"The Source of Hongqiao" Online New Economy Ecological Park is situated in Changning district of the Hongqiao International CBD, and has a total planned area of 6.74 square kilometers. Capitalizing on its strategic position within the national hub at the Hongqiao International Open Hub, the park actively embraces the ongoing trend towards economic digitization.

This park brings together over 1,500 key enterprises in the online new economy, including industry leaders such as Ctrip, iQiyi, iFlytek, Buy Quickly, and United Imaging. Its primary focus lies in the four major sectors of artificial intelligence, digital health, digital travel, and digital consumption. 

With a commitment to accelerating the establishment of a central node for the digital economy that connects internationally and integrates with the Yangtze River Delta urban cluster, the park aspires to become a vital hub for efficiently allocating such resources as capital, technology, talent, and data. Collaborative efforts will drive industrial digitization and digital industrialization, fostering the robust and healthy development of the digital economy and striving to achieve Changning district’s ambitious goal in the online new economy. 

(The goal is: by 2025, gather 10 leading enterprises of authoritative ranking and that lead the industry; gather 100 innovative enterprises with considerable capabilities; create 1,000 application scenarios with leading and demonstrative effects; promote 10,000 companies to "embrace the cloud, leverage data for intelligence," and foster a group of leading e-commerce platforms with a market value or valuation reaching trillions.)

Source: Shanghai Municipal Commission of Economy and Informatization