Shanghai city to build China's first digital park
The location of the planned digital park. [Photo/shobserver.com]
As one of the most innovative areas in Shanghai in East China, the city's Yangpu district is reportedly vigorously promoting the in-depth integration and transformation of its digital economy and the real economy.
As a core part of that initiative, it recently began construction of a digital park, which will become the country's first outdoor incubator for digital innovation, according to officials.
The digital park will be open to the public in the second quarter next year, they added.
Overall the district is pursuing the concept of a "one belt, one district and one circle" development pattern.
The term "one belt" refers to the creation of an online economic park, that is striving to attract more than 3,000 innovative enterprises and achieve an industrial scale of more than 300 billion yuan ($46.2 billion) by 2025.
The term "one district" refers to a physical digital innovation practice area – where the digital park is located – that aims to become a new landmark for the digitalization of the services industry.
And the term "one circle" means developing a knowledge-driven economic circle around the local Tongji University. Yangpu district will reportedly use digital means to promote the transformation and upgrading of the traditional design industry.