressure test of the open economy, with an effort to ensure the financial innovation faring well in the long run. Third, nurture domestic financial institutions and related agencies that are competitive in domestic and international markets for the allocation of financial resources, with an effort to make a name for local financial brands.
Fourth, establish and improve the ecosystem for finance to support real economy, with an effort to help companies thrive. Fifth, enhance the tailormade services to the financial institutions, with an effort to make financial resources stay in Lin-gang. The publication of Several Measures is a way to fully implement the "Five Important Elements" positioning by President Xi, the design and planning of the General Plan of Lin-gang Special Area, and the specific requirements in the 30-Point Policy for
Finance. It serves the opening-up strategy of China and brings Shanghai closer to its goal of becoming an international financial center. It is another major move to promote the financial opening-up in Lin-gang Special Area on deeper levels, in broader areas, and with stronger determination, and a vivid example of serving national strategy through cooperation between central and local governments.
Investment Attraction Focus:
Implement innovation-driven development strategy. Encourage the concentration of premium resources and the development of high-end service industries including but not limited to modern finance, wealth management, fintech, headquarters economy, digital trade, cross-border e-commerce, and professional service. Constantly improve the functions of Shanghai international financial center and international trade center.
Commercial Policies:
Several Policies to Promote Commercial Development in Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone is formulated to promote the clustering and sustainable develop ment of commerce, attract and nurture premium commercial entities, enhance the commercial quality and capacity, create a sound commercial business environment, and build a modern city with open innovation, smart ecology, city-industry integration and livable environment in Lin-gang Special Area, according to policy documents such as the General Plan of Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone, Administrative Measures
of Lin-gang Special Area of China
(Shanghai) Pilot Free Trade Zone, and Several Opinions on the Implementation of Preferential Policies to Boost High-quality Development of Lin-gang Special Area of the China (Shanghai) Pilot Free Trade Zone.
Support the construction of food
markets and basic commercial facilities in communities to solve the daily needs of local inhabitants and make their life easier. Support the attraction of
high-quality commercial brands at
various levels to upgrade the overall commercial environment in Lin-gang Special Area.
Cultural Policies:
Several Policies to Promote the Development of Cultural Industry in Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone is formulated to expand the support to the development of cultural industry in Lin-gang Special Area, according to policy documents such as Administrative Measures of Lin-gang Special Area of China (Shanghai) Pilot Free
Tourism and Sports Policies:
Several Policies to Promote the High-quality Development of Tourism and Sports Industries in Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone is formulated to promote the high-quality development of the tourism and sports industries, nurture projects with new business
Trade Zone, and Several Opinions on the Implementation of Preferential Policies to Boost High-quality Development of Lin-gang Special Area of the China (Shanghai) Pilot Free Trade Zone.
Support the development of cultural industries in Lin-gang Special Area, such as filmmaking, art performance, digital culture, artwork, creative
design, publication, and culture equipment manufacture. Promote the integrated development between art and tourism, sports, science & technology, commerce, finance, and trade. Build a cultural industrial system and market system with influence and competitiveness in international markets.
models and new business types, organize high-standard and professional activities, enrich urban functions, improve the quality of life, cooperate with intemational participants, and build a modern city with open innovation, smart ecology, city-industry integration and livable environment in Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone (hereinafter referred to as "Lin-gang Special Area"), according to policy documents such as the General Plan of Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone, Administrative Measures of
Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone, and Several Opinions on the Implementation of Preferential Policies to Boost High-quality Development of Lin-gang Special Area of the China (Shanghai) Pilot Free Trade Zone. Support companies and institutions in tourism and sport industries or companies and institutions providing related services that have their venues of business registration, actual operation and tax account in the City-Industry Integration Zone (386 km²) of Lin-gang Special Area, as well as those major projects and brand activities related to tourism and sports industries that are approved to be included to the scope of support. Further accelerate the development of tourism and sports industries in Lin-gang Special Area. Create new
landmarks for the international metropolis. Form new models for high-quality life. Gather new resources for tourism and sports industries. Inject new impetus to leisure tourism. Improve the overall environment. Build a cluster of tourism and sports industries with vitality, openness, exquisiteness, and eco-friendliness.
Support the attraction of tenants with high-quality and new business type
Support the construction of supportive commercial facilities for business streets, neighborhoods, and industrial Parks.
Support the construction of regional commercial centers.
Support the improvement of commercial environment.
Encourage the investment in featured and high-quality tourism and sports projects.
Reduce the finance cost for companies. Provide subsidized loans to projects.
Support the import of high-end foreign entertainment and fitness equipment.
Support tourist sites to apply for national A-level scenic spots.
Support the development of film-making industry. Support market entities to invest in film and television production bases, post-production studios, application and development of visual effect technologies, and supportive facilities to large-scale film and television activities.
Support the development of art performance industry by encouraging the construction of performance venues and the promotion of new business models. Nurture premium productions. Create a sound industrial chain. Support the development of digital culture industry by facilitating the creation and promotion of animations, cartoons and games by Chinese studios, and the establishment of famous brands for local e-sport teams.
Support the development of artwork, creativity and design, and publication industries. Support the international cultural trade and enhance financial service to art industry.
Investment Advantages:
In 2020, Lin-gang Special Area published a series of favorable policies in commerce, culture, tourism, and sports, which played a large role in promoting the clustering and sustainable development of commerce, and attracting and nurturing premium commercial complexes. The influx of industries and talents, the high-speed development of tourism, and the construction of a livable integrated city all provide firm support to the commer-
cial boom.
At present, the main commercial resources and the basic commercial facilities in the City-Industry Integration Zone (386 km²) of Lin-gang Special Area are found in 6 areas: No. 3 Ring
Road around Dishui Lake, residential area along Shengang Avenue, university area, Luchao Port area, Nicheng Town area, and Shuyuan Town area. Commercial clusters start to take shape. Lin-gang Special Area now has 5 middle- to large-scale commercial complexes and 26 hotels. Lin-gang has organized many professional sports events, such as UIM-ABP Aquabike World Championship, OP Regatta Invitational Tournament, China Intermational Women's Match Race,
UIM XCAT Powerboating World Championship, and other leading games. Other activities are also widely participated in Lin-gang, such as the New Year Running around Dishui Lake, Sunshine Music Festival, Dishui Lake Triathlon, and Lin-gang Ocean Festival. In 2018 and 2019, Lin-gang Special Area organized two sessions of World Laureates Forum in a roll. With innovation in its blood, Lin-gang Special Area will become a cradle for technological innovation and creative ideas, and an exchange platform for scientists with international influence. Lin-gang Special Area will become a sub-center of Shanghai. As its development is gaining traction, more and more leading companies in China and the rest of the world are coming to this area. In the future, more commercial, cultural, and tourist projects will locate here. Lin-gang is emerging as a destination for travel and consumption.
Investment Attraction Focus:
The downtown Lin-gang is working hard to attract modern services (including travel, conference, exhibition, culture, creativity, commerce, trade, and finance) with its high concentration of elements, city-industry integration, and demonstrative role of leading industrial development. It inherits
Shanghai's city character of openness and inclusiveness, enters gracefully onto the global stage, embraces international diversity, creates colorful life, and allows the blending of various cultures. Lin-gang Special Area integrates the cutting-edge technologies with industries, art, and life,
creating an experimental field for future technologies. Through the exchanges between the east and the west, the traditional and the futuristic, Lin-gang has demonstrated its unique charisma and characteristics, promoted cultural development, and catalyzed the prosperity of local economy.
