Core Insights - In 2024, the industrial output value of Shanghai's Fengxian District is projected to exceed 277.5 billion yuan, with an average annual growth rate of 9.9% [2] - The district is focusing on "energy conversion" to achieve new economic growth, with fixed asset investment in industrial sectors reaching 17.96 billion yuan in 2024, up from 11.4 billion yuan in 2020, reflecting an annual growth rate of 12% [2] - The service sector is also expanding, with revenue from regulated service industries expected to reach 48.49 billion yuan in 2024, nearly doubling since the end of the 13th Five-Year Plan [2] Industrial Development - The four key industries of beautiful health, green new energy, general new materials, and intelligent new equipment now account for over 80% of the district's total industrial output [2] - The industrial output value in the Fengxian area has increased from 25.97 billion yuan in 2020 to 83.05 billion yuan, with an impressive annual growth rate of 33.7% [3] Innovation and Ecosystem - Fengxian has cultivated 56 national-level specialized and innovative small giant enterprises and 1,860 national high-tech enterprises, with 68 enterprises recognized as technology centers at the municipal level or above [3] - The district is actively integrating into the Lingang New Area, enhancing policy collaboration and promoting industrial synergy [3] Infrastructure and Urban Development - Significant improvements in public services and transportation infrastructure have been made, including the opening of major hospitals and cultural landmarks, as well as the completion of key transportation projects [4] - The district is developing a "smart manufacturing highland" and has established a comprehensive investment system covering various types of funds [4] Future Plans - Looking ahead to the 15th Five-Year Plan, Fengxian aims to transition from an "industrial district" to a "strong industrial district" by enhancing manufacturing capabilities and focusing on advanced manufacturing and modern services [5] - The district plans to create a spatial layout that promotes differentiated development across its eastern, central, and western regions, with a focus on collaboration with the Lingang New Area [5]

Core Insights - The Shanghai government held a press conference to discuss the achievements of the "14th Five-Year Plan" in the Fengxian District, emphasizing its role as a significant growth engine in southern Shanghai [1] Economic Development - Fengxian District aims to achieve an industrial output value exceeding 277.5 billion yuan by 2024, with an average annual growth rate of 9.9% [3] - Industrial fixed asset investment is projected to rise from 11.4 billion yuan in 2020 to 17.96 billion yuan in 2024, reflecting an average annual growth rate of 12% [3] - The district focuses on four key industries: health, green energy, new materials, and intelligent equipment, which together account for over 80% of the district's industrial output [3] Service Sector Growth - The revenue from the service sector is expected to reach 48.49 billion yuan in 2024, nearly doubling since the end of the "13th Five-Year Plan" [3] - The proportion of revenue from emerging service industries has increased from 15.6% to 23.2% [3] - Retail sales of consumer goods are projected to reach 59.36 billion yuan, with an annual growth rate of 11.8%, ranking among the highest in the city [3] Innovation and Technology - The district has introduced policies like the "16 Innovation Policies for Southern Shanghai," resulting in the cultivation of 56 national-level specialized and innovative small giant enterprises and 1,860 national high-tech enterprises [4] - The establishment of the "Returnee Town" aims to attract global talent and enhance regional innovation capabilities [4] Infrastructure and Public Services - Significant improvements in public services include the opening of major hospitals and cultural landmarks, enhancing urban functionality [5] - A comprehensive transportation network is being developed, including the extension of metro lines and new highways, facilitating better connectivity [5] - The district has added 488 hectares of green space and built 223 parks, achieving a per capita green space of 17.3 square meters [5] Agricultural Development - The district has introduced 50 high-tech agricultural projects, focusing on modern green agriculture, with a notable achievement in establishing a "5G+AI" smart farm [6] - The income of farmers is steadily increasing, with the average disposable income projected to exceed 47,000 yuan in 2024 [7] Future Outlook - The district plans to focus on becoming an open innovation demonstration hub, integrating with the free trade zone and enhancing its policy advantages [8] - It aims to develop a comprehensive modern city with an advanced transportation network and improved urban quality [9] - The district will promote new industrialization and strive for its four key industries to reach a scale of 100 billion yuan [10] - Efforts will be made to establish a center for technological innovation and create a collaborative innovation community among local universities [11] - The district is committed to creating a world-class business environment, optimizing government services, and ensuring efficient policy implementation [12]

Core Viewpoint - The Shanghai government is promoting the development of the Fengxian District as a significant growth engine in southern Shanghai, focusing on economic, social, and environmental advancements during the 14th Five-Year Plan period [1]. Economic Development - The industrial output value in Fengxian is projected to exceed 277.5 billion yuan by 2024, with an average annual growth rate of 9.9% [3]. - Industrial fixed asset investment is expected to rise from 11.4 billion yuan in 2020 to 17.96 billion yuan in 2024, with an average annual growth rate of 12% [3]. - The service sector's revenue is anticipated to reach 48.49 billion yuan in 2024, nearly doubling from the end of the 13th Five-Year Plan [3]. Innovation and Technology - Fengxian has nurtured 56 national-level specialized and innovative small giant enterprises and 1,860 national high-tech enterprises [5]. - The establishment of the "Returnee Town" aims to attract global talent and enhance regional innovation capabilities [5]. Infrastructure and Transportation - Significant improvements in public services include the opening of major hospitals and cultural landmarks, enhancing urban functionality [6]. - A comprehensive transportation network is being developed, including the extension of metro lines and new highways, facilitating better connectivity [8]. Environmental Sustainability - The district has added 4,880 hectares of green space and built 223 parks, achieving an average of 17.3 square meters of park space per person [9]. - The promotion of non-fossil energy sources has led to the installation of 305,000 kilowatts of solar power capacity, exceeding the targets set for the 14th Five-Year Plan [9]. Rural Development - The introduction of 50 high-tech agricultural projects has improved rural industries, with a focus on modern green agriculture [10]. - The average disposable income for rural residents is projected to exceed 47,000 yuan in 2024, reflecting steady income growth [10]. Social Welfare - The district has achieved national recognition for its education and health initiatives, including the establishment of a national-level health promotion zone [11]. - A robust social security network has been developed, with 27 community employment service stations established to address housing needs [11]. Future Outlook - The district aims to become an open innovation demonstration hub and a comprehensive modern city, enhancing its urban functions and quality [12]. - Fengxian plans to advance its industrial clusters towards a scale of 100 billion yuan and foster a collaborative innovation ecosystem among local universities [12].

Group 1 - Eight key industrial projects were signed in Fengxian, Shanghai, focusing on sectors such as health, smart equipment, and green energy, which will significantly boost the industrial development of Fengxian New City [1] - The "Beautiful Health" industry is a focal point, covering cosmetics, pharmaceuticals, and fine foods, with a goal to establish a complete industrial chain from R&D to end consumption [2] - In 2024, the output value of the beautiful health industry in Fengxian New City is projected to reach 56.17 billion yuan, a year-on-year increase of 3.6%, with cosmetics leading at 14.53 billion yuan, up 13.7% [2] Group 2 - The Oriental Beauty Valley is recognized as China's only "Cosmetics Industry Capital," with an industrial scale nearing 100 billion yuan and over 3,000 enterprises, fostering both international giants and domestic brands [3] - The Shanghai Industrial Comprehensive Development Zone, established in 1994, is projected to exceed 50 billion yuan in industrial output in 2024, marking it as the first hundred-billion-yuan park in Fengxian [4] - Future plans for Fengxian New City include accelerating industrial upgrades and enhancing urban functions, aiming to become a vibrant new city in the Yangtze River Delta [5]