The 15th Five-Year Plan of Shanghai Municipality for the Service Industry Development

With a view to expanding the capacity and improving the quality of the Municipality's service industry, promoting its high-quality and efficient development, and enabling it to better serve as the principal engine of economic development, this Plan is formulated in accordance with the Outline of the 15th Five-Year Plan of Shanghai Municipality for the National Economic and Social Development.

I. Overall Objectives

We shall adhere to the guidance of Xi Jinping Thought on Socialism with the Chinese Characteristics for a New Era, thoroughly implement the guiding principles of the 20th CPC National Congress and all the plenary sessions of the 20th CPC Central Committee, and thoroughly study and implement the guiding principles of General Secretary Xi Jinping's important speeches delivered during his inspection tours of Shanghai and the requirements set out in his important instructions on Shanghai's work; focus on accelerating the development of Shanghai's Five Centers and give prominence to demand-driven development, reform breakthroughs, innovation-driven development, and opening up and cooperation; with high-level institutional supply and technological empowerment as the driving forces, the cultivation of high-caliber entities as the support, and the efficient allocation of factors of production as the safeguard, strive to shape new global competitive advantages, foster new drivers of digital and intelligent development, and unleash new vitality for renewal and quality enhancement; and comprehensively enhance the global reach and international competitiveness of Shanghai Services.

By 2030, marked progress shall have been made in optimizing the service-sector structure, fostering new growth drivers, and improving quality and efficiency; the sector's levels of digitalization and intelligence, standardization, integration, and internationalization shall continue to rise; the value added of the service industry shall reach approximately six trillion yuan; and a new high-quality and highly efficient service-sector system shall have largely taken shape; with the city's high-level core service functions providing the strategic direction, high-end producer services constituting the mainstay, and high-quality consumer services providing the support, Shanghai's service industry shall have been developed into both a higher-capacity "resilient foundation" for economic growth and a "vibrant hub" with greater reach in the global allocation of service resources.

II. Key Tasks

During the 15th Five-Year Plan period, we shall follow a tiered and category-specific approach to developing Shanghai's service industry, and uphold the principles of placing equal emphasis on capacity expansion and quality enhancement, and coordinating development with regulation; focus on enhancing the city's core service functions through the development of the Five Centers; focus on developing producer services oriented toward fostering new drivers of industrial upgrading and consumer services oriented toward unleashing new vitality in the domestic demand; give due attention to forward-looking planning for emerging growth tracks in the service industry and expand the space for future growth; and comprehensively build a new modern service-sector system led by new quality productive forces and characterized by high quality and efficiency.

1. Continuously Enhancing the City's Core Service Functions Through the Further Development of the Five International Centers

(1) Striving to Expand the High-Quality Supply of Financial Services

We shall strengthen the financial infrastructure and multi-tiered financial markets, expand the global network coverage of the Cross-Border Inter-bank Payment System (CIPS), and support the development of a transaction repository for the inter-bank market; further implement the reform of the registration-based system for stock issuance and improve the regular delisting mechanism; further develop the markets for the Belt and Road bonds, Panda Bonds, and Yulan Bonds; promote product innovation in the futures and derivatives markets and advance a pilot program for renminbi foreign-exchange futures trading; and further advance the pilot program for the registration of trust property.

We shall raise the level of financial-market opening up and the international competitiveness of financial services; further advance the comprehensive reform pilot program for offshore-trade financial services in the Lin-gang Special Area; continuously strengthen the functions of the key centers for international reinsurance and global asset management; enhance the international influence of "Shanghai prices," "Shanghai indices," and the futures and spot prices of major commodities and important energy products; and expand the functions and application scenarios of the Free Trade Accounts (FTAs).

We shall improve the quality and efficiency of financial services for the real economy; accelerate the development of a full-life-cycle, diversified, and relay-style sci-tech finance service system; promote the application of green-finance standards and the relevant sustainable-finance standards across multiple fields; strengthen support through policy-backed financing guarantees and inclusive insurance systems and actively develop inclusive finance; diversify pension-finance products and enhance the age-adapted level of financial services; and steadily develop the digital renminbi and enhance fintech innovation services.

