On January 14, 2026, during the Eighth Session of the 17th People's Congress of Changning District, Shanghai, it was announced that Changning District is set to propel the development of the 'Shanghai Silicon Lane.' This initiative will prioritize the pursuit of innovation and the sourcing of cutting-edge technologies, aiming to establish a premier incubator for the 'Digital Silicon Lane' and cultivate a thriving ecosystem of high-quality innovative enterprises. Additionally, Changning District will harness the combined strengths of municipal and district-level science and technology innovation venture funds to foster the establishment of state-owned asset funds and facilitate the issuance of state-owned asset innovation bonds. This strategic move is designed to propel the advancement of science and technology innovation enterprises, expedite the virtuous cycle of 'technology-industry-finance,' and bolster the listing of 'hard technology' firms on the Science and Technology Innovation Board.