Industrial City with
Commerce
Complete commercial facilities
to improve business upgrade urban capacity
Warm City with
Culture
Quality cultural and creative contents
to nurture city character, showcase city spirit
Active City with
Fashionable sports activities
to encourage healthy create new trends
Dynamic City with
Tourism
Rich and colorful tourist attractions and routes
to build a tourist city, share scenic environment
Several Policies to Promote the Ihigh-quality Dev elopment of Tourism imd Sports Industries in Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone
YANGSHAN FREE TRADE ZONE
The first special comprehensive bonded area in China
Yangshan Free Trade Zone locates in the south of Shanghai, along the East China Sea. In January 2020, the State Council approved the establishment of Yangshan Free Trade Zone (25.31 km²), which covers 3 areas (in 5 land plots) namely Luchao Port, Xiaoyangshan Island, and southern part to Pudong
International Airport. On 12 May 2020, Yangshan Free Trade Zone (Phase 1) passed the joint acceptance inspection of 8 miniseries such as the General Administration of Customs and became the only special comprehensive bonded area among 151 customs areas in China.
Yangshan Free Trade Zone "opens the first line and controls the second line". Goods can be imported and exported freely on national border (first line) and go through quarantine and inspection inside the bonded area. Goods that are imported from or exported to outside the bonded area (second line) only need to make customs declaration on one side. No customs account book is needed inside the bonded area. Goods can be transported without customs supervision within the bonded area. The import and export in the bonded area are calculated separately. If the goods need to be transport to another customs area, it only needs to declare on one side.
Planning of Yangshan Free Trade Zone:
Yangshan Free Trade Zone benchmarks itself against the internationally recognized and most competitive free trade zones in the world, follows the "Five Important Elements" required by President Xi, bases on the positioning of "Greater Shanghai along the coast and free trade port with both seaport and airport", aims at building a free trade port with intentional competitiveness and influence, harmonizes its rules with free trade zones/ports in the world and high-standard international trade and investment agreements, implements open policies and institutions that are fairly competitive in international market. It will become a world-famous area of best practices for the liberalization, facilitation, and integration of international investment, trade, services, an important functional zone to achieve the goals of “Five Important Elements” and leading
high-standard opening-up and high-quality development in China, and a main battleground for Shanghai's initiative to become an international economic, finance, trade, shipping and scientific innovation center.
Going forward, Yangshan will continue to enhance basic functions for bonded logistics, bonded processing and manufacturing, and bonded services, further expand functional innovations, focus on international businesses for logistics, trade, offshore finance, and R&D, and build an integrated development zone for cross-border finance. It will also construct a pilot zone for international shipping service by attracting upscale shipping factors and functions, and an innovation demonstration zone for civil aviation by developing cutting-edge and high value-added tech industries such as civil aviation manufacture. At the same time, it will also nurture key industries such as intemational supply chain management, international high-end manufacture and related services, and cross-border comprehensive services, and build the international LCL center, international distribution and delivery center, intemational order processing center, global sales and service center, cross-border digital trade center, global maintenance, repair and green remanufacture center, high-end R&D and manufacture center, international financial asset exchange center, international commodities spot trading center, and international finance lease exchange center.
Integration of port and bonded area
Implementation of
latest standards
Consistency with
high international standards
Establishment of an integrated information management and service platform
Integration of port and bonded area
Phase 1 of Yangshan has a fenced area of 14.27 km2, which includes Luchao Port (6.36 km²), Xiaoyanghsan Island (7.91 km²), and 2 land plots connected by Donghai Bridge. The operation of bonded area and port is fully integrated in a closed area.
Implementation of latest standards
Phase 1 fenced area strictly follows the standards set in "Rules on Setting the Basic and Regulatory Facilities in 2019”. Compliance conversion and upgrade for fences, roads, CCTV cameras, perimeter alarm system, check points, and buildings for offices, customs supervision, and special technologies is finished.
Consistency with high international standards
Aiming at a first-rate smart park in the world, Yangshan adopts latest technologies, such as drones, 5G, loT, and all-in-one poles, to enhance its smart supervision. In particular, it took reference from the inspection center in Netherlands, and overhauled its check and inspection platforms to make them integrated, self-contained, high-standard, and operational 24/7.
Establishment of an integrated information management and service platform
The core functions of the platform include coordinated supervision, risk early waming, e-government service, and value-added service. It aims to become an electric fence on multiple dimensions, implement accurate, smart, and smooth supervision, and enhance supervision capacity through transparent data. The platform now has 9 modules for 53 functions. It has combined 1,282 items and 17,659 information sections from 67 authorities or departments. Its data are shared with 54 companies in Yangshan, 1 company outside the bonded area, and 15 banks. It can meet the demands for coordinated supervision from customs, market supervision, tax, and foreign exchanges.
Four special features of Yangshan Free Trade Zone
I.Highly opened-up policies and institutions
A tax regime and tax policies that are very competitive internationally is implemented, giving bonded or tax-free treatment to inbound goods to Yangshan (except from those provided separately in laws, regulations and existing policies). Domestic goods from outside Yangshan is deemed as export when they reached the bonded area and is granted export rebate. The waiving of VAT and excise tax for trade and service between companies in Yangshan is carried out. Also, companies in Yangshan have the freedom of operation to carry out businesses such as transit, container consolidation, warehousing, processing, manufacturing, trade, exhibition, research and development, remanufacturing, inspection and maintenance, distribution and delivery, etc. In addition, key companies in the core production or R&D links of areas such as integrated circuits, artificial intelligence, biomedicine, and civil aviation can apply for special customs policies such as "one assessment for several imports" for biopharmaceuticals, bonded supervision for the entire group, customs supervision of finance lease outside Yangshan, if they are registered in Lin-gang Special Area but outside Yangshan Free Trade Zone.
II. Free and facilitated supervision model
According to the General Plan of Lin-gang Special Area, in addition to implementing all policies for the special comprehensive bonded area, Yangshan Free Trade Zone will also abolish unnecessary requirements for trade supervision, licensing, and procedures. Instead, it will adopt trade facilitation policies that are "fully open on first line, and highly liberal on second line". For example, the import and export permit will be suspended to the largest possible extent, giving clearance to all imported and exported goods on the national border (first line). The customs account books will not be maintained in the bonded area, and goods can be transported freely without customs supervision. Goods going into or out of the bonded area (second line), or goods to be transport to another customs area only need to make customs declaration on one side. The import and export in the bonded area are calculated separately.
Ill. Special functional positioning of integrated onshore and offshore development
According to the “Five Important Elements” by President Xi and the positioning of "Greater Shanghai along the coast and free trade port with both seaport and airport", Yangshan strives to build a free trade port with the strongest intemational competitiveness and influence, harmonizes its rules with free trade zones/ports in the world and high-standard international trade and investment agreements, and implements open policies that are relatively competitive in international market. It will become a world-famous area of best practices for the liberalization, facilitation, and integration of international investment, trade, services, an important functional zone to achieve the goals of "Five Important Elements" and leading high-standard opening-up and high-quality development in China, and a main battleground for Shanghai's initiative to become an international economic, finance, trade, shipping, and scientific innovation center.
