Shanghai is the birthplace of China's high-end equipment industry. During the 14th Five-Year Plan (2021-25) period, Shanghai incorporated the high-end equipment industry into its six key advanced manufacturing industry clusters. By 2025, Shanghai is expected to have built a globally influential high-end equipment stronghold powered by innovation and key technologies.

Industry Advantages

1. Intelligent Manufacturing Empowering Industry Development

In 2022, the scale of Shanghai's intelligent manufacturing equipment industry surpassed 100 billion yuan ($13.96 billion), making the city one of the largest exporters of intelligent manufacturing system integration solutions in China. Furthermore, the total industrial output value of the intelligent manufacturing system integration solution reached 60 billion yuan, the highest in the country.

Since the implementation of the intelligent factory construction action in 2020, Shanghai has had three enterprises rated as national benchmark intelligent factories, eight enterprises as national intelligent manufacturing demonstration factories, and 49 scenarios as national-level excellent scenarios, leading the country's development in this area.

2. Cluster of Leading Enterprises

Over the past five years, Shanghai has attracted central State-owned enterprises such as China State Shipbuilding Corporation, the headquarters of China Electrical Equipment Group, foreign-funded enterprises such as SIEMENS Healthineers, FANUC, KUKA, and research institutes such as the Chinese Academy of Sciences, which have formed leading advantages in the city.

3. New Energy Equipment as a New Growth Driver

Throughout 2021, Shanghai witnessed strong growth in new energy equipment. The output value of both wind power equipment and photovoltaic equipment grew by over 40 percent year-on-year, and the output value of intelligent grid equipment increased by over 20 percent from the previous year, further accelerating the achievement of "carbon peak and neutrality".

4. Breakthroughs at Home and Abroad

Shanghai Electric Wind Power Group has independently developed the world's first "100-meter" offshore carbon fiber wind turbine blade.

Shanghai Top Numerical Control Technology's first large-scale locally built horizontal five-axis computer numerical control milling machine tool has been successfully applied.

Source: Shanghai Foreign Investment Guide 2023