Shanghai’s Huangpu District is positioning itself as a leading hub for global investment with the launch of a new Central Science and Innovation Zone along the Huangpu River. The district has recruited top companies and organizations as global investment promotion partners, and is now focused on attracting science and innovation companies, financial capital, and international cooperation.
Huangpu District has developed a robust system for science and innovation, with a focus on digital technology and health sciences. In 2023, the district achieved a GDP of 315.7 billion yuan (US$43.6 billion), marking a growth of 5.9 percent and placing it second in the city while leading the central districts. The financial sector played a significant role in this growth, contributing 43 percent of the district’s total added value.
To further enhance its financial influence globally, Huangpu District plans to host high-level financial events like the Bund Summit to drive growth in financial technology and asset management. Additionally, the district aims to become a world-class trading hub by upgrading popular shopping destinations such as the Nanjing Road Pedestrian Mall, Huaihai Road M., and Yuyuan Garden Malls. These locations are set to become premier destinations for commerce and tourism in the future.