Shanghai Pudong Software Park, situated in Zhangjiang High-tech Industrial park,is co-established by CEC and Shanghai municipal government, with registered capital of RMB 80 million yuan.
Since its establishment in March, 2002, Pudong Software Park has built up a park occupying 120,000 sq.m. and it sees positive tendency in business invitation and industrial service; the occupied area will reach 580,000 sq.m. pursuant to the third-stage programming. Hundreds of famous domestic or overseas enterprises have registered for entrance and their main operations ranges from software development, chip design, information security, information service, system integration, electronic commerce, software export and various other IT industries.
At present, Pudong Software Park has been approved by the sate as “ National Software Industry Base” and“National Software Export Base”.
As an important metropolitan in the Yangtze Delta, Shanghai is advantageous in its geographic location and economic conditions. The software industry in Shanghai, with Pudong Software Park as its kernel, has made great progress in the recenty ears, and industry clusters form into being. In July 2005, there were more than 1400 software ventures in Shanghai, some of which were local ventures and had their particular characteristics. In 2006, the revenue of software industry in Shanghai reached 61.6 billion RMB and gained the top position in China, and maintained a steady increasing rate over 50% from 2001 to 2006, which was unique in china.
Shanghai is also aiming to attract over 2,000 foreign and Chinese software companies to set up in the park by the time. It is estimated that the combined annual revenue of these companies will be 13 billion yuan (US$1.57 billion).