On May 6, 2023, 15 major industrial projects in Fengxian District, Shanghai started construction, with a total investment of 16.5 billion yuan.

Construction of Biomedical Headquarters started

According to reports, the construction site of the Duoning Biological Global Headquarters and Industrialization Base Project, where the groundbreaking ceremony is located, is constructed by Shanghai Duoning Biotechnology Co., Ltd., a high-tech enterprise in the upstream and downstream supply chain of biopharmaceutical processes. Provide one-stop solutions for the global biopharmaceutical industry. The headquarters base will be built in Fengxian, covering an area of 30 mu, with a total investment of 400 million yuan. After the project is fully produced, it is expected that the annual output value will reach 600 million yuan, and it will provide about 500 jobs.

According to the relevant person in charge of Duoning Biology, it is not accidental that the global headquarters is located in Fengxian. Fengxian is a hot spot for innovation and entrepreneurship, and continues to burst out the surging momentum for the development of high-tech industries. Enterprises should not only take root and grow here, but also make full use of the advantages of the cluster, build R&D centers and technology application centers, gradually expand the global market, and escort China's innovation and wisdom to go overseas.

It is understood that in the first quarter of 2023, Fengxian District completed the industrial output value of 60.5 billion yuan above the designated size, a year-on-year increase of 12.8%, and the growth rate ranked first in the suburbs. The total industrial output value of strategic emerging industries was 31 billion yuan, with a growth rate of 30.4%, ranking first in the suburbs. In the next step, Fengxian will continue to take high-quality development as the top priority, actively give play to Fengxian's industrial advantages, space advantages, ecological advantages, and policy stacking advantages, take multiple measures to ensure growth, expand investment, and go all out to seek development and promote development. Editor/He Yuting