IV. International industrial chains in special sectors Yangshan will further open key industries that are required by national strategies, in demand on international markets, but not yet practical in other places, such as telecommunications, insurance, securities, scientific research and technological services, education, and health care, implement open policies and institutions that are fairly competitive in international markets, and gradually elevate the investment and trade liberalization and facilitation to the highest levels in the world. It will also center on improving the allocation of global resources and factors, focus on international businesses for logistics, shipping, R&D, manufacture, offshore trade, and offshore finance, promote the clustering of industrial chains, nurture several featured industries with an output of trillions of yuan, hundred billions of yuan, or ten billions of yuan, continuously enhance the industrial capacity in the region, and beef up the regional creativity and competitiveness.
Investment Advantages:
Yangshan Free Trade Zone is the only special comprehensive bonded area in China. According to the General Plan, in addition to implementing all policies for special comprehensive bonded area, Yangshan Free Trade Zone will also abolish unnecessary requirements for trade supervision, licensing, and procedures. Instead, it will adopt policies and institutions that allow more trade liberalization and facilitation. Compared to other customs areas such as ordinary bonded areas, bonded logistic parks, export processing zones, bonded port areas, comprehensive bonded areas, cross-border industrial parks, and border economic co-operative zones, Yangshan Free Trade Zone boasts following advantages:
1.Policies and institutions are more liberalized and facilitated. General Administration of Customs stipulated in the Customs Supervision Measures in Yangshan Free Trade Zone that new customs supervision measures are applied in
Yangshan. Goods can be imported and exported freely on national border (first line). Goods imported from or exported to outside Yangshan (second line) only need to make customs declaration on one side. No customs account book is needed inside the bonded area. Goods can be transported without customs supervision within the bonded area. Compared to measures applied in comprehensive bonded areas (bonded port areas), which require registration and quarantine at first line, customs declaration at second line, maintenance of customs account book, and declaration on both side when transporting inside the bonded area, trade in Yangshan is significantly liberalized and facilitated. 2.The effect of guiding industrial functions is evident. Yangshan Free Trade Zone is adjacent to two major ports: Yangshan Deep Water Port and Pudong International Airport. It has a perfect location and rich regional functions. Clustering effect in trade, logistics, shipping service, and
aircraft manufacture has come into play in the original Yangshan Bonded Port Area and COMAC Pudong Base. In the future, Yangshan Free Trade Zone will forcefully develop international supply chain management, international high-end manufacture and related service, and cross-border comprehensive service, and build the integrated development zone for cross-border comprehensive service, the pilot zone for international shipping service, and the innovation demonstration zone for civil aviation. Its industrial functions will be unparalleled among its peers in China, providing much guidance to industrial development. Industrial collaboration between Yangshan and surrounding areas offers many advantages. In order to support and
promote the high-quality development of key industries and companies with international competitiveness in Lin-gang Special Area, the General Administration of Customs stipulated that key companies in the core production or R&D links of areas such as integrated circuits, artificial intelligence, biomedicine, and civil aviation can apply for special customs policies such as e-supervision, new methods of inspection and quarantine, streamlined management of customs account book, and bonded supervision for the entire group, if they are registered in Lin-gang Special Area but outside Yangshan Free Trade Zone, so that the favorable policies and industrial functions in Yangshan Free Trade Zone can benefit other parts of Lin-gang as well.
Industries in Yangshan Free Trade Zone:
Yangshan Free Trade Zone is the only “comprehensive pilot zone for international shipping" in China approved by the State Council. As an integral part of Lin-gang Special Area, Yangshan Free Trade Zone has the special geographic advantage of the Yangshan Deep Water Port and more liberalized and facilitated trade policies and institutions. A featured and competitive industrial cluster is already established, which includes Asia-Pacific distribution, automobile and auto parts, food and cosmetics, commodities, cross-border e-commerce, bonded maintenance and repair, bonded R&D, bonded ship supplies, offshore transit trade, and intemnational transit and LCL.
Featured industries:
Asia-Pacific Distribution Center
Yangshan Free Trade Zone actively implements a series of pilot programs for trade facilitation, such as free import and export on first line, single-side declaration on second line, no need for customs account book, and transportation without customs supervision, which help to unleash the potential of industrial clusters, and enhance its position as a hub on the Asian supply chain. At present, key tenants of the AP Distribution Center include Stanley Black & Decker, Dannon, Lego, Ikea, and Carrefour.
Automobile and Auto Parts
Yangshan Free Trade Zone has more than 20 distribution centers of automobile or auto part companíes on the Global Fortune 500 list. At the same time, it is also the Yangtze River Delta Demonstrative Platform for Imported Auto Parts, and Credit System Platform for Auto Part Companies in China (Shanghai) Pilot Free Trade Zone. Related tenants in Yangshan include BMW, Volkswagen, Volvo, Chrysler, Ford, Fiat, Valeo, etc.
Food and Cosmetics
Yangshan Free Trade Zone has a large supply of cold chain facilities, including refrigeration storage of more than 130,000 m2, labs for imported food testing, and specialized warehouses for imported food and cosmetics. Imported food at Yangshan Port accounts for around 90% of Shanghai Ports.
Testing and Repair
Yangshan Free Trade Zone is an important hub for bonded maintenance and repair parts of international ship. Tenants in the industrial park include MAN Group, CSSC Service (CSSC Marine Service Co. Ltd), SCIC (China Shipbuilding Industry Company Limited), etc. It has also established a public supply platform for bonded ship parts, as well as bonded warehouses, testing and repair facilities and
distribution centers for ship parts.
Cross-border E-commerce
Yangshan Free Trade Zone is a Shanghai Demonstration Zone for Cross-border E-commerce. It was awarded "the best demonstration zone for cross-border e-commerce" by Shanghai Cross-border E-commerce Association."Yangshan Stocking Model for Cross-border E-commerce"” made breakthroughs in many policies, and its first-mover advantage brings a highly concentrated development of the business. JD Worldwide, Dannon Milk Powder, SIPG Mall, Amazon, and many other projects are registered in the port area, making Yangshan Free Trade Zone an important industrial base for bonded import of cross-border e-commerce in Shanghai.
Commodities Trade
There are more than 310 commodity metal companies in Yangshan, with a combined registered capital of more than 10 billion yuan, trade volume of more than 200 billion yuan per year, and business covering the entire industrial chain of international trade. Yangshan has built specialized bonded warehouses for commodities (250,000 m²) and other facilities for logistics, distribution and storage. It also has featured functions such as bonded delivery of futures, Yangshan Copper Premium, and public announcement of shipping bills.
Bonded Research and Development
The bonded R&D platforms in Yangshan Free Trade Zone enjoys the advantages of Lin-gang Special Area such as favorable policies for high-end manufacture, the unique geographic location of Yangshan Deep Water Port, a high concentration of service providers for bonded R&D which has "both ends staying overseas”. They help to boost the hi-tech industries in Lin-gang Special Area.
THREE FEATURED INDUSTRIAL PARKS
Blue Bay World | Oriental Semiconductor Hub | Big Aircraft Park
Blue Bay World
Blue Bay World, located at the west gate of Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone, is a new generation industrial park co-developed by Lin-gang Group, Bright Food Group, and Fengxian District Government. It has an initial planned area of 17.04 km², which later expanded to 45 km².
As an integral part of Lin-gang Special Area, Blue Bay World is an important place for the development of high-end and frontier industries and the pilot area for biomedicine industry. It has nurtured industrial clusters for life science and technology, new energy and smart connected vehicle, and high-end intelligent equipment. The park is listed on the Shanghai Industrial Map for New Energy and Smart Vehicle, the Three-year Action Plan for the High-quality Development of Biomedicine Industry in Shanghai (2018-2020) and selected as one of the 26 featured industrial parks in Shanghai.
