Yangpu district is located in the northeast of downtown Shanghai, with a total area of about 60.61 square kilometers. It is rich in science and education resources, home to 10 universities and colleges including Fudan University and Tongji University, and more than 100 research institutes. It is recognized as one of the first National Innovative Pilot Cities (Districts), a major base for Shanghai's Sci-Tech Innovation Center initiative and one of the first national demonstration entrepreneurial and innovative bases.

It has attracted many Fortune Global 500 companies and leading enterprises such as Siemens, Continental, Nike, Henkel, Bilibili and Bytedance. There are now more than 8,000 technology enterprises and 1,100 certified high-tech enterprises in the district.

In the 14th Five-Year Plan (2021-25) period, Yangpu will pursue people-centered urban development, and leverage its four advantages of strategic opportunities, university cluster, space carriers and vibrant entrepreneurship and innovations, to build a leading district centered on people and excellent in sci-tech innovation, social governance and ecological environment. Focused efforts will be made to build four functional areas, namely Yangpu Waterfront, Dachuangzhi Innovation and Development Demonstration Zone, Big Innovation Valley and Tongji University Ring Intelligent Industry City.

Investment Highlights

  Five Leading Industries:

AI

Blockchain

Industrial internet

Location-based services

Digital culture

  Five Advanced Industries:

Modern design

Low-carbon development

Technology services

Fitness and health

NEVs and intelligent connected vehicles

  Two Basic Industries:

Commerce and trade services

Urban industry

Business-supporting Facilities

  Yangpu Waterfront:

Key Buildings: Everbright Anshi Center, Oriental Fisherman's Wharf, Poly Greenland Plaza, Unicom Tower, C&D International Tower, Shanjin Poly Financial Plaza, China Enterprise Riverside Wisdom Plaza, Riverside International Plaza.

Key Zones: National University Science Park of University of Shanghai for Science and Technology, Science Park of Shanghai Ocean National University.

  Dachuangzhi Innovation and Development Demonstration Zone:

Key Buildings: The Springs Center, Hopson One, Innov Center.

Key Zones: Shanghai Wujiaochang High-tech Industrial Park, Knowledge and Innovation Community, Bay Valley Science and Technology Park, Shanghai Yangpu Science and Technology Entrepreneurship Center.

  Big Innovation Valley:

Key Zones: Chang Yang Campus, Internet Treasure Land, Fudan Software Park, City Concept Creative Park.

  Tongji University Ring Intelligent Industry City:

Key Zones: National University Science Park of Tongji University, National University Science Park of Fudan University, National University Science Park of Shanghai University of Finance and Economics.

Policy Support

  Headquarters Economy

Newly introduced or newly established regional headquarter enterprises will be given a start-up subsidy of up to 5 million yuan ($702,410) according to their revenue scale; for regional headquarter enterprises renting office space in Yangpu district, a rental subsidy of up to 5 million yuan will be provided within three years.

For newly introduced or newly established R&D center enterprises, a rental subsidy of up to 1 million yuan will be provided within three years.

  High-tech Industries

Innovative "Little Giant" enterprises will be funded by the district with 1 million yuan. The fund will be appropriated in two installments, i.e., after the project approval and after the acceptance, at a proportion of 50 percent each time.

  Techfin

Newly introduced or established investment management enterprises will be given a subsidy of up to 2 million yuan for purchasing and renting office spaces for their own use.

  Online New Economy

Newly introduced iconic and demonstrative enterprises which, for example, drive digital transformation and upgrading of various industries, or facilitate the R&D of new core technology of industrial chips, or newly introduced (newly identified) online new economy enterprise headquarters will be given a start-up subsidy and an office space subsidy, capped at 15 million yuan.

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