Lingang is in the fast lane with latest co-operative agreements

Source: Xinhua | 2018-11-22

ELEVEN central enterprises, scientific research institutions and industry leaders signed contracts to start projects in Shanghai’s Lingang area yesterday.

Central enterprises are state-owned enterprises managed by the central government.

Significant projects cover many strategic emerging industries such as the new generation of information technology, high-end equipment manufacturing, new material, new energy, new energy vehicles and digital creation.

The projects will help the Pudong New Area build new economic momentum for quality development as well as implement its “four high strategy.” These are high standard reform and opening-up, high quality development, high quality life and high caliber teams.

“The establishment of these projects in Lingang indicates Pudong’s innovative development and inputs new force into Lingang, contributing to the development of the manufacturing industry and build-up of a world-class industrial cluster,” Chen Jie, Party secretary of Lingang Administration Committee said.

The China (Shanghai) Pilot Free Trade Zone will expand to include a new section, said President Xi Jinping during his keynote speech at the China International Imports Expo on November 5.

Lingang is considered a competitive candidate for the new section.

In the new energy vehicle industry, leading central enterprises such as Aluminium Corporation of China and China Transport Telecommunication & Information Center and local industry leaders will co-operate in Lingang, helping Shanghai build a world-class industrial cluster for new energy vehicles.

In the gas turbine industry, the Institute of Engineering Thermophysics of the Chinese Academy of Sciences will cooperate on high-power gas turbine experiment equipment. ENN Energy Holdings Limited will also collaborate to increase the efficiency of miniature gas turbines.

In the integrated circuit industry, institutions such as the Shanghai Industrial Technology Research Institute will set up a public service platform for photo-electricity technology, to better serve semi-conductor projects established in the Lingang Industrial Park.

Lingang will also cooperate with companies in fields such as energy planning and smart buildings to promote the transformation of the industrial park to a greener, smarter and more livable industrial community.