Shanghai Baoshan Industrial Zone

    Rating     B
    Year of Establishment     2003
    Land Area     23 km2
    Location     Baoshan District, Shanghai
    GDP     RMB 3.29 billion
    FDI     US$60.78 million (cumulative, contracted)
    Utilized FDI     US$9 million
    Major Investors     SKF, Waldmann, Veldkamp, SCII, Songchuan, Wangyuan, Solcom, Evapco, CYM Industrial, Hilong Group, Shanghai KLN Group
    Major Industies Encouraged     Metallurgy, electronics, fine chemicals
Source: Administration Committee of Shanghai Baoshan Industrial Zone

Shanghai Baoshan Industrial Zone (Shanghai Baoshan IZ) is located in Baoshan District in the northeastern part of Shanghai. It is comprised of Baoshan Urban Industrial Zone, Luodian Industrial Sub-zone and Jiading Xuhang Industrial Zone. Shanghai Baoshan IZ was approved by the Shanghai municipal government as a municipal-level development zone in 2003 and has a planned area of 23 sq km.

Shanghai Baoshan IZ is a mere 28 km from the People's Square, the city center in Shanghai, and enjoys convenient transportation conditions. Shanghai Hongqiao Airport and Shanghai Pudong International Airport are 34 km and 35 km from the zone, respectively. The Shanghai Railway Cargo Station is 6 km from the zone, while the Shanghai-Nanjing Expressway and the Shanghai-Hangzhou Expressway connect the zone with other major cities in the Yangtze River Delta.

Investment Climate
Metallurgy is the strongest industry in Shanghai Baoshan IZ. Shanghai Baoshan Iron & Steel Group (Baosteel Group), located nearby, gives the zone a geographic advantage in the development of metallurgy and related industries. Baosteel Group, formed in 1978, is China’s largest steelmaker. In addition to metallurgy, the zone also encourages investment in electronics and fine chemicals. In 2012, the zone generated RMB 8.43 billion in gross industrial output value, reflecting a year on year increase of 26.44%.

In 2012, Shanghai Baoshan IZ inked 7 new projects with a total investment of RMB 2.17 billion. The fixed assets investment for 2012 reached RMB 1.48 billion.

By the end of 2012, over 20 foreign-funded projects had been set up in the zone and the contracted FDI in the zone had reached more than US$100 million. The zone has attracted investment from a large number of both foreign and domestic firms, including SKF, Waldmann, Veldkam, Solocom, Evapco, CYM Industrial, Hilong Group, Shanghai KLN Group and SCII. SKF, the largest bearings maker in the world, invested a total of US$2.9 million to set up a unit in the zone. The unit, covering an area of 3,584 sq m, commenced trial operation in 2007. Germany-based Waldmann Holding GmbH, a lighting system specialist, entered the park with an investment value exceeding US$1.2 million in 2006. Its unit in the zone is expected to bring RMB 10.4 million in sales revenue to the firm annually. In 2013, the gross industrial output hit RMB 9.52 billion. In 2014, the GDP of Shanghai Baoshan IZ increased 7.2% to RMB 3.29 billion.

Investment Cost
Winning Edge and Limitation
Winning Edge
  • Shanghai is the economic hub in mainland China.
  • Proximity to China’s largest steelmaker, Baosteel, makes the park a good place to develop steel and related industries.

  • The zone has a smaller economy than state-level development zones in Shanghai.
  • It faces competition from other development zones in Shanghai.

Address: No. 1688, Jinshi Road, Baoshan District, Shanghai, P.R. China 200949
Tel: 86-21-66879800
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