(2) Continuously Strengthening the Trade's Function of Linking up with the Global Markets

We shall attract and cultivate high-caliber trading entities, further implement the Global Trader Initiative, and develop a group of enterprises with proprietary trading brands and trade-oriented headquarters; encourage the enterprises capable of organizing domestic and international supply chains to establish global supply-chain management centers in Shanghai; and cultivate the commodity traders with integrated service capabilities in procurement, distribution, processing, storage, and delivery.

We shall optimize the functions of the national bases for foreign-trade transformation and upgrading and upgrade the development level of the demonstration zones for the promotion and innovation of import trade.

We shall accelerate the development of new forms of trade and promote innovation in trade in services, digital trade, cross-border e-commerce, and offshore trade.

We shall create bonded digital application scenarios, develop national demonstration zones for the innovative development of trade in services, strengthen the radiating and driving role of the national specialized service-export bases, and support the Shanghai Eastern Hub International Business Cooperation Zone (IBCZ) in exploring innovation in trade in services.

We shall upgrade the global resource-allocation capabilities; encourage commodity trading service platforms to diversify their business categories and expand their service functions, and promote interaction among commodity futures, spot, and derivatives markets.

We shall continue to improve the integrated overseas service system, upgrade the comprehensive service platform for enterprises going global, and make every effort to build up Shanghai's going-global service brand. We shall further develop the China (Shanghai) International Trade Single Window and optimize its smart service functions.

(3) Vigorously Upgrading the Functional Capacity of High-End Shipping Services

We shall strengthen the global reach of seaports and airport hubs, accelerate the planning and construction of infrastructure in Yangshan, Luojing, and other port areas, and optimize the multimodal collection and distribution networks in the Lin-gang Special Area and Waigaoqiao; scale up international transshipment and consolidation, diversify mixed-loading models across business formats, and optimize the "coordinated cargo receipt and discharge" model; build the Oriental Hub-Shanghai East Railway Station with high standards, develop "aviation plus" multi-modal transport, and improve the high-quality business-route networks of Pudong International Airport and Hongqiao International Airport.

We shall promote high-standard development of the shipping service industry, further develop and strengthen shipping-insurance operation centers in Shanghai, and support the development of finance leasing in the shipping sector; advance the development of foreign-related maritime ad hoc arbitration and establish a specialized maritime appraisal center; and attract and foster international and national-level professional shipping organizations and functional institutions to cluster and develop in Shanghai.

We shall accelerate the digital and intelligent transformation of shipping, expand the application of the International Container Transport Service Platform, further develop the Aviport platform, continuously advance the development of smart waterways, and expand the application of the Shipping and Trade Chain.

We shall promote the green transformation of shipping, accelerate the development of an international shipping green-fuel bunkering center and trading center, improve the service systems for green-shipping technology R&D and vessel energy-efficiency management, actively participate in developing China's independently developed certification system for sustainable international-shipping fuels, and steadily advance cooperation with the international ports to jointly develop green shipping corridors.

(4) Comprehensively Enhancing the Sci-Tech Innovation Service Functions

We shall strengthen the support from major scientific and technological infrastructure and strategic scientific and technological forces, promote the efficient opening and sharing of major scientific and technological infrastructure, support higher education institutions, research institutes, and enterprises in actively undertaking major national scientific and technological tasks, and develop high-level institutions and platforms such as the national laboratories; implement the Global Science and Technology Partnership Initiative and plan and develop the Belt and Road joint laboratories; optimize operating mechanisms and management systems and advance the development of strategic, high-level new-type R&D institutions.

