It is China’s second-largest national high-tech zone in ter

rms of area and ranks No 2 in GDP among the 157 national high-tech parks, foll

上海夜网上海品茶owing Zhongguancun in Beijing, according to the Ministry of Science and Technology.

It yielded 24.4 billion yuan ($3.87 billion) of GDP and 4.3 billion yuan of tax revenue per square kilometer in 2018, the biggest among all its counterparts in th

e country. It accounted for 15 percent of the city’s total patent applications and yielded nearly 12 percent of the city’s to上海夜网

tal industrial output value last year. One-sixth of Shenzhen’s national-level high-tech enterprises are based in the zone

While the integrated development of the Yangtze River Delta region has progressed steadily ever since it was elevated to a national strategy in 2018, fin上海夜网

ancial institutions have been evaluating the potential in this land for future growth.

Ma Chunlei, director of Yangtze River Delta Regional Cooperation Office, said at the Lujiaz上海夜网上海品茶

ui Forum in Shanghai in June that the provinces and the municipality included in the strategy-J

iangsu, Zhejiang, Anhui and Shanghai-will release their respective detailed action plans by the middle of this month latest.

上海夜网上海品茶vSome 320 key projects will be carried out in the next three years to lay a better groundwork for the integrated development of the delta region, said Ma.

These will include connecting dead-end roads and proliferating the use of QR codes at major subway stations in the area.

Bank of Communications see one-third of its 10 trillion yuan ($1.45 trillion) a上海夜网上海品茶

ssets coming from the Yangtze River Delta region, said the bank’s vice-chairman R

en Deqi. He further said the bank was advancing innovation in its financial management mechanisms.

Since the area features two free trade zones in Shanghai and Zhejiang, Bank of China will come up with more offshore FTZ businesses in the near future.上海夜网上海品茶

Kong Qingwei, chairman of China Pacific Insurance (Group) Co Ltd, said the Yangtze River Delta reg

ion is a key driver of the group’s annual income and innovative development. Of the insurer’s 126 million customers in China, 30 m

illion live in the region, and account for 80 billion yuan, or 25 percent, of the insurer’s 320 billion yuan in total premiums.

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