The Eastern Hub International Business Cooperation Zone is planning to construct carriers such as science and technology innovation research and development incubation bases.

date
25/02/2026
On February 25, the Shanghai municipal government held a press conference to introduce the progress of the preparation for the first exhibition of the Oriental Hub International Business Cooperation Zone and the development of the consumer electronics industry. According to Securities Times reporters at the press conference, the Oriental Hub International Business Cooperation Zone is planning to build a science and technology research and development incubation base, a medical device training exhibition and trading center, and an innovation center to support the development of key industries such as biomedicine, integrated circuits, and artificial intelligence. Leveraging policies that facilitate the entry and exit of international personnel and duty-free import of equipment, companies can efficiently collaborate with international research teams, conduct technology exchanges, joint innovation, and result transformation. By leveraging policies to expand the service industry, companies can explore innovations in the areas of offshore trade, service trade, and digital trade, strengthen professional services such as accounting, law, finance, consultancy, and testing, introduce high-level international medical resources, and support high-quality "bringing in" and high-level "going out".