We shall enhance the efficiency of the transfer and commercialization of scientific and technological achievements, improve the system of public sci-tech service platforms, and innovate the operating models of high-level proof-of-concept platforms, pilot-scale testing platforms, and high-quality incubators, leverage the role of the National Eastern Tech-Transfer Center and the Shanghai Technology Exchange, develop efficient, well-regulated, fair, and open markets for technology as a factor of production, and plan and develop sci-tech service clusters.

We shall deepen the institutional reform of sci-tech services, further develop the Basic Research Pioneer Zone, and continue to implement the Explorer initiative; advance the reform of sci-tech program administration and strengthen market-oriented mechanisms for identifying and discovering projects; deepen the reform of the property-rights system for scientific and technological achievements, promote the model of "full empowerment plus contract-stipulated revenue," and improve both the accountability-exemption system for due diligence and the separate asset-management system for on-the-job scientific and technological achievements. We shall improve support mechanisms for sci-tech finance such as sci-tech credit and sci-tech insurance.

2. Strengthening the Enabling Effect of Producer-oriented Services and Fostering New Driving Forces for Industrial Upgrading

(1) Accelerating Innovation in Information Services

We shall improve the level of software R&D and application, and implement tiered incentive policies for high-quality enterprise cultivation, small and medium-sized enterprise capacity-building, and micro and small enterprise growth.

We shall improve the performance of the basic software including operating systems, databases, and utility software; strengthen the supply of industrial software for computer-aided design, computer-aided analysis, and product life-cycle management; advance cloud-based deployment; and encourage the development of native-AI software for intelligent assistants, smart office applications, and smart entertainment.

We shall expand the online new economy and strengthen the competitive business formats such as consumer-oriented internet services, social e-commerce, and video-based cultural community platforms. We shall upgrade the capacity of the service platforms for bulk commodity trading, industrial-products e-commerce, and industrial digital-transformation.

We shall promote the innovative development of cross-border e-commerce and live-streaming e-commerce. We shall strengthen the foundational support for the emerging business formats of Artificial Intelligence (AI) Plus, optimize the deployment of computing-power facilities, and strengthen computing-voucher support and the inclusive supply of intelligent computing power.

We shall support the development of generic-technology platforms for information services, industrial services, and other fields, provide resource-sharing services including algorithm libraries, tool-chains, testing and verification environments, and other resources. We shall cultivate data service providers and promote the development of demonstration scenarios of Data Element X in the key industries and fields.

(2) Expanding New Space for the Development of Professional Services

A. Improving the Quality and Efficiency of Professional Business Services

We shall develop a world-class legal-services hub, optimize the development of a matrix of law-firm brands, support the development of legal technology, build up well-known brands for foreign-related legal services, and expand overseas legal-service networks. We shall support Pudong New Area in further developing itself as the core carrier of the Shanghai International Legal Services Center, raise the development level of Hongqiao International Central Legal Services Zone, and encourage and support Jing'an, Xuhui, and other districts to build their high-land legal-services clusters.

We shall improve the consulting and survey services, encourage the local consulting and survey service institutions to achieve large-scale development and build up their strong brands, support the technological empowerment of the consulting services, encourage the institutions to expand into new fields such as health consulting and environmental, social and governance (ESG) consulting, and support the development of new-type think tanks with close integration of the government, industry, academia, research, and end-users.

We shall upgrade the capacity of the accounting and auditing services, support the accounting firms in growing stronger and larger through restructuring, business expansion, joining international accounting networks and other means, and encourage innovation in auditing technologies and service models suited to the emerging economic forms such as the digital economy and the sharing economy.

We shall develop new forms of digital advertising, deepen the integrated empowerment of "AI plus digital advertising," support the R&D of advertising agents and the creation of benchmark scenarios, and better leverage the resource-linking functions of industry event platforms such as the Shanghai International Public Service Advertising Competition and the Shanghai International Advertising Festival.

We shall improve the quality and efficiency of human-resources services, support the human-resources service providers in expanding into high-value-added business formats, strengthen their cooperation with public employment service platforms, better leverage their role in promoting employment, and enhance the role of the national-level human resources service industrial parks in leading the development of the human resources service industry.

