Zhangjiang to Build National Science Hub

FEB 2016

China’s National Development and Reform Commission and Ministry of Science Technology recently approved the plan to establish a cross-industry national science hub in Zhangjiang, Shanghai, reforming the city to become a global innovation center.

The center will introduce innovation-oriented evaluation mechanism in state-owned enterprises and quicken the process of the city’s service-oriented economic transformation. Zhangjiang will become increasingly attractive as a location for the pharmaceutical, life science and IT industries. The new policy is expected to drive an increase in demand for business parks in Zhangjiang on a long term basis.

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