Venture(US:VEMLY) Jie Fang Ri Bao·2025-11-09 02:33Core Insights - Minhang District has achieved significant economic milestones, with a GDP surpassing 400 billion yuan and total fiscal revenue exceeding 90 billion yuan, ranking second in Shanghai [1] - The district's leadership emphasizes its strategic location as a vital hub connecting the Yangtze River Delta and the global market [1] Economic Development - Minhang has maintained a research and development expenditure of approximately 8% of its GDP, leading the city in this regard, reflecting a long-term commitment to investment in innovation [3] - The district has received 13 national science and technology awards and 210 municipal awards during the 14th Five-Year Plan period, showcasing its focus on fostering specialized and innovative enterprises [3] - The establishment of the "Haijuyingcai" entrepreneurship park aims to support talent and innovation through various zero-cost and zero-burden initiatives [3] Industrial Growth - Minhang is actively developing three major industrial clusters: advanced energy equipment and green low-carbon, aerospace, and biomedicine [3] - The "Brain-Intelligence World" industrial park, dedicated to brain-computer interface technology, is under construction, covering an area of 100,000 square meters and attracting 10 companies in the sector [3][4] Strategic Initiatives - The "Greater Hongqiao" initiative has positioned Minhang as a key player in internationalization and dual circulation, with significant growth in the Hongqiao International Central Business District [5][6] - The district has seen the establishment of 28,000 enterprises, including 275 headquarters, with tax revenues exceeding 10 billion yuan for two consecutive years [5] Innovation and Collaboration - Minhang aims to create a world-class innovation bay area, with the establishment of a 10 billion yuan "Dalinghao Bay Technology Innovation Fund" to support technological advancements [7] - Collaboration with local universities has led to the establishment of nearly 200 companies focused on compliance entrepreneurship, enhancing the region's innovation ecosystem [7] Future Vision - Minhang's future goals include becoming an international open hub, a source of technological innovation, a highland for new industrial chains, and a model for urban living [7]