A new wave of cooperation between Shanghai and Zhenjiang has arrived. On March 12, Zhenjiang held a centralized signing event for industrial projects in Shanghai. A total of 20 projects from Shanghai and surrounding areas were signed on-site, involving fields such as aerospace and automotive parts, with a total investment of 16.52 billion yuan. A batch of high-quality projects will build a strong foundation for regional collaborative development and drive the spring growth of Zhenjiang’s industries.
After preliminary negotiations, projects from all eight sectors of the city were signed on-site. In terms of investment amounts, there are eight projects exceeding 1 billion yuan and one project exceeding 3 billion yuan. In terms of industry alignment, all 20 projects are highly compatible with Zhenjiang’s “876” innovation-driven development strategy, with great growth potential and broad market space.
In recent years, with the deepening of the Yangtze River Economic Belt and the integration strategy of the Yangtze River Delta, Zhenjiang has fully integrated into Shanghai’s “one-hour economic circle,” becoming an important location for the industrial gradient transfer from Shanghai. It has actively undertaken the transfer of industries and innovation spillovers from Shanghai, expanding all-round exchanges with the city. On September 23 last year, the Zhenjiang municipal government and the Putuo district government of Shanghai signed the “Memorandum of Strengthening Collaborative Innovation along the Shanghai-Nanjing Industrial Innovation Belt.” Nine cooperation agreements were signed between multiple institutions (enterprises) from both cities, covering tourism, medical care, technological innovation, and finance. In February this year, a delegation from the Putuo district visited Zhenjiang to further promote the construction of the Shanghai-Nanjing Industrial Innovation Belt.
According to statistics, in the past three years, among the industrial projects newly signed in Zhenjiang with an investment of over 100 million yuan, projects from Shanghai have consistently ranked first among sources outside the city. Recently, several major industrial projects, such as Shanghai Waigaoqiao Shipbuilding and Shanghai Yiyun, with investments exceeding 1 billion yuan, have been signed and settled in Zhenjiang.
In 2024, Zhenjiang will continue to reform its investment promotion system and mechanism, actively expand investment channels, establish specialized teams for industrial chain recruitment, empowering leading technology enterprises, and project information flow. The city will also establish a project post-evaluation mechanism and improve the collaborative promotion mechanism for major project construction. The total investment in projects signed with over 100 million yuan is expected to grow by 40%, reaching 230 billion yuan for the year.
