The Zhangjiang Hi-Tech Park is a technology park in the Pudong district of Shanghai, China. It is operated by Zhangjiang Hi-Tech Park Development Co., Ltd. The park specializes in research in life sciences, software, semiconductors, and information technology.
As of 2009, there were 110 research and development institutions, 3,600 companies and 100,000 workers located in the technology park. In some circles the park is also known as China's Silicon Valley.[1]
History
The Zhangjiang Hi-Tech Park was established in July 1992. It is situated in the Pudong New Area with a total area of 25 km2 (9.7 sq mi). In 2018, it has bases such as the National Shanghai Biomedical Science and Technology Industry Base, National Information Industry Base, National Integrated Circuit Industry Base, National Semiconductor Lighting Industry Base, National 863 Information Security Fruit Industrialization (Eastern) Base, National Software Industry Base, National Software Export Base, National Cultural Industry Model Base, National Online Games and Animation Industry Development Base. It also has the parks National Torch Entrepreneurship Park and National Overseas Student Pioneering Park.[2] The park is made up of the following areas: the Technical Innovation Zone, the Hi-Tech Industry Zone, the Scientific Research and Education Zone, and the Residential Zone.
The park's center area now has 400 research and development institutions.[3] In 2013, Shanda opened sales of a real estate investment project in the park and accepted payment for apartments with bitcoin.[4] Shanda World opened in the park in 2018.[5]
In August 1999, the Shanghai Municipal Committee and Municipal Government developed a strategy and accompanying report called "Focus on Zhangjiang." The report identified that investments from the IC industry, the software industry, and the biomedical industry would be targeted. They were seen as the industries which should have leading roles in innovation and that would drive future economic growth and higher employment in Zhangjiang Town and the Hi-Tech Park.[6]
Zhangjiang Hi-Tech Park can be reached via the inner or outer ring roads that serve the Shanghai metropolitan area. The park is 3.6 km from Nanpu Bridge and 13 km from People's Square. It is 9 km from The Bund.[12]
Longdong Avenue on the park's northern boundary is the main road connecting the inner ring road and Shanghai Pudong International Airport. Luonan Avenue on the park's western boundary is the feeder road connecting the inner ring road and outer ring road.[12]
^"High-Tech Park" (in Chinese). Shanghai Municipal Government. 2003. Archived from the original on 29 October 2007. Retrieved 28 May 2012.
^"6". Understanding Research, Science, and Technology Parks: Global Best Practices (1st ed.). Washington D.C.: The National Academies Press. 2009. p. 56. ISBN978-0-309-13789-8.
