A total of 21 new projects were secured during the Shanghai Global Investment Promotion Conference 2025 held on March 25, marking the beginning of the week-long "Invest in Shanghai" series of business soliciting activities.

The new projects covered the sectors of advanced materials, integrated circuit, high-end equipment, biomedicine, green and low-carbon development, digital economy and intelligent computing.

Shanghai Global Investment Promotion Conference has reached its fifth edition this year, securing about 580 major projects in Shanghai over the past four years, with total investments exceeding 1.1 trillion yuan ($151.47 billion).

Also launched on March 25 is the second phase of Shanghai's industrial transformation and upgrading fund. With a total value of 50 billion yuan, the second phase of the fund will finance projects on new generation electronic information, high-end equipment, automobiles, new materials, software and information services and industrial services. Both growth enterprises and those in their mature stage are eligible for the fund, with the initial stage of the fund set at 10 billion yuan.

In addition, the State-owned Capital M&A Fund Matrix of Shanghai, valued over 50 billion yuan, was also unveiled. The money will be used to support State-owned enterprises' reform and develop IC, biomedicine, civil aviation, cultural consumption and tourism.

Shanghai's key industry layout and major application scenarios were officially released during the conference. The four industrial clusters of electronic information, automobile, high-end equipment, as well as software and information services are tipped for full growth, with the industrial value of each cluster topping over 1 trillion yuan.

Moreover, the development plan of 14 district-level leading industries was also revealed, aiming to boost their respective industrial value up to 100 billion yuan by the end of this year.

Following the launch of Shanghai's intellectual manufacturing space cloud chain platform, the first batch of 59 quality projects were included on the platform, with their total construction area reaching 5.3 million square meters. According to the municipal government, the platform is projected to match industrial resources and industrial spaces more efficiently.

14 district-level leading industries:

• Jiading: Intelligent connected new energy vehicles
• Qingpu: New generation information technology
• Songjiang: High-end equipment
• Minhang: Advanced energy equipment
• Changning: Low-altitude economy and drone tests
• Baoshan: Robots
• Putuo: Smart software
• Xuhui: AI
• Jing'an: Ultra-high-definition audiovisual technology
• Pudong's Zhangjiang and Jinqiao: Humanoid robots and industrial metaverse
• Hongkou: Green and low-carbon development
• Chongming: Marine equipment
• Fengxian: Beauty industry
• Jinshan: Chemical new materials