We shall optimize and strengthen credit services, support the development and application of credit data, expand the supply of credit-service scenarios and their application in government administration, market transactions, social governance, the credit economy, and other fields, and cultivate the credit-service institutions with competitive brands.

B. Strengthening the Core Competitiveness of Professional Technical Services

We shall strengthen the capabilities in inspection, testing, and certification services; focus on the key fields within high-end manufacturing and cultivate leading enterprises in the inspection, testing, and certification sector; deploy and build a number of national- and municipal-level platforms, including quality inspection and testing centers and industry metrology and testing centers, for strategic emerging industries; and advance pilot programs for the mutual recognition and international acceptance of inspection, testing, and certification results.

We shall cultivate advantages in intellectual-property services, improve the system for intellectual property value-evaluation, support intellectual-property pledge financing and transactions, further advance the pilot program for data intellectual-property registration, and improve the central-local collaborative examination model; facilitate the whole-chain circulation and utilization of data products covering intellectual-property registration, pricing, trading, and rights-and-interests protection, and support Pudong New Area and Xuhui District in developing high-quality national intellectual-property protection hubs.

We shall deepen the development of logistics and supply-chain service systems and continuously improve the efficiency and service levels of port logistics, manufacturing-industry logistics, urban distribution, and express-delivery logistics. We shall encourage the logistics enterprises to extend their operations both upstream and downstream in an integrated manner and expand supply-chain management services, and support the leading enterprises and industry-chain leaders in integrating supply-chain service functions. We shall support new smart-logistics and warehousing business formats, including low-altitude logistics, unmanned delivery, smart cloud warehouses, and dark warehouses.

We shall strengthen the networks of key infrastructure, including logistics hubs, backbone cold-chain logistics bases, and overseas warehouses; encourage the development of high-end business formats such as supply-chain finance, international logistics consulting, cross-border compliance services, and green supply-chain certification. We shall expand the green and low-carbon service chain, cultivate a market for specialized green and low-carbon services, cultivate and develop internationally influential institutions for product carbon-footprint accounting, evaluation, and certification, further develop and strengthen the Yangtze River Delta Carbon Footprint Certification Center, and increase the brand influence of the Shanghai International Carbon-Neutral Expo in Technologies, Products and Achievements.

C. Speeding up New Breakthroughs in Improving the Quality of Industrial Services

We shall accelerate the integrated development of services and manufacturing; encourage the enterprises in nuclear-power equipment, automobiles, civil aviation, shipbuilding and offshore engineering, and other fields to develop digital platforms and extend into the services such as R&D and design, brand marketing, supply-chain management, and intelligent operations and maintenance; encourage the R&D institutions, design enterprises, and internet platforms to extend into production and manufacturing, support them to develop new models such as flexible manufacturing, shared manufacturing, full life-cycle management, and product-service integration, and support the general integration and general contracting enterprises in establishing overseas R&D and design centers and branches.

We shall make concerted efforts to foster services for the digital and intelligent transformation of industry and, with a focus on such fields as industrial corpus data, intelligent computing clouds, model platforms, the development and application of AI agents, and embodied intelligence, cultivate a group of digital transformation service providers; encourage the development of cross-industry and cross-domain industrial-internet platforms and promote coordinated development of the industrial-internet platforms at industry, industrial-park, and enterprise levels and lightweight industrial applications.

We shall actively build new strengths in industrial design, enhance design-service capabilities in such fields as integrated circuits, new energy vehicles, intelligent terminals, and fashionable consumer goods, further implement the Meta-Innovation Future Initiative, and vigorously develop new service models such as intelligent design, crowd-sourced and co-innovative design, interaction design, and network-enabled collaborative design.

