Minhang district, with an area of nearly 373 square kilometers, is an overlapping functional area of the Hongqiao International Hub for Opening-up, the scientific innovation center in southern Shanghai and the integrated development of the Yangtze River Delta region.

During the 14th Five-Year Plan (2021-25) period, Minhang will boost the manufacturing and service industries with the coordinated development of southern and northern zones, and facilitate the development of the district with two sub-centers of Hongqiao and Xinzhuang.

Investment Highlights

  Modern Services:

International trade

Modern finance

Cultural creativity

Sci-tech services

  Advanced Manufacturing:

High-end equipment

Artificial Intelligence

New-generation IT

Biopharmaceuticals

Business-supporting Facilities

  Hongqiao International Central Business district (Minhang)

Development Highlights: The CBD is home to Hongqiao Integrated Transportation Hub, a global super transportation pivot, and focuses on the development of headquarters business, modern finance, cultural creativity, and technology services.

  Qibao Ecological Business Zone

Development Highlights: With a priority on culture, internationality and ecology, it is one of the 25 modern service industry clusters in Shanghai. There are altogether nine plots, hosting six high-quality business office projects such as China Resources and Vanke.

  Xinzhuang Business Zone

Development Highlights: With a planned floor area of 1.86 million square meters, it aims to become a cluster of the IC industry, combining the functions of headquarters offices, R&D and innovation, SOHO apartments, comprehensive business, conferences and forums, and high-end hotels.

  South Business Zone

Development Highlights: The Zone is committed to building itself into "Shanghai's Southwest Comprehensive Business Zone" characterized by new complex business models, and becoming a comprehensive zone of commerce, business, leisure, entertainment and residence.

Policy Support

  Headquarters Economy

Newly introduced or certified regional headquarters and headquarter-agencies of MNCs in Shanghai are eligible for a lump sum incentive of up to 6 million yuan ($842,892) and an office space purchasing (renting) subsidy of 10 million yuan.

  Biopharmaceuticals

Municipal government-approved projects for core technological breakthroughs, key specialized service platform development and major product commercialization in the field of biopharmaceuticals, as well as key emerging strategic commercialization projects in Shanghai, are eligible fora grant at an amount equivalent to half of that provided by the municipal authority, capped at 10 million yuan.

  International Commerceand Trade

A lump sum incentive of up to 5 million yuan will be given to newly introduced key international commerce and trade enterprises with business registration and tax registration in the district.

  Sci-Tech Innovation

Incentives for major industry technological breakthroughs: A grant of 0.8–1 million yuan will be given to an evaluated and approved project who has core independent IPRs, and whose R&D spending is no less than 5million yuan and cumulative sales is no less than 10 million yuan during the implementation period.

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