Industrial On a planned area of 4.5 km², Blue Bay World spares no effort to build a cluster for interational
Features: life science and technology industries that has combined functions of R&D, production, testing and demonstration. It focuses on the near-to-middle term commercialization projects of biomedicine, and has planned high-end interational health care services, bonded R&D of biomedicine, and intemational hospitals for clinical research in its area.
Industrial Ecosystem:
It has attracted many leading bio-tech companies, such as Tellgen, TopAlliance, Wuxi AppTech, Celgen Biopharma, OBiO, Dragon Sail Pharmaceutical, and Zhenge Biotech, with a combined land use of nearly 500 mu, building area of 400,000 m2, total investment of nearly 8 billion yuan, and an estimated output of 26 billion yuan. In addition, Blue Bay World has attracted more than 70 industrial projects from a dozen of countries such as the US, Germany, France, Japan, Netherlands, and Brazil, and has nurtured a life science and technology industry with a solid foundation on biomedicine.
Core Policies:
“1+4” policies of Lin-gang Special Area, the Special Development Fund for Life Science and Technology Industry.
Oriental Semiconductor Hub
Lin-gang Special Area is actively building a special economic functional zone with stronger interational influence and competitiveness. It will establish frontier industrial clusters that can make breakthroughs in core technologies and construct a first-rate comprehensive industrial base for semiconductor in China. The semiconductor industry in Lin-gang Special Area benchmarks against the highest standards and best practices in the world, strengthens "four major functions”, builds hardcore clusters of integrated circuits, and guides the high-quality development of the industry.
SMiT announced its Shanghai EDA R&D Center in Lin-gang toward the end of 2019. The project will forcefully promote the research and development of Chinese EDA (electronic design automation) tools. Leadrive and Lin-gang Group jointly established Shanghai Lin-gang Power Electronics Research Institute, with an aim to become a world-leading and top Chinese research and commercialization institute for high-end power and electronic technology and equipment. Huada Semiconductor is setting up a national-level carborundum research center with its own production lines. The construction of Compound Semiconductor Innovative Research Platform of Shanghai Industrial μTechnology Research Institute (SITRl) is forging ahead, which will become a "super incubator” for 5G millimeter wave application, post-5G, and terahertz technology of compound semiconductor industry.
There are more than 40 integrated circuit companies registered in Lin-gang area, covering the entire industrial chain from equipment, materials, to chip design, fabrication, packaging, and testing. Large-scale projects are rolling out smoothly. For example, the monthly production of Zingsemi has exceeded 70,000 units, meaning that China is no longer totally reliant on the import of large wafers. GTA Semiconductor, affiliated to Huada Semiconductor, has started the equipment installation of its special processing lines, the production of which will begin toward the end of 2020. The advanced ion implanter of Kingstone Semiconductor is estimated to start production at the end of this year. Lin-gang Research and Fabrication Center of ACM Research is under construction. In the area of chip design, in particular Al, new storage, and RF chips, a number of leading companies in China are established in Lin-gang Special Area, such as Cambricon, Horizon Robotics, iFLYTEK, and Sitrus Technology. The research and innovation network for equipment materials, 3rd generation semiconductor materials and other key areas is formed, which can develop or produce at least 5 types of internationally competitive products, including various chips, techniques, equipment, and materials. More than 50,000 professionals with masters' degree or above are working in the integrated circuit industry.
In October 2019, Lin-gang Special Area published a 16-point policy for the promotion of industrial development and a 40-point supportive measure for four major industries (collectively called "1+4”industrial policies), which provide fiscal subsidies to the project construction, equipment purchase, and R&D investment of integrated circuit companies, and lend comprehensive support to EDA software procurement, IP purchase, testing and validation, promotion and application, taping out, and industrial electricity price.
Big Aircraft Park
The Big Aircraft Park is located in the southern part of Pudong International Airport, inside the Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone. The industrial park has a total land area of 24.7 km2, of which 7.86 km² is in the special comprehensive bonded area.
COMAC, Shanghai Airport Authority, and Lin-gang Group are the troika behind the initiative. They pool their resources and build this big aircraft park at the southern part of Pudong International Airport, with a goal to nurture a cluster for world-class aviation industry, not only for the park, but also for the entire city.
Industrial Features:
The positioning of Big Aircraft Park is to develop "big aircrafts in a transport hub, a cradle of innovation, and a free port". It enjoys the advantages of Lin-gang Special Area, the special comprehensive bonded area, the "crown jewel" industry of big aircraft, and an international air hub that connects the entire world. The park is building a platform for the development, innovation, production, influence, and attraction of the aviation industry, gathering high-end businesses in aviation R&D, manufacture, operation, maintenance, and services, helping tenant companies to serve national strategies, realize upgrade and transformation, increase brand value, and expand the first-mover advantage in the markets, growing the cluster of Chinese suppliers for commercial aircrafts, and ensuring the safety of aviation industrial chain.
Industrial Ecosystem:
Several Policies to Promote the Clustering Development of Aerospace and Aeronautic Industry in Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone, People's Republic of China's Customs Supervision Measures in Yangshan Free Trade Zone.
Big Aircraft Park is a promoter of industrial development and a constructor of urban renovation. By aligning innovation chains side by side with industrial chains, it promotes the integration and collaboration of innovation chains and industrial chains, embraces the world and the future, constructs a first-rate aviation park with industrial clusters, free trade, smart capacities, and city-industry integration, and helps to make the Chinese dream of aviation come true in an earlier date.
OVERVIEW OF KEY INDUSTRIAL PARKS
INTERNATIONAL INNOVATION AND COOPERATION ZONE
International Innovation and Cooperation Zone, developed by Lin-gang Sci-tech City affiliated to Lin-gang Group, has a planned area of 10.3 km2. It comprises the Sci-tech City Community, Top Scientist Community, Sci-tech Headquarters Bay, and Future City. The Sci-tech City Community, covering 3.2 km2, aims to become a cradle of international innovation and an incubator of industrial projects. The Top Scientist Community, covering 2.5 km², focuses on top scientists around the worid, facilitates cooperation among the research institutions, academia, and industry, and encourages the commercialization, marketization and intemnationalization of the research results in basic science, The Sci-tech Headquarters Bay, covering 1.1 km2, works to build a gravity center for high-tech headquarters and leading companies. The Future City, covering 1 km², provides much space for the development of unmanned systems in land, sea and air. The Intermational Innovation and Cooperation Zone has 8 main functional platforms, namely the Functional Platform for Smart Manufacture R&D and Commercialization, the Functional Platform for Industrial Intemet R&D and Commercialization, Shanghai Lin-gang Artificial Intelligence Base, Shanghai Zhu Guangya Strategic Technology Institute, Undersea Scientific Observation Center of Tongji University, the Lin-gang Comprehensive Demonstration Zone of Unmanned Systems in Land, Sea and Air, Smart Skynet Innovation Project of Tsinghua University, and Fudan-Lin-gang Industrial Innovation Platform.
Also, six industries including artificial intelligence, industrial Intemet, integrated circuits, smart connected vehicles, civil aviation, and smart manufacture are developing very well in the Zone.
Tenant Cambricon, Horizon Robotics, TuSimple, Breton, Industrial Intemet Innovation Companies: Center, Oxai Aircraft.
