Fengxian District

Located in the south of Shanghai with an area of 733.38 square kilometers, Fengxian district is an important gateway to the west of the Lin-gang Special Area of Shanghai FTZ, a center in southern Shanghai and a dynamic new town in the Yangtze River Delta region. It is the only district to enjoy both the dividends of the Lin-gang Special Area and the Zhangjiang National Innovation Demonstration Zone, which has led to vigorous growth.

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Bolstered by the platforms of Oriental Beauty Valley and Future Space, the economy of Fengxian is driven by the beauty and health industry and the manufacturing of intelligent connected NEVs. During the 14th Five-Year Plan (2021-25) period, Fengxian will focus on high-quality development, promote the agglomeration of distinctive industries, enhance sci-tech innovation capacities, and continue to open up and cooperate, to pursue modernization and to become a more attractive and advanced district.

Investment Highlights

Beauty and health

NEVs and intelligent connected vehicles

Biopharmaceuticals

High-end equipment manufacturing

Modern services

Business-supporting Facilities

  Shanghai Comprehensive Industrial Development Zone

Key Buildings: Gaochuang Fengdian, Simat Science and Technology Innovation Center, Haiye Building, Yubang Building, Lvting International Building

  Shanghai Hangzhou Bay Economic and Technological Development Zone

Key Industries: Refined chemicals and new materials, biopharmaceuticals

  The Oriental Beauty Valley

Key Industries: Cosmetics, biopharmaceuticals, high-end food, automobiles, pet industries

  Shanghai Lingang Fengxian Park

Key Industries: Biopharmaceuticals, NEVs and intelligent connected vehicles, high-end intelligent equipment

Policy Support

  Industry Support

Certified enterprise headquarters at the district level are eligible for a reward of 2.5 million yuan ($350,000) according to their contributions to the District.

  Incentives for Attracting Talent

Qualified professionals whose annual income before tax surpasses 350,000 yuan are granted 1-4 percent subsidy capped at 500,000 yuan.

  Financial Support

Enterprises which are successfully listed on the main board and the SSE STAR Market are entitled for an award of up to 5 million yuan.

  Sci-Tech Innovation

Recognized technological transformation projects at the district level are eligible for a subsidy of up to 500,000 yuan.

  Entrepreneurship Incubators

Startups which set up shared platforms are entitled for a subsidy capped at 300,000 yuan for a single project.

 

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

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