3. Promoting the Renewal and Upgrading of Consumer-oriented Services and Unleashing New Vitality in Service Consumption

(1) Deepening Integrated Linkages Among Culture, Commerce, Tourism, Sports and Exhibitions

We shall enhance the influence of the cultural industries, and support major programs and projects relating to Red culture, Shanghai-style culture, and Jiangnan culture; give priority support to the development of industries such as film and television production, art trading, performing arts, esports, tourism, sports, online culture, and creative design, and develop a number of reputable, high-quality local service brands; foster innovative development of new forms of digital culture, cultivate technology-integrated cultural and creative brands, support Huangpu and Yangpu Districts in accelerating the development of the new high-ground for agglomeration of high-quality online content creation, and support Songjiang District in further advancing the development of the Shanghai Science and Technology Film City.

We shall upgrade commercial and trade services, promote the transformation and upgrading of the traditional commerce and trade, and foster innovative development of the new format business such as live-streaming e-commerce and instant retail; build Shanghai into a global hub for new-product launches, encourage the development of a new "IP + consumption" model, cultivate local consumer-goods brands, and amplify the driving effects of major consumption festivals and exhibitions such as the 5・5 Shanghai Shopping Festival and themed consumption seasons; upgrade and develop the 15-minute community life circles, and improve the convenience of neighborhood retail and consumer services.

We shall further unlock the potential of tourism consumption, develop a comprehensive citywide tourism product system, accelerate the development of the world-class waterfront areas along the One River, One Creek, and foster innovative development of themed tourism, including theme-park tourism, Red tourism, industrial tourism, science-popularization tourism, cruise tourism, and rural tourism; support innovative demonstration projects for the culture-tourism meta-verse and develop smart cultural and tourism service scenarios; advance the integrated development of public tourism services and urban public services.

We shall stimulate the vitality of the sports market, strengthen the matrix of domestic and international brand-name sports events, promote the integration of sporting events with exhibitions, support copyright trading of the local-brand sports events, and support the development of sports services, including sports media, sports agency and brokerage services, sports insurance, sports conventions and exhibitions, and sports tourism; further advance the national pilot-city initiative for sports consumption.

We shall enhance Shanghai's capacity as an international convention and exhibition hub and continue to successfully host the major convention and exhibition events, including the China International Import Expo; deepen the cooperation with international convention and exhibition organizations, attract and bring together high-profile convention and exhibition events and enterprises, and support the development of brand-name conventions and exhibitions with international influence.

We shall promote cross-sector integration and linkages among culture, commerce, tourism, sports, and exhibitions, create new "one-stop" platforms linking these five sectors, develop interlinked consumption models based on the "ticket-stub economy," enhance the convenience of services for inbound consumption on multiple fronts, efficiently coordinate the use of venue resources, and expand multifunctional spaces for experiential consumption.

(2) Enhancing the Professionalism of Healthcare and Education Sectors

We shall accelerate the development of the medical and healthcare services sector, develop a number of internationally influential medical centers and key clinical disciplines, and promote the standardization, inter-hospital sharing, and mutual recognition of clinical data; enhance the capacity to provide distinctive traditional Chinese medicine (TCM) services and develop "Shanghai-Style TCM" as an international service brand; cultivate a number of internationally competitive medical-tourism service brands and support the social forces in establishing and operating institutions that provide distinctive medical and healthcare services; integrate high-quality medical training resources and develop a new global platform for medical-device exhibitions and training services; and innovate and enrich medical and health insurance service products.

We shall promote the professional upgrading of education and training, advance reforms for industry–education integration and collaborative talent development, and optimize the arrangement of academic disciplines and curriculum systems of the educational institutions; strengthen large-scale training both for the various categories of professional-service personnel and in vocational skills, and deepen innovation in "order-oriented" training models. We shall support the innovative and well-regulated development of online education.

