Changning’s part to play in Hongqiao CBD

With aviation innovation service and Internet plus businesses as the core and for the agglomeration of high-end, characteristic and emerging airport industry, the Changning part of Hongqiao International Central Business District Changning area will form the new kinetic energy that drives the high quality development of regional economy.

At the same time, Changning will enhance housing security to promote industry-city integration and better serve local people. 

On the other hand, Changning will build a convenient and accessible ecological corridor on the basis of the promenade along the Suzhou Creek, greenways to the west of the Outer Ring Road and along Xinjinggang.

The district will also create a comprehensive culture and sports system on the basis of Hongqiao Sports Park, Linkong skateboard park and music park.

A vertical public transport system will be built together with a slow traffic system to form an efficient and convenient commuting network.

Since an overall development plan was approved by the State Council in February 2021, Shanghai’s Hongqiao area has laid a great foundation for innovation and growth of key industries.

The Hongqiao International Hub for Opening-Up, with a functional layout of “one core, two belts” covering 7,000 square kilometers, saw its gross domestic product reach 2.58 trillion yuan (US$408.7 billion) in 2021, said Shanghai Vice Mayor Zong Ming, also director of the Hongqiao CBD administrative committee, at a meeting to commemorate the anniversary.

That means the hub, which is less than 2 percent of the entire Yangtze River Delta region, accounted for nearly 10 percent of the overall economic output in the region.

As the authorities noted, of the 104 key tasks assigned in the plan, 99 have been practically put into effect.

As Hongqiao’s core area, Hongqiao International Central Business District (CBD) has made great progress in this period.

Covering a total of 151 square kilometers, the CBD posted tax revenue of 34.6 billion yuan in 2021, an increase of 29.1 percent year on year, 11.7 percentage points higher than the city’s general growth.

Retail sales of social consumer goods in the CBD rose by 12.4 percent year on year, and the industrial output of enterprises above the “designated size” － those with an annual main business income of over 20 million yuan － jumped 16.6 percent from a year earlier.

The professional service industry has been concentrated and developed, establishing the Hongqiao International Service Provider Alliance and starting the construction of the Hongqiao International Central Legal District.