Huangpu District in Shanghai: Leading the Way in Financial Growth and International Collaboration

Huangpu District in Shanghai has appointed leading companies and organizations as its global investment promotion partners in a bid to attract international investors to the new Central Science and Innovation Zone along the Huangpu River. As part of its efforts, the district recently launched an investment promotion campaign that is aimed at developing a vibrant ecosystem of science and innovation companies, while leveraging the area’s concentration of financial capital and fostering strong international cooperation.

In 2023, Huangpu District achieved a GDP of 315.7 billion yuan (US$43.6 billion), representing a growth of 5.9 percent. This growth placed Huangpu District as second in the city, leading the central districts. The financial sector played a significant role in this success, contributing 135.8 billion yuan in value-added, which accounted for 43 percent of the district’s total added value.

Moving forward, Huangpu District plans to continue hosting high-level financial events such as the Bund Summit to drive growth in financial technology and asset management. The district also aims to enhance its financial influence globally by establishing itself as a world-class trading hub through upgrading popular shopping destinations like the Nanjing Road Pedestrian Mall, Huaihai Road M., and Yuyuan Garden Malls. These areas are being transformed into premier destinations for commerce and tourism with the goal of further boosting the district’s economic development.