Chongming district, located on the western coast of the Pacific Ocean with an area of 1,413 square kilometers, includes about 1/4 forest, 1/3 basic farmland and two core headwaters of Shanghai, making it a key strategic area for Shanghai’s sustainable development in the 21st century. The district is situated at the intersection of the Yangtze River Economic Belt and the coastal corridor.

It boasts convenient land and water transportation and is close to Shanghai FTZ which greatly influences and fosters development of the entire region.

During the 14th Five-Year Plan (2021-25) period, Chongming will be committed to building itself into a world-class eco-island, as an effort to become an ecological model of Shanghai in its development to a socialist international metropolis, a good example in eco-friendly development for the world-class Yangtze River Delta city cluster and the Yangtze River Economic Belt, and a national pioneer in promoting ecological progress.

Investment Highlights

Intelligent marine equipment manufacturing

Modern green agriculture

Green technology

Healthcare and wellness

Ecological and cultural tourism

Business-supporting Facilities

  Chongming Industrial Park

Key Industries: Auto parts, headquarters economy, cultural creativity

  Chongming Modern Agriculture Park

Key Industries: Agricultural park empowered by science and technology

  Shanghai Changxing Marine Equipment

Key Industries: An international highland of the marine industry, an international playground for innovative enterprises

  Shanghai Wisdom Island Data Industry Park

Key Industries: A data industry park

  Shanghai Fusheng Economic Development Zone

Key Industries: A key area for advanced manufacturing

Policy Support

  Corporate Innovation

Identified municipal or higher-level strategic alliances (industry clusters) for technological innovation and pioneering innovation projects are eligible for a grant from the district government equivalent to the fiscal subsidies from municipal or above-level authorities, capped at 1 million yuan ($139,319).

  Entrepreneurship Platforms

One-off funding of 1 million yuan will be provided for a national-level maker-space that is newly-recognized and registered (including tech incubators and innovative incubators), and 500,000 yuan for a municipal-level one.

  High-tech Companies

High-tech companies that are recognized as a Shanghai Little Tech Giant (including those under development) are eligible for a grant from the district government equivalent to the supportive subsidy from Shanghai Municipal Science and Technology Commission, capped at 1.5 million yuan.

  Listed Companies

Enterprises that settle in the Smart Island Data Industry Park after IPOs or backdoor public listings on the domestic market for the first time are eligible for a subsidy of up to 6 million yuan.

  Green Agriculture

Entities that promote order-based agriculture through regional public brands and achieve sales of 5 million yuan or above for Chongming’s high quality, inexpensive agricultural products are eligible for 200,000 yuan subsidy.

  Tourism Industry

Tourism projects that are in alignment with Chongming's tourism development direction and have a total investment of no less than 3 million yuan in fixed assets are eligible for a subsidy equivalent to 10 percent of their investment, capped at 3 million yuan.

Scan the QR code to visit the official website of Chongming district.

Sources: Shanghai Foreign Investment Guide