Pudong New Area in Shanghai officially launched the 2025 Pudong Investment Promotion Year on Feb 6, to commemorate the 35th anniversary of its development and opening-up. The district intends to accelerate economic growth with a full-year target of over 5 percent, exceeding the city's average, and a consistent increase in fixed asset investment.

To foster a business-friendly environment, Pudong will fully implement the 3.0 version of the Shanghai Municipality's Regulations on Optimizing the Business Environment and the 8.0 version of the Action Plan on Business Environment Optimization.

At the event, 33 projects in five key areas — urban renewal, infrastructure, key industries, financing services for small and micro-enterprises, and data element valuation — were signed, totaling over 130 billion yuan ($17.92 billion) in investment.

Urban renewal projects, including the Sanchagang wedge-shaped green space comprehensive development project, account for over 90 billion yuan, and contribute significantly to urban quality. Infrastructure projects worth nearly 35 billion yuan such as the construction of the Rail Transit Line 19 and the Beicai wedge-shaped green space ecological area, will accelerate Pudong's economic and social development.

Seven key industrial projects, including Zhiyuan Robots' headquarters and super training factory as well as the Korean CK Line's China headquarters and smart supply chain hub, total 5.5 billion yuan, demonstrating Pudong's robust potential in nurturing new productive forces. Eight banks provided loans ranging from 3 million to 11.95 million yuan to eight small and micro-enterprises to support their growth. Furthermore, six data element valorization projects, spanning transportation, communications, finance, and AI, are expected to activate data assets and drive innovation across industries.