Core Insights - The North Bund is a key area for Shanghai's shipping and financial center development, focusing on asset management and wealth management sectors [1][2] - Over the past five years, significant projects have been completed, including 46 major construction projects totaling over 3 million square meters and attracting over 335 major investment projects with a total investment exceeding 300 billion yuan [1] - The North Bund has attracted over 4,700 shipping enterprises, accounting for nearly 70% of Shanghai's shipping capacity, and over 2,100 financial institutions, enhancing its wealth management capabilities [2] Group 1 - The North Bund is strategically located within the "Golden Triangle" of Shanghai, which includes the Bund and Lujiazui, making it the only fully planned and deeply developed prime area in the city [1] - The area has seen the establishment of a modern industrial system characterized by innovation and is gradually cultivating a global-level ecosystem for modern services such as shipping and finance [1][2] - Future plans include enhancing the North Bund's global resource allocation and high-end industry leadership, aiming to make it a showcase for Chinese-style modernization [2][3] Group 2 - The North Bund will focus on two key areas: the "first kilometer" of innovation incubation and the "last kilometer" of enterprise listing, with over 2,100 asset management institutions managing a total of 8 trillion yuan [3] - The "North Bund International Legal Service Port" has been launched to provide comprehensive legal services, including a commercial mediation center and a shipping dispute resolution center [3] - The North Bund aims to become a testing ground for innovative legal services, with initiatives like the establishment of an enterprise out-of-court restructuring center to assist distressed companies [3]