The General Office of the Shanghai Municipal People's Government has rolled out the 'Three-Year Action Plan for Bolstering the Transformation and Upgrading of Advanced Manufacturing Industries in Shanghai (2026 - 2028)', with the overarching goal of expediting the growth of leading industries.

The plan puts forward the idea of backing integrated circuit enterprises to make significant strides throughout the entire industrial chain. This encompasses key areas such as equipment, advanced processes, photoresist materials, and 3D packaging. Moreover, it aims to nurture industry-leading companies that boast robust international competitiveness.

Simultaneously, the plan zeroes in on sectors like innovative drugs, high-end medical devices, synthetic biotechnology, and cell and gene therapy to bolster enterprise development. Additionally, it underscores the importance of fostering the swift advancement of high-performance intelligent computing chips.