LIN-GANG MARINE SCIENCE PARK
Located in the start-up area of Lin-gang Special Area, China (Shanghai) Pilot Free Trade Zone, the Marine Science Park was inaugurated in 2007 to build a core functional zone for the strategic development of marine economy and marine industry in Shanghai. It aims to become a "Marine Silicon Valley" with high international influence and competitiveness, as well as a first-rate "collaborative development zone for marine science and technology, a cluster for marine industry, a demonstrative zone for marine science innovation, a commercialization center for marine technology, and a cradle for talents in marine science and technology" in the world. The Park focuses on frontier areas of marine science and technology, such as smart ocean, offshore equipment, marine resource exploitation, and marine biomedicine, and it also covers other emerging sectors such as artificial intelligence and intelligent manufacture. It operates properties such as Harbour City High Live Fun Science Park, Harbour City High Live Fun Equipment Park, and Lin-gang Marine Science Plaza, offering functions for R&D, office, production, manufacture, and testing, A modern community that combines science, technology, talent, information, finance, environment, and ecology is under development. It is now striving to build a new center of attraction center for the innovative, clustering, and integrated industrial development of Lin-gang Special Area.
Tenant Rainbowfish Ocean Technology, Shanghai Shockstorm Ocean Engineering, Companies: Hengtong Subsea Technologies, Shanghai Hong Hua Oil and Gas Equipment, Autosubsea Vehicles.
LIN-GANG SCIENCE AND INNOVATION CENTER PARK
Shanghai Lin-gang Science and Innovation Center Park boasts complete infrastructure and sound entrepreneurial environment in its 100,000-m² land area. It has attracted a number of domestic and foreign companies in intelligent manufacture and integrated circuits. A mature and professional incubation chain of 3 tiers (pre-incubation - professional incubation - incubation acceleration) provides innovative and dedicated services to tenant companies of different development stages, accelerating the growth of these companies.
In 2020, Lin-gang Science and Innovation Center Park was upgraded to a global cross-border technology trade center and an offshore incubation base. The goal is to become a world-class cross-border technology trading hub that provides technology trade, R&D, company, finance, and talent services. It aims to become a hub platform with functions of technology trade, IP operation and protection, technology financing, training and exchanges, and pilot scale R&D, by combining international resources such as International Technology Transfer Network (ITTN), Intermational Securities Exchange, the international technology transfer organization, famous universities and research institutes, and international capital, and attracting domestic entities such as the Yangtze River Delta Collaborative Innovation Network, functional platforms for science and technology in Shanghai, famous scientific and research institutes in China, domestic service providers of science and technology, and local fin-tech institutions.
Tenant Companies:
JieJie Microelectronics (Shanghai), IntChains, Shanghai Power Device, Innoteck, Shanghai Napu Measurement and Control Technology, Shanghai Linxi Smart Technology, Shanghai Lingting Automation Technology.
SHANGHAI LIN-GANG SOFTWARE PARK
Shanghai Lin-gang Software Park is located at the downtown area of Lin-gang Special Area, China (Shanghai) Pilot Free Trade Zone. When it was established in 2013, the park, with a planned area of no less than 500,000 m², was identified by Shanghai Municipal Commission of Economy and Infomationization as a strategic zone for the software and information service industry in Shanghai. Shanghai Lin-gang Software Park (Harbour City Plaza base) is inside a city complex - Harbour City Plaza (78 Yunjuan Road) which has functions of office, retail, hotel, conference, exhibition, culture, and residence. The park is by the side of Dishui Lake, offering beautiful scenery, convenient transport, and various commercial facilities to tenants and visitors
Since its opening in 2013, the park has been growing amazingly fast in the past 7 years, attracting a number of anchor tenants, and forming an initial industrial layout. It plans to build on existing industries and follow the development strategy of Lin-gang Special Area to foster industrial clusters that center on integrated circuits and are supplemented by software and information service, 5G communications, and artificial intelligence. Ilt will also create a "1+X software innovation community that has a high density of industries, talents and innovation factors by following closely the development strategies of Lin-gang Special Area to be a special economic functional zone with stronger intemational influence and competitiveness and a modem city with open innovation, smart ecology, city-industry integration, and livable environment.
Tenant Companies:
Shanghai Ncatest Technologies, Shanghai Shiningic Electronics Technologies, Shanghai Sincere Technology, DS Information Technology of China Information and Communication Technology Group, SSCT, Zyllion Data, Shanghai Natlinear Integrated Circuit, Shanghai Dream Software Technology, Wedu Semiconductor, Zhongjing RFID, Enovell.
LIN-GANG INDUSTRIAL AREA
Lin-gang Industrial Area has a total land area of 37.64 km², bounded by Nanlu Highway in the east, Dadi Road in the south, Nanfengjie River in the west and Nicheng Road in the north, It is rare in the world for such a port to connect inland of China and the rest of world by combining different transport models of air, sea, rail, expressway, and river. After more than a decade of development, Lin-gang Industrial Area has become a national demonstrative base for equipment manufacture. It is now picking up the pace to be a main area in a scientific and technological innovation center with global influence located in the start-up area of Lin-gang Special Area, China (Shanghai) Pilot Free Trade Zone. Lin-gang Industrial Area has been always following national strategies, showcasing Shanghaï's advantages, and demonstrating intemational competitiveness. It is one of the industrial parks in China with the highest density of high-end equipment industry, which has six industrial manufacture bases (new energy equipment, key ship parts, ocean engineering, automobile and auto parts, large-scale logistics and engineering machinery, and equipment and key parts for civil aviation) and emerging industries (aerodynamic for civil aviation, integrated circuits and specialized devices, and remanufacture).
Tenant Companies:
Integrated circuits: GTA Semiconductor, Zingsemi, ACM Research, Galaxycore, Ideal Energy Sunflower, North Ocean Photonics;
New energy vehicles: SAIC, Tesla;
New energy equipment: Shanghai Electric;
Offshore engineering equipment: CSSC-MES, CSSC Wartsila, Waigaoqiao Shipbuilding & Offshore; Aerospace and aeronautics: AECC Commercial Aircraft Engine, Shangfei Plane Equipment Manufacturing;
Green remanufacture: Caterpillar, Mercedes-Benz Parts Remanufacturing of Daimler Group.
LIN-GANG PARK OF MINGHANG DEVELOPMENT ZONE
Minhang Development Zone is one of the 14 earliest national-level development zones in Shanghai, In 2006, Minghang Development Zone expanded to a 13.3-km2 area in Lin-gang with the approval from the State Council. After more than a decade of development, Lin-gang Park of Minghang Development Zone has formed a cluster of high-end equipment manufacture industry led by ABB Group, Sulzer Group, Saint-Gobain, and YKK.
Against the backdrop of the science and innovation center with global influence in Shanghai and the free trade zone in Lin-gang Special Area, Lin-gang Park of Minghang Development Zone is working hard to nurture new clusters of smart and high-end equipment, integrated circuits, and additive manufacturing, and push its manufacturing sector to become more intelligent, upscale, and service-oriented.
After the announcement of Lin-gang Special Area, Lin-gang Park of Minghang Development Zone prepared for the new changes and actively attracted high-end resources and factors. It has built with global vision a premium industrial park for IC and smart manufacturing -- Zhixin Valley, as part of its standard workshops (phase 3). The project is located at the start-up area of Lin-gang Special Area, with a land area of 185 mu and surface area of 130,000 m². The design of the Valley is human-centered. It plans to build single-story workshops, multi-story workshops, and multi-story pilot scale workshops, surrounded by commercial facilities that meet the various demands for R&D, offices, pilot-scale test, and production.
