Pudong State Grid Weibo

Who is State Grid Shanghai?

State Grid Shanghai Municipal Electric Power Co and Industrial and Commercial Bank of China made one of the first transactions on Thursday. According to State Grid Shanghai, electricity data cover a wide range of industries.

Is Pudong a powerhouse?

Having been supported by the continued reforms and experiments over the past 30 years, Pudong, though it accounts for only 1/8000 of China's total land area, is a powerhouse contributing 1/80 of the country's GDP and 1/15 of total imports and exports.

Is Pudong a model for China's Modernization and opening-up?

Pudong, a district east of the Huangpu River in Shanghai, has been transformed from desolate farmland to a major growth engine of the east China metropolis and an embodiment of China's modernization and opening-up. It has become a model for the rest of the country on how to launch reforms and achieve high-quality development in a new era.

Why is Pudong important?

In addition, Pudong has played an important role in Shanghai's latest goal of becoming a technology and innovation center. In 2017, the municipal government approved a plan to turn the Zhangjiang Hi-Tech Park into a science city with about 700,000 residents, including scientists, professionals and entrepreneurs.

How much money does Pudong have in foreign investment?

The area's GDP surged 211 times from 6 billion yuan ($900 million) in 1990 to over 1.2 trillion yuan in 2019. Its total foreign investment has reached $103 billion and it has gathered over 36,000 foreign-funded enterprises and headquarters of 350 multinational companies from 170 countries and regions, data from the Pudong government showed.