Baoshan, Putuo Attract Global Investors For Their Projects at CIIE

Credit: Ti Gong

Caption: Companies and banks sign contracts with Baoshan at the 8th CIIE for the joint redevelopment of the Wusong area

As the 8th China International Import Expo draws to a close, two of Shanghai's industrial frontiers, Putuo and Baoshan districts, have transformed the event into a hub for fresh investment and industrial growth.

Baoshan, in northern Shanghai, is advancing the Greater Wusong redevelopment plan near the confluence of the Yangtze and Huangpu rivers. The neighborhood, historically famed for steel and shipbuilding, is being transformed into a waterfront hub centered on green and smart industries.

The plan seeks global investment in areas such as low-carbon technologies, sophisticated manufacturing, and cultural innovation.

Wusong Central Park, an arts and education center, and a transportation hub on Jiangyang Road S. are among the urban developments currently ongoing.

According to the Baoshan government, the district is developing plans in collaboration with key Chinese state-owned firms and design institutes, and it is looking for foreign partners with expertise in sustainable urban design and environmental technologies.

The reconstruction of Baoshan is part of Shanghai's "northern transformation" strategy under the city's 15th Five-Year Plan, which aims to create new opportunities for economic growth and international cooperation.

Caption: Officials launch the Putuo overseas promotion office in Singapore to attract international investors

Putuo, a traditional trade hub in the city's west, signed 35 projects during the expo in artificial intelligence, new energy vehicles, and digital services.

Seventeen are large-scale flagship investments, 10 are linked to the Shanghai-Nanjing industrial belt, and eight involve bulk commodity trade.

This year, Putuo has brought in 51 projects tied to the Shanghai-Nanjing belt, including six with investment over 100 million yuan (US$13.8 million).

The district is home to more than 1,400 trading firms. From January to September, its total retail and wholesale sales reached about 1.2 trillion yuan.

To draw international investors, Putuo has opened overseas promotion offices in Japan, the United Kingdom, and Singapore.

These offices help global companies access Shanghai's market, offering information on policies, investment opportunities, and project matchmaking. They also serve as gateways for Shanghai firms seeking partners and technology cooperation abroad.