Putuo district, with an area of 55.53 square kilometers, ranks first among all downtown districts in Shanghai in terms of available land, total volume of buildings to be developed and Suzhou Creek frontage.

During the 14th Five-Year Plan (2021-25) period, Putuo will dedicate itself to building an ecologically livable zone along the Suzhou Creek, and developing into an international innovation cooperation center, a headquarters cluster of innovative enterprises involved in the integrated development of the Yangtze River Delta region, and a new growth pole of Shanghai’s Sci-Tech Innovation Center initiative.

Investment Highlights

  Four Key Industries:

Intelligent software

Techfin

R&D services

Life science and healthcare

  Modern Service Industries:

Modern commerce and trade

Professional services

Business-supporting Facilities

  Major Buildings

Key Buildings: Shanghai GlobalHarbor, Pinzun International Plaza, TOP Plaza, CITIC Pacific Center, Upper West Shanghai, Guoco Changfeng City, Guosheng Financial Center.

  China-Israel (Shanghai) Innovation Park

Key Industries: AI and robotics, healthcare and life science, Internet and information technology.

  Shanghai Universal Software Park & Huada Science and Technology Park

Key Industries: Big data and Internet+, intelligent manufacturing and robotics, animated cartoon &games, film & TV, techfin.

Policy Support

  Headquarters Economy

A one-off subsidy of up to 2 million yuan ($280,964) to newly certified MNC regional headquarters which have an investment nature or undertake management functions.

  Sci-Tech Innovation

A subsidy of up to 1.5 million yuan from the district to enterprises recognized as Shanghai Hi-tech “Little Giants” (under development);

A subsidy of up to 1 million yuan to those recognized as innovation “Little Giants” at the district level.

  Talent Development

A grant of up to 1 million yuan to talent who start a business;

A reward of up to 500,000 yuan to human resource service agencies, consulting agencies and venture capital investment agencies for talent recommendation.

  Intelligent Software

A subsidy of up to 5 million yuan for enterprise establishment;

Rental allowance of up to 3 million yuan for decreasing corporate operation cost- Financial support of up to 5 million yuan for key technology breakthroughs.

  R&D Services

A grant of up to 5 million yuan to outstanding enterprises which launch branches in the district.

  Fintech

A subsidy of up to 30 million yuan for enterprise settlement;

A subsidy of up to 10 million yuan for office space purchasing.

  Life Science and Healthcare

A grant of up to 5 million yuan for enterprise establishment;

A subsidy of up to 3 million yuan for office space purchasing or renting.

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