(3) Accelerating the Quality Upgrade of Elderly Care and Childcare Services

We shall promote the high-quality development of the silver economy, encourage the social forces to invest in the professional elderly care institutions, promote the diversification of elderly care service models, including embedded community-based elderly care and home-based elderly care, advance the integration of medical and elderly care services, strengthen the supply of skilled personnel for elderly care services, advance the development of smart elderly care facilities and technology application scenarios, support the development of services in such areas as bathing assistance, accompaniment to medical appointments, age-friendly renovation, and rental of rehabilitation assistive devices, optimize the long-term care insurance mechanism, and support well-regulated innovation in the products for personal pensions, third-pillar commercial endowment insurance, and pension wealth management.

We shall develop a diversified, high-quality childcare service system, promote the coordinated development of preschool education and childcare services, explore coordinated development among childcare services, early childhood education, and health-management services for infants and toddlers, support the development of new childcare settings, including community-based childcare, employer-sponsored childcare, and childcare in office buildings, strengthen the cultivation and training of childcare professionals, and improve the evaluation and monitoring system and the framework for routine supervision of childcare institutions.

(4) Building a Diversified Network for Domestic Services and Catering

We shall promote the high-quality development of domestic services and raise their levels of professionalism, standardization, and regulatory compliance; with a focus on transformation of the domestic-service enterprises to those with an employee-based system, foster the leading domestic-service enterprises that can serve as industry models; optimize the functions of the Shanghai Domestic Services Management Platform and improve the training system for the domestic-service personnel; guide the enterprises in introducing insurance mechanisms and strengthen occupational protections for their domestic workers.

We shall promote improvements in the quality and efficiency of accommodation and catering services, support the well-known domestic and international catering enterprises in opening their first outlets in Shanghai, and develop distinctive culinary districts and culinary landmarks; encourage the accommodation providers to improve the quality of their operating premises and the efficiency of their management and services, and cultivate a number of mid-to-high-end accommodation service brands.

We shall support the development of diverse business formats, including themed hotels, homestays, and motels.

4. Making Forward-Looking Plans for Emerging Service Tracks and Fully Tapping New Potential for Future Development

(1) Further Developing New Services Based on Intelligent Technologies

AI software technologies and services. We shall vigorously develop generative artificial intelligence technologies, focus on facial and image recognition, augmented reality and virtual reality (AR/VR) technologies, intelligent transportation, smart logistics, online education, energy, and other fields, and develop an industry cluster for AI software technologies and services.

"AI+" R&D. We shall focus on bio-medicine, new materials, new energy, and other fields, intensify efforts to achieve technological breakthroughs, strengthen data management, and reinforce institutional safeguards.

Embodied intelligence services. We shall support the development of complete robot products for application in homes, elderly care, culture and tourism, commerce, and other settings, and accelerate the advancement of robots from the execution of specific tasks toward general intelligence and refined service functions tailored to specific scenarios.

Intelligent computing cloud services. We shall strengthen intelligent computing cloud networks with computing, network-transmission, and storage resources deployed in coordination, advance integrated innovation in AI technologies and cloud computing, and promote model-as-a-service (MaaS).

Cloud platform services. We shall develop a number of benchmark "AI+" service scenarios in the vertical sectors, including finance, healthcare, and culture and tourism.

AI agents. We shall support the development and application of multi-modal AI agents, and promote the large-scale application of tools for intelligent customer service, intelligent operations, and intelligent decision-making.

Intelligent driving. We shall advance the application of intelligent driving across multiple scenarios in an orderly manner, including shared mobility and logistics transportation.

Smart homes. We shall develop smart-home facilities capable of comprehensive sensing and intelligent control, as well as customized end-user services, to meet the scenario-specific service needs in elderly care, child-rearing, work, entertainment, and other settings.

(2) Accelerating Innovation in New Life and Health Services

Targeted drugs. We shall accelerate the R&D of targeted drugs for complex and rare diseases, and raise the standard of precision treatment services.

Digital healthcare. We shall promote technical research on AI-assisted diagnostic technologies, develop intelligent systems covering scenarios such as imaging diagnosis, pathological analysis, chronic-disease management, and clinical decision-making, and promote the application and wider adoption of digital therapeutics in the appropriate fields.

