Shanghai Premier Investment (Group) Co Ltd successfully won two plots in Chonggu Town, Qingpu District recently. The success of the land auction marks the official establishment of the Premier Industrial Park - Premier Hongqiao Link Valley, with a total investment of 2.3 billion yuan (US$319.44) in Qingpu.

As a key industrial project in Qingpu District and a key cooperative project in the demonstration area for integrated development in the Yangtze River Delta region, the Premier park will be oriented towards the green digital economy industry, focusing on next-generation information technology industries such as the Internet of Things, big data, artificial intelligence and industrial design.

It will introduce domestic and foreign leading scientific and technological innovation enterprises, creating an international industrial community integrating headquarters offices, scientific research and development, industrial incubation and living facilities.

The park plans to include a central courtyard-style social space, as well as multifunctional conference rooms, maker’s spaces, a roadshow center, talent apartments, a staff canteen, coffee bars, gyms, and other leisure and commercial facilities.

Companies in the park will be able to enjoy a variety of policy benefits, including those of the Hongqiao International Central Business District, the talent settlement policies of the five new towns and the industrial support policies of Qingpu District.