Twelve major industrial projects totaling an investment of nearly 10 billion 
yuan ($1.48 billion) were signed at a conference to promote industrial economy 
on Shanghai's Changxing island held in the municipality on Sunday.

A string of policies to boost high-quality development of industrial economy on 
Changxing were also unveiled at the conference themed "new smart manufacturing, 
new driving force, and new start".

Wu Qing, vice-mayor of Shanghai and head of the management committee of 
Changxing island, made a remark at the conference held by the management 
committee of the development and construction of Changxing island as well as 
the district government of Chongming, of which Changxing is a part of.

Chen Mingbo, deputy secretary general of the municipal government, and Li 
Zheng, party chief of the Chongming district, unveiled the nameplate of the 
Shanghai Changxing Industrial Investment Promotion Office at the conference. Wu 
Jincheng, director of the Shanghai Municipal Commission of Economy and 
Informatization, and Miao Jing, district governor of Chongming, unveiled the 
nameplate of the Eastern Center of Chongming District's Administrative Service 
Center.

The Changxing Industrial Park signed the twelve major projects with 
institutions, including Shanghai Jiao Tong University and China United 
Investment Holding Co., Ltd., covering areas of marine equipment, smart 
manufacturing, new materials, energy conservation and environmental protection, 
integrated circuit, biomedicine, and financial services.

The park has 10 major industrial projects totaling around 12 billion yuan 
currently under construction. The district government believed that such new 
propels will energize the area's development to a new height.

Also at the conference, the Changxing Island Development Office signed 
collaboration framework agreements with the Shanghai Investment Promotion 
Center of the United Nations Industrial Development Organization and the 
Shanghai branch of Huawei. The office, Chongming district government, and the 
Export-import Bank of China's Shanghai branch signed a three-party strategic 
framework collaboration agreement.

Li said that riding the wave of the opportunities of the change in management 
systems of the development and construction of the Changxing Island and the 
inclusion of the island in the municipality's metro network, the island is 
expected to undergo a new round of high-quality major progresses and upgrades 
in the upcoming years.

He said that by adhering to ecological priority and green development, the 
district authority will strive to build Changxing into a carrier of Shanghai's 
manufacturing namecard, a leader in marine technology innovation, a growth pole 
for industry-city integration, and an area with its own characteristics, 
functions, international competitiveness, and market influence.

Miao published the string of policies to boost high-quality development of 
industrial economy on Changxing. Chen Bo, deputy director of the Changxing 
Island Development Office talked about the development and construction 
situations of the island. Yu Cong, chairman of the Shanghai Changxing Marine 
Equipment Industrial Park, introduced situations about the industrial park.

Huang Wenfei, general manager of Jiangnan Shipyard (Group) Co., Ltd.; Chen 
Jianliang, chairman of Hudong-Zhonghua Shipbuilding (Group) Co., Ltd.; Lin 
Zhongqin, an academician with the Chinese Academy of Engineering and president 
of Shanghai Jiao Tong University; and Lin Baojun, chief designer of the 
Beidou-3 satellite, gave keynote speeches at the conference.

Covering an area of 162 square km, Shanghai's Changxing island is at the mouth 
of the Yangtze River. The island functions as a reservoir for the world's 
marine equipment, Shanghai's ecological water source, and a destination for 
sightseeing. It is known as a national model base for new industries and a 
national-level demonstration zone for marine economy development.

The Yangtze River tunnel and bridge enables the Changxing island to be a key 
link between the city of Shanghai and the city clusters north of the Yangtze 
River and an important doorway for the integrated development of the Yangtze 
River Delta region.

Changxing island is only 25 km from the Lujiazui financial area and the metro 
line from downtown area to Chongming island, which will go through Changxing, 
will make the island a part of city life in Shanghai that is easily accessible 
within 30 minutes.

Possessing rare deep-water seashores reaching 22 meters at the deepest point, 
the island has a particular advantage in the industrial development of marine 
equipment. Qingcaosha Reservoir at the northern part of the island is a main 
source of tap water for Shanghai.

Playing up its advantage in the industry of marine equipment against the 
background of the development of the municipality, the Yangtze River Delta 
region, and the Yangtze River Economic Belt over the years, the island has 
attracted leading enterprises in high-end manufacturing and technological 
innovation, such as Jiangnan Shipyard, Hudong-Zhonghua Shipbuilding, Shanghai 
Zhenhua Port Machinery (Group) Co., Ltd., and China Cosco Shipping Corporation 
Ltd over the past years.

The island authority said that after the change in management systems of the 
development and construction of the Changxing island early this year, the 
development office of the island was relocated to the island. At the meantime, 
the Changxing branch of district environmental authority, the Shanghai 
Changxing Industrial Investment Promotion Office and the Eastern Center of 
Chongming District's Administrative Service Center were established on the 
island to further enhance the local governance capacity and optimize the 
comprehensive business environment, and thus promote a new round of development 
and construction of Changxing island.

The district government underscored three facades for Changxing's development 
for the next phase: embracing new smart manufacturing, playing up new driving 
force, and trailblazing a start for a new voyage.

The local industries should focus on the digitized, intelligent, and green 
development of marine equipment and marine economy so as to be integrated into 
the industrial chain of the world's marine equipment. They shall look for more 
opportunities for international collaboration and boost their international 
competitiveness, the district government said.

New technologies, including artificial intelligence, industrial internet, and 
new materials, shall be more availed of to prompt the local industrials and 
probably create cross-disciplinary combinations to drive the upgrade of modern 
industrial system, and thus reinvigorate the economic and social development of 
the Changxing island.

Service packages for business development and talent attraction should be taken 
into consideration at this hard-win opportunity regarding the island's 
development. World-class business environment, innovative industrials parks 
with their own characteristics, and talent for innovation and entrepreneurship 
will help build a batch of industry-leading enterprises featuring high 
technologies, according to the district authority.

Government officials from the city's authorities, executives from State-owned 
enterprises based in Chongming, and representatives from local towns, 
industrial parks, companies, and industrial associations attended the signing 
ceremony.

Source: The Government of Chongming District