Xuhui district, with a total area of 54.93 square kilometers, is a place where Eastern and Western cultures meet. The district is abundant in all types of resources, particularly with plentiful international education and healthcare facilities. It has hosted four consecutive sessions of World Artificial Intelligence Conference (WAIC) and is home to over 10 universities like Shanghai Jiao Tong University, over 150 high-level scientific research institutions including Shanghai Qi Zhi Institute and one-fourth of Class III Grade A hospitals in Shanghai. A total of 108 academicians of the Chinese Academy of Sciences and the Chinese Academy of Engineering as well as one-fourth of national science and technology awards winners in Shanghai are living or working here.

During the 14th Five-Year Plan (2021-25) period, Xuhui is committed to upgrading towards an innovation-driven urban district, a highland of industries, a hub of excellence and openness, and a model of cultural development and urban governance.

Investment Highlights

  Digital economy

  Life science and healthcare

  Cultural innovation

  Modern finance

Business-supporting Facilities

  Xujiahui International CBD

Key Buildings: Shanghai International Trade City (ITC), Grand Gateway Shanghai, Urban Development International Tower, Metro Tower, Xujiahui International Building

  Hengshan Road–Fuxing Road Historical Preservation Area

Key Buildings: IAPM, Huaihai International Plaza, Century Business Plaza, K.Wah Center

  Xuhui West Bund–International Charming Water Front

Key Buildings: West Bund AI Tower, West Bund Creative Warehouse, West Bund Financial City, International Media Port, Lumina Shanghai, Poly West Bund Center, CES West Bund Center, Shanghai Greenland Center, Greenland West Bund International Center

  Caohejing Hi-tech Park

Major Industries: Electronic information, new materials, highend equipment, biopharmaceuticals, renewable energy, automotive R&D, modern services

Major Area: West Bund

Overview

West Bund, with a planned area of 7.31 square kilometers, has achieved further development based on the "One Port, One Valley, One City, One Warehouse and One Bay" layout, with "AA" (Art & AI) as leading forces.

Features and Advantages

Spaces enriching industries: Promoting the development of industry clusters of science and technology, culture, finance, and life science and healthcare leveraging arenas such as Media Port and AI Valley

Technology empowering development: Achieving wide application of AI in transportation, education, healthcare and other areas backed by scientific research institutions such as Shanghai Artificial Intelligence Innovation Center and the Global University Artificial Intelligence Academic Alliance

Policy Support

  Headquarters Economy

Newly introduced or newly certified MNC regional headquarters are entitled to a subsidy for establishment, capped at 5 million yuan ($697,730).

  Sci-Tech Innovation

Newly introduced or newly certified national-level, municipal-level or district-level corporate technical centers are entitled to a one-off reward, capped at 1 million yuan.

  Talent Development

Convenient medical services and assistance for children education are available for executives of headquarters-type institutions.

  Stronger and Better Service Economy

Enterprises in key areas such as professional services and whose revenue has reached a certain scale are eligible for a one-off reward, capped at 2 million yuan.

Sources: Shanghai Foreign Investment Guide 2022 and 2023, Shanghai Municipal Commission of Economy and Informatization