Pudong has promoted the development of its six major core industries - chip making, innovative drugs, aviation, new energy vehicles, smart manufacturing and big data - since the strategy was put forward in 2018.

The latest achievements, development goals and measures to promote these industries were unveiled at a news conference held on June 2.

These key industries have showcased leading and supporting functions, and have achieved a leap in industrial scale, energy level and core technologies.

Pudong's industrial economy got off to a good start this year, posting good results in the first four months of this year and putting the area in good stead to achieve the annual goal of having an industrial output value exceeding 1 trillion yuan ($156.61 billion).

1. Chip making industry

During the 13th Five-Year Plan period (2016-20), Pudong New Area's IC industry sales doubled, accounting for 71 percent of the city's total. Nine companies were listed on the Science and Technology Innovation Board.

This year, Pudong’s integrated circuit companies continued their rapid growth, with revenue in the first quarter increasing by 19.9 percent, which was higher than the national growth rate of 18.1 percent and the city's growth rate of 16.9 percent.

The chipmaking industry features domestic leading technologies and advanced design. The 14-nanometer chip manufacturing process has achieved mass production, and the 5-nanometer etching equipment has been applied to the world's advanced integrated circuit production lines.

JCET Group, the world's leading integrated circuit manufacturing and technology services provider, has established its design service business center and automotive electronics business center in Pudong. Projects by ACM Research, Huahong Group and iRay Technology won the first prize at the Shanghai Science and Technology Progress Award.

Pudong has formed an IC industry chain integrating EDA tools, core product design, advanced manufacturing, equipment materials, and high-end packaging and testing services. It is one of the industrial clusters with the most concentrated IC industry, the highest comprehensive technology level and the most complete industrial chain in China.

Two of the world's top 10 foundry wafer manufacturers and two of China's top five semiconductor equipment manufacturers are headquartered in Pudong. Seven of the world's top ten chip design companies have also established regional headquarters and R&D centers in Pudong.

Projects to establish the headquarters or R&D center projects of Infineon, NextVPU, Soplan Technology, Alibaba, Andes Technology, JLQ Technology were signed in December last year. Other major projects involving SMIC, HLMC Phase II, Galaxycore, Wingtec are also progressing smoothly.