Brain-computer interfaces. We shall give priority to advancing the R&D, clinical translation, and service innovation of brain-computer interface technologies in such fields as neurodegenerative diseases, rehabilitation for motor impairments, and functional compensation for the persons with disabilities.

Cell and gene therapy. We shall promote the establishment of a standardized, large-scale, and well-regulated system for the preparation and quality control of cell and gene therapy products, and develop integrated services extending from cell storage and technology R&D through to clinical treatment.

Mental health services. To meet the needs for mental health guidance for adolescents, emotional companionship for older persons, counseling for workplace stress, and family relationship mediation, we shall support the development of mental health services such as AI-enabled psychological assessment, AI-assisted counseling, virtual companionship, drama therapy, and mindfulness meditation.

(3) Expanding the Layout of New Experience-Economy Services

Immersive cultural tourism. We shall, by coordinating with Shanghai's landmark destinations that integrate culture and tourism, develop projects such as scripted entertainment, scenario-based theaters, live performances staged in real-world settings, and virtual reality experiences, and develop new models of immersive cultural-tourism consumption, including highly interactive experiences and scenario-based role-playing.

IP-based consumption. We shall, by focusing on the key fields including the cultural and creative industries, sports, and culture and tourism, cultivate and develop a batch of Shanghai-based IP brands with nationwide influence, and expand the portfolio of IP-derived products, including trading cards and trendy toys.

III. Spatial Layout

We shall make overall plans for the industrial layouts of the national-strategy-bearing regions, key functional areas, and competitive industrial tracks of all districts. By adopting the measures tailored to the local conditions and promoting the coordination and linkage, we shall strive to build a service-industry spatial development pattern comprising One Core, Two Wings, Three Belts and Multiple Areas (1+2+3+N).

1. One Core as the Growth Driver

The One Core refers to the high-level, high-density service-industry functional hub in the Central Activity Zone.

We shall prioritize the development of modern service industries such as the headquarters economy, international finance, professional services, modern commerce and trade, cultural and creative industries, urban tourism, information services, and science and technology services.

We shall support Pudong New Area, Xuhui District, Jing'an District, and other districts in further building their well-recognized professional service brands. We shall burnish the brand of East Nanjing Road as a world-class commercial street and upgrade the functional level of the West Nanjing Road commercial circle.

We shall develop the Shanghai International Jewelry Fashion Functional Zone and the Yangpu Digit-Driven New-Quality Innovation Belt, and increase the concentration of industrial internet innovation in Shanghai Silicon Alley.

2. Two Wings for the Radiation-Driven Development

The "Two Wings" refer to the Lin-gang Special Area and the Oriental Hub International Business Cooperation Zone on the East Wing, and the Hongqiao International Central Business District and the Demonstration Zone for Eco-Green Integrated Development of the Yangtze River Delta on the West Wing.

On the Two Wings, we shall, by placing emphasis on linkages between service functions within and beyond these areas, build them into the radiation hubs for deeper opening-up, reform, and innovation in the service industry.

For the East Wing, we shall further enhance the service functions in offshore finance, shipping services, new forms of trade, the bonded economy, and other fields in the Lin-gang Special Area, build the Lin-gang International Data Processing Hub, and develop the area into a special economic functional zone with greater international competitiveness; within the Oriental Hub International Business Cooperation Zone, we shall foster innovative development of high-end, internationally-oriented business, convention and exhibition, training, professional and other services, and create a new platform connecting the global services markets.

For the West Wing, within the Hongqiao International Central Business District, we shall cultivate high-caliber headquarters economy, high-flow trade economy, and convention and exhibition economy with great spillover effects; within the Eco-Green Integrated Development Demonstration Zone of the Yangtze River Delta, we shall develop high-end service industries including modern logistics and supply-chain services, green finance, and "AI+" healthcare.