Tenant Companies: ABB Group, Sulzer Group, Saint-Gobain, YKK.
JINQIAO LIN-GANG COMPREHENSIVE AREA
Jinqiao Lin-gang Comprehensive Area is the northern gateway to Lin-gang Special Area, which has a planned area of 42 km². It is building an industrial cluster for light manufacture, high-tech R&D, and high value-added industries. The focus is on 6 major industries: aerospace and aeronautics, next generation information technology, smart manufacture, integrated circuit, scientific and technological innovation service, and training and education.
It takes only 15 minutes by car to go to Pudong Intemational Airport and Shanghai East Railway Station (under construction). The area is adjacent to an expressway (Lianggang Avenue) in the west. Two metro lines (Metro Line 16 and Free Trade Zone Line) pass through the area.
Jinqiao Group champions the idea of city-industry integration and business-friendly living environment. In 2012, it started the land development, project construction and investment attraction of the northem part (6.78 km²) of the comprehensive area. In 2019, the group built the Jinqiao Lin-gang industrial complex, which is a comprehensive demonstrative park for smart manufacture industry. The complex has functions of standard workshops, pilot scale R&D buildings, talent apartments, commercial facilities, offices, and exhibition center.
Its total surface area is 400,000 m², planned in 5 phases. The property started to put into service since 2019 and has attracted a number of high-end companies in smart manufacture.
Tenant Shanghai Siasun Robot & Automation, Shanghai Engineering Center for
Companies: Microsatellites (SECM), China Mobile Group Shanghai, Lin-gang Kingstone Semiconductor, Shanghai Microsat Information Technology, Shanghai Pai Satellite.
ZHANGJIANG SCIENCE AND TECHNOLOGY PORT
Located at the northem end of the start-up area of Lin-gang Special Area, Zhangjiang Science and Technology Port (planned area of 4 km²), developed and operated by Zhangjiang Group, reaches Shanghai Binhai Forest Park in the north, and Shanghai Flower Port in the south. It is only 15-minutes' drive from Pudong International Airport and 2 km away from the Lin-gang Avenue Station of Metro Line 16. With the aims to build a "future city", it combines the geographic value of Lin-gang Special Area and the brand of Zhangjiang Science City, also developed by Zhangjiang Group, to realize the co-development of different industries, synergy among various projects, and extended services.
The first phase of 180,000 m² is dedicated to advanced manufacturing. The supply of space will mainly be high-quality and mix-used buildings for workshops of advanced manufacture and pilot-scale test. It targets industries such as intelligent manufacturing, integrated circuits, 5G, aerospace and aeronautics, and next generation information technology. A number of new ICT and key equipment projects are operational in the Port. They help to develop the industrial layout of Lin-gang Special Area and set up a new benchmark for global smart and high-tech parks.
Tenant Enflame Tech, BES Technic, ASR Microelectronics, Gona Semiconductor Companies: Supermind Smart Technology, Irisian Photoelectric, Kingo Bots, Jiyi Data Technology.
LIN-GANG NEW OVERSEAS CHINESE EMERGING INDUSTRIAL PARK
Situated in the start-up area of Lin-gang Special Area, the Industrial Park is one of the first generic R&D parks opened since the inauguration of Lin-gang Special Area. As the first project launched in the innovation and entrepreneurial belt in Lin-gang, it has a planned area of 127 mu. Co-developed by Shanghai Lin-gang Economic Development (Group) Co., Ltd. and Shanghai Federation of Returned Overseas Chinese, it pools the resources of both parties to build an international, cutting-edge, industrial, and high-capacity high tech park.
Lin-gang New Overseas Chinese Emerging Industrial Park follows the industrial layout of Lin-gang Special Area, and focuses on premium customers in areas such as integrated circuits, artificial intelligence, biomedicine, aerospace and aeronautics, new material and new energy, health care and related service, and smart manufacture. As it is close to talent apartments that are "rent before sold", the Park offers one-stop service to daily life and businesses and provides policy support to company registration and industrial development. It forcefully pushes forward the industrial transformation and upgrade in Lin-gang, sticks to the overall construction of Shanghai Scientific and Technological Innovation Center and the overarching blue print of Lin-gang Special Area, and strives to become a cluster for the commercialization of scientific and technological innovation.
Tenant Lin-gang Hongbo SolarPark, Qihui Enterprise Services, Zhongman Companies: Petroleum and Natural Gas Group (ZPEC), Shanghai Licheno New Material Technology, Tanggang Tianhong Network Technology.
MODERN SERVICE OPEN ZONE
Modern Service Open Zone is located at the downtown area of Lin-gang, Shanghai. As an important part of Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone, the Open Zone benchmarks itself against the most competitive free trade zones in the world, such as those in Hong Kong, Tokyo Bay, and Singapore Marina Bay. It fully taps into the resources and open-up advantages of Shanghai and keeps improving the industrial system and development space based on its own functional positioning. It regards finance as its core industry, comprehensively develops new business types of modem services, actively pilots new policies and measures for financial innovation, expands the scope of cross-border finance, promotes offshore business, enhances headquarters economy, encourages new intemational trade, and builds a cluster for moder services. The Modern Service Open Zone has a planned area of 19.67 km² and construction area of 20 million m², among which 9.15 million m² is for residential area, 7.8 million m² for commerce and offices. According to the planning, it will have a resident population of about 171,000 people and create around 300,000 jobs. Based on the construction requirement of “overall coordination, regional collaboration, livable environment, and top performance", the Moder Service Open Zone will have a spatial layout of “one island and 5 zones", namely Culture and Art Island, Financial Innovation Zone, Central Business District, Intemational Trade Community, International IT Industrial Cluster, and Supportive Service Zone.
Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of Communications, Standard Chartered Bank, HSBC, Shanghai Commercial Paper Exchange, China Pacific Insurance.
LIN-GANG CENTER OF LUJIAZUI PLAZA
Located at the downtown of Lin-gang Special Area and the first ring around Dishui Lake, the Lin-gang Center of Lujiazui Plaza is adjacent to the largest observatory in the world, Shanghai Astronomy Museum, and Mirror of the Sky Central Park. It is a large-scale city complex (500,000 m²) for grade-A offices, intemational conventions, star hotels, commerce, cultural activities, and residence. As a truly one-stop business and life center, it offers inhabitants of Lin-gang a premium business environment, a relaxing shopping experience, and a healthy lifestyle. Lin-gang Center of Lujiazui Plaza is a pioneer of the modern service sector in Lin-gang Special Area It provides guidance to emerging sectors such as finance, cross-border commerce, and Intemet economy, and actively serves functions such as offshore finance, shipping finance, and trade finance in accordance with Lin-gang's positioning to become "a free trade zone with high intemational standards" and “a special economic functional zone with higher influence and competitiveness in international markets." Lujiazui Group tapped into its experience in building Lujiazui Financial City and founded a "Financial Free Port" with the highest quality in the shortest possible time. At the same time, the financial opening-up fuels the construction of the cross-border trade platform, making it an important window and portal for China to integrate into the diversified development of the world economy.
Tenant China Baoye Construction, Bank of Shanghai, Agricultural Bank of China, Companies: Industrial Bank, Bank of Communications.
