Nighttime Lujiazui in Pudong. [Photo/WeChat ID: pdnews]

Over the past five years, Pudong New Area has become a symbol of modernization and innovation in Shanghai. Renowned for its pioneering spirit, Pudong is setting new benchmarks in growth, efficiency, and global influence.

Concentration of resources: Capital, companies, and talent

Despite its small size, Pudong accounts for a significant portion of China's economy, generating 1/76 of the nation's GDP and attracting 1/15 of foreign investment. In 2024, Pudong's GDP soared to 1.78 trillion yuan ($246 billion), with major growth in both industrial and service sectors.

The district's innovation ecosystem is thriving, with over 7,329 startups nurtured in incubators and accelerators. Pudong is home to 52 companies listed on the Science and Technology Innovation Board, valued at 1.9 trillion yuan. The number of high-tech enterprises in Pudong has reached 1.4 times the 2020 figure.

Industry leadership and global reach

Staff members conduct tests on robot joints. [Photo by Tao Lei/pdnews]

Pudong is a powerhouse in the key industries of integrated circuits, biopharmaceuticals, and artificial intelligence. Its integrated circuit industry makes up one-fifth of the national market. In the first ten months of this year, overseas licensing transactions in biopharmaceuticals made up 9.7 percent of the global total. Humanoid robot production has grown, with shipments expected to reach 5,660 units this year.

Pudong also excels in offshore trade and port operations, and the Shanghai Futures Exchange in Pudong is helping to bring "Shanghai pricing" to the global stage, reinforcing Shanghai's status as a global trade hub.

Rapid development and efficient services

After completing the online process, a man posts the business license. [Photo/WeChat ID: pdnews]

In Pudong, companies like Sigenergy have quickly established themselves, with production lines becoming operational within weeks. This efficiency is mirrored in Pudong's streamlined administrative processes, drastically reducing approval times and enhancing business operations.

Higher-level opening-up

Waigaoqiao International Wine and Spirits Exhibition and Trading Center. [Photo by Xu Cheng/pdnews]

Thanks to its pioneering policies, Pudong now hosts China's first foreign-controlled securities and insurance companies and has introduced groundbreaking initiatives like the cross-border service trade negative list. These efforts highlight Pudong's role as a leader in China's opening-up.

Effective urban management

Pudong ensures a livable environment for its residents. [Photo/WeChat ID: pdnews]

Pudong excels in urban management, ensuring a livable environment for its residents. The district delivers comprehensive public services, with a 95.6 percent coverage rate of 15-minute service circles. Digital governance helps enhance management, significantly reducing complaints and violations.

A vibrant city that never sleeps

The Zhangjiang Zouzou Festival. [Photo/WeChat ID: pdnews]

Pudong is not just a hub of innovation but also a lively urban space. Events like the Zhangjiang Zouzou Festival and cultural venues keep the district bustling day and night, making it an attractive place to live and work.

A young talent community holds a carnival. [Photo/WeChat ID: pdnews]