Jinshan district is located in the southwest of Shanghai, and spans an area of 613 square kilometers. It neighbours the East China Sea in the east, the Hangzhou Bay in the south, and Zhejiang province in the west.

Situated in the center of the Yangtze River Delta region, the most economically dynamic Chinese city cluster, the district enjoys a distinctive geographical advantage that helps it to better synchronize the development of and accept the influence from Shanghai downtown and Zhejiang province.

It only takes about one hour's drive from Jinshan to 16 major node cities of the Yangtz River Delta region. The district with a 23.9 km coastline administers one subdistrict, nine towns, and two industrial zones, and has a population of about 820,000.

In the next five years, Jinshan district will extensively implement the strategy of Transformation of Baoshan and Jinshan districts, and develop into a significant platform for "Shanghai Manufacturing Brand", a pioneering area for supporting rural development, and a bridgehead for higher-quality integrated development in the Yangtz River Delta region. Meanwhile, the district is accelerating to build itself into a vibrant, eco-friendly and livable bay area characterized by open, innovative, smart and low-carbon development.

Investment Highlights

"1+4+X+Y" New Industry System

1: High-end and eco-friendly chemical industry

4: New materials Smart devices Life science and healthcare Information technology

X: Specialized industries, including biopharmaceuticals, unmanned aerial vehicles, carbon fiber composite materials,and new displays

Y: Producer services, including digital services, integrated services, innovative services, and the headquarters economy

Business-supporting Facilities

  Commercial Buildings

Key Buildings: Binhai Residence, Commerce and Industry Office Building, Sizhi Plaza, Guangming Dulehui Office Building, Wanda SOHO, Helong Office Building, Shanxin Office Building, Shanxin City Plaza Business Center, Jinshanwei Office Building

  Shanghai Bay High-tech Industry Development Zone

Key Industries: Three industry clusters – life science and healthcare, intelligent manufacturing, and new-generation information technology; three specialized industries – biopharmaceuticals, unmanned aerial vehicles, and new displays

  Shanghai Carbon Valley Green Bay Industry Park

Key Industries: New materials, biopharmaceuticals, energy conservation &environmental protection, and related producer services

  Fengjing Industrial Zone

Key Industries: Automobiles and key spare parts, new energy, yellow rice wine production and food processing, new textile and clothing, and related producer services

  Zhujing Industrial Park

Key Industries: Precision instruments, electronic equipment, new materials, equipment for energy conservation and environmental protection

Policy Support

  Headquarters Economy

MNC regional headquarters or headquarter-agencies relocated to or established in the district in 2022 are eligible for a lump sum reward of 1 million yuan ($140,482) by Jinshan in addition to the subsidy granted in accordance with the Administrative Measures for Developing and Using Special Funds for Regional Headquarters of Multinational Corporations in Shanghai. Foreign-invested R&D centers set up in 2022, including those established within foreign-funded enterprises, are entitled to a one-off reward of 500,000 yuan from the district.

  Foreign Investment Promotion

Qualified projects that expand investment capital and production from newly-introduced and existing foreign-invested manufacturers whose actual investment in the year reaches $10 million are eligible for a subsidy of 2 percent of the paid-in capital, capped at 3 million yuan for a single project.

  Unmanned Aerial Vehicles

Airworthiness assessment institutes are eligible for a subsidy of up to 10 million yuan for property purchase and construction;

Research institutes specializing in low-flying unmanned aerial vehicles are eligible for a subsidy equivalent to 20 percent of their investment, capped at 10 million yuan.

  Biopharmaceuticals

The R&D and innovation of new medicines are supported. Innovative medicines included into major national or municipal sci-tech projects are entitled to a subsidy of up to 10 million yuan. Outstanding enterprises which obtain medicine registration approval documents or conduct clinical trials are eligible for a subsidy of 500,000-2 million yuan.

  Carbon Fiber

Carbon fiber composite projects that have achieved breakthroughs in key areas of production equipment, process or technology are entitled to a subsidy equivalent to 5 percent–10 percent of actual investment,capped at 3 million yuan, upon recognition.

  New Displays

Research institutes specializing in new displays are eligible for a subsidy equivalent to 20 percent of their investment, capped at 10 million yuan;

The vertical integration and upgrading of industry chains in the new display industry are supported. Recognized projects which connect upstream and downstream players in key equipment, materials, and scenario-based applications, are eligible for a subsidy equivalent to 5-10 percent of their investment, capped at 3 million yuan.

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