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Zhangjiang Hi-tech Park

   

    Zhangjiang Hi-tech Park (hereinafter referred to as the Zhangjiang hi-tech park), with a planned area of 25 square kilometers, is located in northern Pudong New Area. The year 2009 was the first year for the implementation of the 10-year "focusing on Zhangjiang" strategy, and the economy of Zhangjiang hi-tech park maintained a fast and stable growth. In the year, the industrial output value realized by Zhangjiang Hi-tech Park was 44.498 billion yuan, an increase of 9.7% over the previous year; its business revenue was 102.1 billion yuan, a growth of 21.6% over the previous year; and the amount of taxes paid was 8.71 billion yuan, a growth of 10.6% over the previous year. Its business revenue and total tax payment were all higher than the growth rate of its industrial output value. The gap between business revenue and its industrial output value gradually expanded (1.6 times in 2005, 2 times in 2008 and 2.17 times in 2009). In the year, Zhangjiang Hi-tech Park implemented the standardized investment attraction strategy, and gave priority to introduce and cultivate six types of enterprises (projects) with high-end industrial core technology, with core products of high added value, with overall controlling capacity in the industrial chain, with integration solutions, with domestic or overseas intellectual rights in the investment structure, and with the features of low carbon and clean industry. In the year, the number of new domestically invested enterprises was 537, and the new amount of registered capital was 2.226 billion yuan. The number of new foreign investment projects approved was 96, the amount of contractual investment was US$1.031 billion (including incremental capital of US$501 million), and the amount of foreign investment actually made in place was US$952 million. The trend of multinational corporations moving into the hi-tech park continued. A batch of leading projects in their respective industries, as Abbott China R&D center, AstraZeneca China Zhangjiang site, QIAGEN Asia headquarters and the global software service center of PwC, moved to settle in the Zhangjiang Hi-tech Park. Transnational corporations as Novartis and Boehringer Ingelheim all increased their investment in the park. New energy projects and energy-conserving and environmental protection projects became the new and bright investment spots in Zhangjiang Hi-tech Park, and a batch of new energy and environmental protection enterprises, all with systematic intellectual property rights and influence in the industry, such as E-Cube, Linyang Electronics, Pylontech, Zhongjiang Energy and Lixiang Energy. PE investment institutions rapidly gathered and clustered in the park. A batch of financial service institutions as Huaren Investment,Liuhe Capital, Shenyin & Wanguo, Trustbridge Partners had moved to settle in the park, providing important support for Zhangjiang Hi-tech Park to become a science and technology venture investment center and science and technology financial innovation center. The indexes of innovation features and core value gradually showed their advantage. As Shanghai was concerned, Zhangjiang Hi-tech Park was at the leading position in terms of such comparable innovation investment indexes as the ratio of R&D expense and the ratio of R&D personnel. The ratio of R&D expense was 5.97%, three times higher than that of other development zones in the city. The comparable innovation indexes as output value ratio of new products and the output value ratio of new and high technology were ranked the second and the third among all development zones in the city. In terms of the profit index, the profit ratio of the unit output value of industrial enterprises at the designated size was ranked the first in the city, reaching 14.57%, and the absolute contribution value of profits was ranked the second place in the city. These showed the industrial features and innovation value of Zhangjiang Hi-tech Park which took "independent innovation as its characteristic and new and high technologies as its core."

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