![]() Photo source: released in Shanghai Report on jiwei.com.
According to the news released by Shanghai, the first batch of 62 foreign-funded projects in Shanghai will be signed in 2021, with a total investment of US $11.85 billion. The contracted projects cover artificial intelligence, biomedicine, integrated circuit, digital economy and other industries. Among them, 29 projects have an investment of more than 100 million US dollars, 7 projects are from the world's top 500 enterprises, and 20 headquarters capacity-building projects.
In December 2020, Shanghai issued the "proposal of the Shanghai Municipal Committee of the Communist Party of China on formulating the fourteenth five year plan for Shanghai's national economic and social development and the long-term goal for the year 2035", which proposed to promote the scale doubling of the three leading industries of integrated circuit, biomedicine and artificial intelligence, and accelerate the development of electronic information, automobile, high-end equipment, advanced materials, life and health, and fashion Six key industries of consumer goods, build high-end industrial clusters with international competitiveness, and promote the construction of characteristic industrial parks.
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