LIN-GANG CITY INVESTMENT TOWER
Lin-gang City Investment Tower is at the prime location of the downtown of Lin-gang Special Area, in the vicinity of the regional administrative center and China Maritime Museum. It is the only smart 5A grade-A tower (with a total surface area of 26,000 m²) for office, commerce, and retail by the riverside of Dishui Lake. It is convenient to get to the tower, as it is connected to A2 and A30 express highways that lead directly to downtown Shanghai, Pudong International Airport, and Yangshan Deep Water Port. In addition, nearby routes such as S2, Lianggang Express Line, Metro Line 16 shorten the distance between Lin-gang Special Area and downtown Shanghai. The Tower, developed by Shanghai Lin-gang New City Investment & Construction Co., Ltd, is a dedicated space for construction and financial service companies. It blends well with the surrounding supportive facilities and encourages the concentration of modern services. The building, equipped with the latest technologies, such as the network-based and open-platform wireless access and an advanced 5A automation system, can meet the demands of intelligent office and retail. It mainly attracts tenants in trade, modern service, and high-tech sectors.
Tenant Companies:
Bank of Communications, Industrial and Commercial Bank of China, SPD Bank, China Minsheng Banking Corp, China Securities Capital Market Legal Service Center, Kaiyuan Securities, Shanghai Construction Design Research Institute, Shanghai Research Institute of Building Sciences, Shanghai Construction Group, China Construction Second Engineering Bureau.
LIN-GANG FINANCIAL TOWER
Lin-gang Financial Tower is a landmark located at the intersection of No.1 West Huanhu Road and Shengang Avenue, by the riverside of Dishui Lake. Designed by Arte Charpentier, a famous French architecture fim, it has a total surface area of 65,000 m², among which 47,000 m² above ground (15 floors) and 18,000 m² under the ground.
The Tower, developed by Shanghai Lin-gang New City Investment & Construction Co., Ltd, is a modern, smart, and comprehensive office building for commerce, finance, culture, and leisure at the CBD of Lin-gang. It is recognized by the Lin-gang Special Area Administration of China (Shanghai) Pilot Free Trade Zone as a key building in the region. It mainly attracts companies in science & technology, financial investment, and headquarters economy. The entire structure will be covered by 5G network, providing highly efficient office environment to all tenant companies. The Tower is surrounded by a premium business environment. When combined with the advantages of the special economic functional zone, it becomes a new type of office building with a strong brand for openness, innovation, and free flow of resources.
Tenant Companies:
Industrial Securities, Bank of Ningbo, China Guangfa Bank, China Construction Industrial & Energy Engineering Group, Shanghai Municipal Engineering Design Institute, Lin-gang Intermational Art Park, Dayin Bookstore, Starbucks, Ftabest, and D'Lake.
HARBOUR CITY PLAZA
Harbour City Plaza is invested, constructed, and operated by Shanghai Harbour City Development (Group) Co., Ltd. Its total land area is 14.8 acres, and its surface area is 558,000 m², of which 371,000 m² is above ground and 188,000 m² under the ground. It is the first wholly developed block among the 16 blocks in the Belt 1 of Dishui Lake.
The construction of Harbour City Plaza is divided into four phases. As a key public facility in downtown Lin-gang, it is an urban "public parlor" and a self-sustainable landmark. The city complex for modem services is comprised of business and office buildings, as well as other structures for commerce, residence, culture, and hotel.
The phase 1 of the project (275,000 m²) is completed in April 2020, which mainly attracts businesses in information technology, culture and education, architecture and construction, financial services, health care, and exhibition and sales.
The phase 2 (91,000 m²) is for Lin-gang International Apartments. Going forward, it will respond to the various housing demands of high-caliber talents from home and abroad and bring the mature and advanced experience of intemational talent apartment to Lin-gang Special Area. Global talents can expect to find high-end apartments in Lin-gang Special Area when the project is delivered at the end of 2020.
Tenant China Construction Eighth Engineering Division, China Merchants Bank, Companies: Shanghai Dongchang Automobile Management.
YILIU TOWER
Yiliu Tower (888 No.2 West Huanhu Road, Pudong New Area, Shanghai) has a total surface area of 26,900 m², of which 16,600 m² is above ground and 10,300 m² under the ground. It has a main building of 10 stories and a underground parking of 2 stories, offering 122 parking lots and 400-m² parking space for non-motor vehicles. The Tower is located at Belt 1 of downtown Lin-gang, which is about 1 km to Dishui Lake Station of Metro Line 16, 600 m to Lin-gang Administrative Service Center, and 50 m to the nearest bus stop. High-end talent apartments, star hotels, libraries, restaurants, and other facilities can be easily found in nearby places. It mainly serves key companies and service providers that are in line with the industrial development direction of Lin-gang Special Area, such as those in integrated circuits, artificial intelligence, biomedicine, and aerospace and aeronautics.
Yiliu Tower is quite different from other parks because it is a comprehensive service platform that also plays an administrative function. For example, it is selected as the venue for virtual business registration in Lin-gang Special Area. It is also the only building in Lin-gang that generates an annual tax contribution of more than 100 million yuan for many years. As the venue for centralized business registration in Lin-gang Special Area, it is a comprehensive service building with functions for commercial and industrial registration, tax service, legal service, and agency bookkeeping business.
Tenant Shanghai Tsingshen Technology, The First Company of China Eighth Companies: Engineering Bureau, Lin-gang Everbene.
LIN-GANG MODERN LOGISTICS PARK
Lin-gang Modern Logistics Park enjoys an advantageous location as it is backed by Lin-gang Industrial Area, which is the main battleground for the science and innovation center and the national intelligent manufacturing center. Against the backdrop of integrated development of Lin-gang, the logistics park fully utilizes its competitive edge in transport, regional planning, and favorable policies to develop production logistics and home logistics and promote the integration of logistics with trade and finance. It plays a key role in accelerating the development of the logistics industry in Lin-gang and expanding the economic development space for Shanghai International Shipping Center. Lin-gang Modem Logistics Park sits at the Yangtze Estuary and Hangzhou Bay. Backed by the advantages of Yangshan Deep Water Port, its logistics capacity is in high demand because the existing free trade zone, export processing zone, financial and trade zone, and hi-tech parks in Shanghai have huge amounts of companies that need to transport, store or process their products from trading, processing or warehousing. The park serves the economic development of Shanghai with its professional and market-based logistics network that follows the law of market economy, practices international rules and norms, and offers smooth, reliable, economic, and satisfactory services. Thanks to its advantages in geographic location and enabling polices, Lin-gang Moderm Logistics Park has already attracted numerous logistics companies and enjoys a huge market demand and potential.
Tenant Caterpillar Logistics (Shanghai), Ocean East International Logistics, EIR, Companies: COSCO Shipping Logistics International Container Storage.
LIN-GANG NANHUI NEW CITY PARK
Lin-gang Nanhui New City Park (with planned area of 1 km²) is located in the Lin-gang Heavy Equipment Industrial Park. It is bounded by Nanlu Highway in the east, Renmin Pool in the south, Tianjiao Road in the west, and Lianggang Avenue in the north. According to the 12th Five-Year Plan of Lin-gang Industrial Area, the park is a functional zone for the producer service of modern equipment in Lin-gang, and an service center for the production, R&D, design, and technological innovation of modem equipment and marine engineering. It focuses on manufacturers, research, and design firs in automobile and shipbuilding. The supportive functions of the park keep improving.
After more than 10 years of development, the park has already shown economy of scale. Tenant companies are operating smoothly. Its tenants are mainly in four categories, namely marine and shipping (marine heat exchanger of Korea Donghwa Entec), heavy equipment manufacturing (Finland Konecranes Port Machinery, Shanghai Zhenzhong Machinery Manufacturing), logistics and related services (Xingyue Warehousing, Shanghai Zhongji Yangshan Container Service), and machinery processing and manufacturing (PugangMachine Tool, Saili Metal Produce, Jiayi Machinery Manufacturing).
