Qingpu District
Qingpu district, situated in the west of Shanghai and covering an area of 668.54 square kilometers, is one of the districts with the best natural ecology in the city and is renowned as "a glorious pearl in the upper reaches of the Huangpu River". Qingpu is a national demonstration zone for the express industry transformation and also the permanent venue of the annually organized CIIE.
During the 14th Five-Year Plan (2021-25) period, Qingpu will step up efforts to contribute to building a new development pattern, driving the domestic economy and connecting it with international markets, thus leading the development of the Yangtze River Delta demonstration zone and further facilitating the implementation of the "One Core and Two Wings" strategy.
Investment Highlights
Big digital
Big commerce and trade
Big health
Business-supporting Facilities
Qingpu Industrial Zone
Key Industries: AI, high-end equipment, biopharmaceutical, fast moving consumer goods, new materials, producer services.
West Hongqiao Business District
Key Buildings: National Exhibition and Convention Center (Shanghai), Hongqiao World Center, Zhongjian Jinxiu Plaza, Lanyun Cultural Center, Donglong Building.
Zhaoxiang Commercial and Business Zone
Leading Projects: Outlets Plaza, Greenland Hongqiao Smart Port, Mega Mills, Hyatt House Shanghai New Hongqiao.
Policy Support
Headquarters Economy
Certified headquarters can receive a subsidy of up to 5 million yuan ($702,410) for establishment and operation, which will be dispersed over three years based on designated proportions.
Technical Centers
An incentive of 200,000 yuan will be granted to enterprises accredited as district-level technical centers.
Incentive Policies for Attracting Talent
Excellent professionals are eligible fora housing allowance of 5 million yuan and unlimited incentives.
Financial Support for Newly Established Foreign-invested Companies or Those with Increased Investment
Newly established foreign-invested companies specializing in advanced manufacturing and modern service industries, are entitled to grants of 50,000 to 5 million yuan based on theamount of registered capital, provided that the subscribed registered capital is at least $1 million.
Subsidies for Cross-border E-commerce
Newly established companies specializing in cross-border e-commerceare entitled to a grant of 5 percent of their paid-in capital, provided that the registered capital reaches 5 million yuan. Nationally and globally leading companies are eligible for special preferential policies. Qualified enterprises are eligible for a subsidy equivalent to 50 percent of their annual rent, capped at 1 million yuan, which will be dispersed over three years.
Scan the QR code to visit the official website of Qingpu district.
Sources: Shanghai Foreign Investment Guide 2022 and 2023,Shanghai Municipal Commission of Economy and Informatization