Shanghai Zhangjiang Hi-Tech Park, founded in July 1992, is located in the middle part of LPudong New Area with a planned area of 25km2, comprising Technical Innovation Zone, Hi-Tech Industry Zone, Scientific Research and Education Zone, and Residential Zone. In August 1999, Shanghai Municipal Committee and Municipal Government made the strategy of “Focus on Zhangjiang” and identified the IC industry, software industry, biomedicine as the leading industries of the Park to play a leading role in innovation, and Zhangjiang began to develop rapidly ever since then.
By the end of 2005, the Park has introduced totally 4297 new enterprises, attracted foreign investment 13.748 billion USD and a fixed asset investment 69.514 billion RMB, registered 91 R&D centers of transnational enterprises, applied for 4,032 items of patent (833 of them granted). Zhangjiang Hi-Tech Park as planned in “Eleventh Five-Year” plan will become a national example base for self innovation and a science city with global competitive strength.
After 14 years of development, the Park has established a framework for biomedicine industry and information industry chain and innovation chain.
A number of national industry bases including Shanghai National Biomedical Industry Base, National Information Industry Base, National Integrated Circuit Industry Base, Semiconductor Lighting Industrial Base, National 863 Project China Eastern Information Security Industry Park (CEISIP), National Software Industry Base, National Software Export Base, National Culture Industry Example Base, and National Network Game and Animation Industry Base have been established at the Park so far.In respect of scientific innovation, the Park is equipped with incubators of various modes and types and has national incubators and national pioneering park for overseas Chinese students and scholars established here. A number of new economy based enterprises at the Park have made great progress. A park culture and innovation atmosphere of “self-design, self-operate and free competition” and “Encourage success and tolerate failure” is coming into being.