With the support of major projects and the boost from the synergy between Zhangjiang and Lin-gang, the park further extended to sectors such as suppliers and key parts of new energy vehicles, suppliers to smart manufacture, and suppliers to integrated circuits. Its focus of tenant attraction is on new energy vehicle and auto part manufacturing, and integrated circuits related to marine engineering and shipbuilding.
Tenant Konecranes Port Machinery (Shanghai), Shanghai Anchi Intelligent Companies: Fireproot Cable.
LIN-GANG NICHENG PARK
As the first stop on S2 Highway to Lin-gang, the park is also known as "the gate to Lin-gang". It has a planned area of 8.3 km², including industrial land of 104 acres (of which 83 mu is for standard workshops and 68 mu for heavy machinery workshops), and reserved land stretching hundreds of mu, providing enough space for future industrial development
It now offers two supportive parks in high demand, Sapphire Park and Ruby Park. Saphhire Park is a key industrial park in the Nicheng Township, which locates at the east of Lin-gang Special Area. It is a high-tech park for new energy vehicle services, integrated circuits, and high-end medical equipment. With strong support from Lin-gang Group and local government, it has attracted hi-tech companies in advanced manufacturing, set up a business services platform that provides comprehensive services such as business registration, tax, fund raising, and policy interpretation, and established a supportive park to a special economic functional zone with more influence and competitiveness in interational markets and free flow of investment, trade, capital, goods and jobs. Ruby Park is a smart manufacturing center for high-end auto parts. It is divided into several zones for high-end equipment (smart equipment and robotics), advanced manufacturing (auto parts, precision machinery, precision manufacture, and mold making), and supportive servioes (R&D, pilot scale production, scientificand technological innovation, and comprehensive services).
Tenant Swiftronic (Shanghai), Roxtec Sealing System (Shanghai), Sunglow Companies: Technology.
LIN-GANG SHUYUAN PARK
With a planned area of 10.9 km², Lin-gang Shuyuan Park focuses on following areas: automobile (automotive electronics such as the circuit board design of the core control parts) and auto parts services; bioengineering such as medical imaging and diagnostic equipment, electrical medical devices and monitoring systems, modern therapeutic equipment, rehabilitation engineering technology and facilities, R&D and production of bio-epidemic prevention devices, technological development of medical information technology and bio-technology; related industries of mobile telecommunications, microelectronic material R&D and manufacture, and integrated circuits and their producer services and chip testing. At present, Lin-gang Shuyuan Urban Industrial Park has completed the investment attraction of 1200-mu of land. The 15 tenant companies have a total investment of 2.05 billion yuan. 10 of them has finished construction (phase 1) and started operation. Their projects range from special automobile repacking and manufacturing, to surface plating of polymeric and laser membrane, special pipe sheet for tunnel, composite segment manufacture, hydraulic equipment, hydraulic motor manufacture, elevator and part manufacture, fire-fighting device, and equipment manufacture. The park has already demonstrated economy of scale.
Tenant Companies:
Shanghai Fondin Bio-Tech, Shanghai Jindun Special Vehicle Equipment.
LIN-GANG WANXIANG PARK
Phase 1 of Lin-gang Wanxiang Park, inaugurated on 11 December 2005, has a land area of about 1 km². It has a total surface area of 659,000 m2, including 146,500 m² for standard workshops. The park is mainly for companies in auto parts, ship parts, elevator parts, and generic equipment. It is making effort to attract investment in the four major industries of Lin-gang Special Area, namely integrated circuits, artificial intelligence, biomedicine, and aerospace and aeronautics. Combined with the upgrade of its existing companies in equipment and manufacturing sector, Wanxiang Park aims to attract high-quality projects in next generation information technology, high-end equipment manufacture, smart connected vehicle, new material, new energy, energy conservation, and other advanced manufacture and strategic emerging industries, nurture a number of leading companies that have huge potentials and demonstrative roles in their respective industres, and form several clusters of advanced industries. It will also follow the development focus of modern services in Lin-gang Special Area, attract headquarters of well-known companies in the world, and create a cluster for high-end trading and modem service companies.
Tenant Companies:
Integrated circuits: Leixiang, Mike Auto Parts, Stueken Precision Deep Draw Technology, Westfalia Metal Hoses;
New material and new energy:Lingchuan Electric Appliances, Qianheng Electric, Jinwei Electric Appliance, Shinenergy Technology;
Core ship parts and marine engineering:Rongyong Machine Manufacture, Sanfeng Metal Structure;
Intelligent manufacture and equipment: Carbon Block Technology, XWME, Armor Machinery Equipment, Fangzhan Fire Technology.
COMPREHENSIVE BUSINESS ENVIRONMENT
PAGE 02. Business Environment PAGE 68. 03. Risk Preventic
PAGE6 01. Special Preferential Policies
PAGE 69. 04. Ecological Environment
PAGE 80. 06. Land Planning
PAGE 74. 05. Urban Facilities
PAGE 83. 07. Service Centers
According to the Overall Plan, the first stage of the development of Lin-gang Special Area is carried out in Nanhui New Town, Xiaoyangshan Island, the southern part to Pudong International Airport and Lin-gang Equipment Industrial Zone, covering 119.5 km2. Several Opinions on the Implementation of Preferential Policies to Boost High-quality Development of Lin-gang Special Area of the China (Shanghai) Pilot Free Trade Zone by CPC Shanghai Committee and Shanghai People's Govemment clearly encourages the conservation of land, and the intensive and mixed land use. Policies for mixed and innovative used of industrial land are applied, which promotes the mix of industry, R&D, office, and pilot scale production, and accelerates the clustering of R&D and headquarters functions.
Implementation Opinions on Supporting the Increase of Industrial and R&D Land Plot Ratio in Lin-gang Special Area
Main Clearly state the details of the management, planning and implementation of land supply, and the requirement content. of performance evaluation of enterprises in Lin-gang Special Area.
Detailed Encourage high-quality projects to increase plot ratio and underground spaces. Simplify the procedures for the measures. planning adjustment of industrial land. Cut the expansion cost for high-quality industrial land.
Scope of "Industrial park platforms" in the document refer to platform companies, certified by Ling-gang Special Ares application. Administration, that are responsible for the development, construction, operation, and management of various industrial parks.
Policies for the acquisition of new land or existing land, lower land use cost for industrial park platforms, innovative land use, encouragement of mixed land use, and the transfer or lease of property.
Talent Lin-gang Special Area emphasizes the attraction, retainment, and cultivation of talents, and offers all-round Policies: measures to ensure that all talents will achieve thei ful potential.
A number of policy documents were announced since August 2019, including Several Opinions on the Implementation of Preferential Policies to Boost High-quality Development of Lin-gang Special Area of the China (Shanghai) Pilot Free Trade Zone, Notice on the Implementation of Preferential Policies to Boost High-quality Development and Attract Domestic Talents in Lin-gang Special Area, and Several Measures to Support the Talent Development in Lin-gang Special Area of the China (Shanghai) Pilot Free Trade Zone. The specific measures include bonus points for the application of residence permit, reduction of wait time for the transition from residence permit to household registration, direct household registration for talents with skills in
Implementation Opinions on Supporting the Iucrease of Indostrial and R&D Land Plot Ratio in Lm-gang Special Aren