3. Three Belts for the Linked-up Development

The Three Belts refer to the Charming Riverside Service Belt, the Vibrant Suzhou Creek Service Belt, and the Dynamic Innovation-driven Service Belt.

The Charming Riverside Service Belt shall coordinate its development with that of the world-class waterfront area and the functional sections along the Huangpu River, and support Pudong New Area, Huangpu District, Xuhui District, Hongkou District, Yangpu District, Minhang District, Baoshan District, and other districts in developing service functions with distinctive features of their own.

The Vibrant Suzhou Creek Service Belt shall coordinate its development with that of the Suzhou Creek Waterfront Cultural and Economic Belt and the major north–south urban corridors, amplify the reach of services through collaborative innovation and innovation-led quality improvement, enhance the service functions of the waterfront central activity zone in the Suhewan Functional Area, and burnish the Half Marathon Suzhou Creek brand for waterfront culture, tourism, and sports services.

The Dynamic Innovation-driven Service Belt shall connect with Lujiazui along the Century Avenue axis, link up the innovation-source functional axis running through Zhangjiang Science City, the Shanghai International Tourism Resort, and Pudong International Aviation City to the Dishui Lake area in Lin-gang, so as to raise the level of services in science and technology innovation, emerging finance, information services, trade, shipping, and other fields.

4. Multiple Areas for the Coordinated Development

We shall enhance the supporting and enabling capabilities of the service industry in the Five New Towns.

With a focus on advanced manufacturing and science and technology innovation, we shall strengthen support from producer-oriented services; drawing on distinctive cultural and tourism resources, strengthen the provision of livelihood-oriented services; and promote the functional upgrading of regional service industry through the radiating and driving role of the New Towns.

We shall accelerate the transformation and upgrading of the service industry in Baoshan and Jinshan Districts. We shall support Baoshan District in prioritizing the development of an industrial-internet innovation pilot zone and a highland for the innovative development of carbon neutrality-related industries, and in building a primary gateway for inbound cruise consumption.

We shall support Jinshan District in further developing the national pilot area for the integrated development of advanced manufacturing and modern services, pioneer the operational services for the low-altitude economy, and build a regional intelligent computing power hub for East China.

The municipal and district authorities shall work in coordination to develop distinctive industrial competitive tracks.

We shall promote the deep integration of advanced manufacturing and modern services; with a focus on each district's competitive industries, we shall accelerate the cultivation of a batch of service-sector development platforms with distinctive features, led by leading enterprises, and marked by strong growth; and, through the coordination between the municipal and district authorities, we shall strengthen the interconnected development and functional supporting facilities for the service industry.

IV. Safeguard Measures

We shall strengthen overall planning and coordination, advance the breakdown and implementation of the planning tasks, and conduct dynamic assessments of the Plan implementation. We shall deepen the implementation of the comprehensive pilot program for expanding opening-up of the service industry, and explore pioneering and integrated reforms in the service industry.

We shall optimize administrative examination and approval matters in the service industry, and further improve the regulatory system centered on risk prevention and control. We shall optimize the allocation of factors of production, strengthen the attraction and cultivation of talents for the service industry, lower the financing threshold and costs for the asset-light service-sector enterprises, improve the service-sector land-use management model to accommodate the mixed-use business formats and flexible, adaptable land-use arrangements, and support the development of a batch of trusted data spaces for the service industry.

We shall establish a tiered cultivation mechanism for the service-sector enterprises, develop new-quality carrier spaces that integrate diverse functions, and improve the integrated mechanism for investment promotion and services. We shall reinforce the driving role of industry leaders, develop a group of leading service-sector enterprises capable of competing globally and driving industry development, and promote industrial-chain-based development and collaborative innovation among the upstream and downstream enterprises.

We shall improve standards and statistical monitoring, improve the system of standards for the emerging service fields, further conduct service-sector standardization pilot programs, and use high standards to guide the supply of high-quality services; improve the statistical monitoring system for service-sector development and strengthen the supporting role of big data in policy optimization and the monitoring of economic operations.