Qingpu reaches new heights of economic and social development

Qingpu District has made significant progress in social and economic development over the past five years to achieve its “New Qingpu, New Life” goals.

Its core competitiveness and soft power have been strengthened, and its economic and social development has reached new heights.

The China International Import Expo held in Qingpu opened a new gateway to the world.

The Yangtze River Delta Greenery Integration and Ecology Demonstration Zone has enormous development potential, and the Hongqiao international hub is transformed into an international central business district.

In five years, Qingpu has made a significant leap forward and achieved stable economic growth.

Its gross domestic product topped 100 billion yuan ($15.8 billion) for the first time in 2017, and last year’s GDP growth was estimated at 5.8 percent, reaching 127 billion yuan. .

Its general budget revenue reached 23.1 billion yuan last year from 16 billion yuan in 2016, an annual growth rate of 7.6 percent on average.

The investment scale of the Yangtze River Delta Financial Industry Park has reached 150 billion yuan. Construction of tech giant Huawei’s research and development center has begun.

A trillion-yuan digital economic belt is taking shape.

Qingpu has made fruitful gains from hosting the CIIE over the past four years, and the development progress of the Hongqiao international hub is in high gear.

West Hongqiao business district has gained agglomeration advantage, while Xujing City, where the expo is held, is showing accelerated transformation and development.

A new international business platform is growing and expanding rapidly in the city and helping to fuel economic growth.

As one of the “Five New Towns”, Qingpu New Town is unique for its beautiful environment, distinctive Jiangnan (regions south of the lower Yangtze River) flavor and innovation core.

So far, 43 key projects with a combined investment of over 100 billion yuan have been signed, and a forward-looking city with high-quality living is taking shape.

At the end of last year, the district had 146,000 registered businesses and has benefited from rising consumption levels in recent years.

A number of shopping complexes, such as Wanda Mall, have become new commercial landmarks and enhanced the district’s appeal as a consumer hub of the Yangtze River Delta region.

The burgeoning industrial cluster has become a robust engine and central power spurring high-end economic development.

The construction of a national trade and service-oriented logistics center generated express delivery and logistics industry revenue of 135 billion yuan last year.

The district attracted 164 convention and exhibition enterprises, and the Hongqiao International Convention and Exhibition Industry Park was unveiled.

Qingpu has formed three 100 billion yuan industry clusters for express delivery and logistics, green finance and software information and a number of 10 billion yuan platforms for conventions and exhibitions, trade and exchanges, BeiDou navigation, new materials and artificial intelligence.

The Yangtze River Delta Region Digital Line Project is in full swing with an ambitious plan recently drawn up.

From Qingpu, the digital line relies on the digital economy and relies on the G50 highway.

It will become an innovation and industry chain and cooperate and connect with neighboring cities of Shanghai to build a regional digital innovation development belt.

Its industry scale is estimated at 500 billion yuan by the end of 2023 and 1 trillion yuan by 2027.

It will focus on areas such as digital transformation of industrial parks, digitization of commerce, digital governance and regional data cooperation and will involve 12 tasks.

One hundred smart digital factories will be built by the end of 2027, when the digital trade volume will reach 20 billion yuan.