On August 21, the Lingang Special Area within the Shanghai Free Trade Zone unveiled its 15th Five-Year Plan. This strategic blueprint outlines several ambitious goals: introducing 70 pioneering institutional innovation initiatives nationwide, sustaining R&D expenditure at over 6% of GDP, and achieving an average annual GDP growth rate of 7.5%. The special area will also pioneer offshore financial pilot projects and drive the iterative enhancement of the negative list and operational guidelines for cross-border data flows.
By the conclusion of the 15th Five-Year Plan period, Lingang Special Area aims to establish three manufacturing clusters, each valued at 100 billion yuan. Looking ahead to 2030, the total industrial output value of enterprises above a designated scale is projected to surpass 650 billion yuan. Specifically, the integrated circuit sector will concentrate on wafer fabrication and high-end packaging and testing, propelling the entire industrial chain with an output value exceeding 120 billion yuan. The smart vehicle industry will prioritize breakthroughs in intelligent technologies, targeting an output value of over 300 billion yuan. Meanwhile, the high-end equipment industry will focus on new energy storage and energy equipment, with an anticipated output value exceeding 100 billion yuan.
Furthermore, the import and export volume of bonded maintenance is expected to reach 100 billion yuan, while the transaction volume of offshore resale is projected to hit 50 billion US dollars.
