The Shanghai Jiading Industrial Zone has attracted an investment of 5.9 billion yuan ($950 million) in high-tech industry during the period of Jan to May 2015, which includes 15 foreign and 822 domestic projects, informed an official.
The zone has followed the innovation-oriented development strategy this year and created a plan for investment in four high-tech fields featuring integrated circuits and Internet of things, new energy and intelligent automobiles, high-performance and high-precision medical equipment, intelligent manufacture and robots.
According to a local official, some new high-tech companies such as the QST Corp, a sensor production company and AEssense Corp, a leading intelligent agriculture company, which?have established their units in the zone earlier this year, will facilitate the local economic development.
Apart from the new establishments, some early-settled companies have also added their investments.
Meanwhile the officer added that the zone is also committed to promote the incubation and development of some start-up high-tech businesses through its cooperation with high-tech platforms such as the Jiading High-Tech Zone.