Lates News

This year, the planned investment amount for major projects in Shanghai reached 240 billion yuan, reaching a historical peak in terms of project size and implementation difficulty. However, the actual investment amount completed in the first quarter was 50.79 billion yuan, exceeding the target of 50 billion yuan, representing the development of new technological industries as a driving force for investment. In the first quarter of this year, the construction of Shanghai's integrated circuits, biopharmaceutical, and artificial intelligence industries has been rapidly growing, and the infrastructure as the basic foundation has been steadily increasing. The relevant person in charge of the city's major projects office stated that they will continue to accelerate the pace to promote the completion of national strategic projects such as the Tongji University Shanghai Autonomous Intelligent Unmanned Systems Science Center, the Zhangjiang Laboratory Research and Development Building, Midea Group's second headquarters, the East Soft Shanghai Technology Center, and the Netease Cultural Park within the year. This year, a batch of infrastructure and livelihood projects will also be completed, including the extension of Shanghai Metro Line 2 to the west, the second phase of Line 18, the Zhujiao Area of the Ninth Hospital, the Jiading Area of Ruijin Hospital, the Pudong New Area of Changzheng Hospital, the Legoland in Jinshan, and the Shanghai Grand Opera House. (Liberty Daily)