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Copyright © 2024 CGTN. 京ICP备20000184号
Disinformation report hotline: 010-85061466
A view of the skyline of Shanghai, China. /CFP
The Yangtze River Delta region has made significant progress in economic development in the five years since its growth plan was elevated to a national strategy in 2018.
The region has China's largest city cluster, and covers the city of Shanghai, as well as the provinces of Jiangsu, Zhejiang and Anhui. It comprises 4 percent of the country's land area and nearly 10 percent of its total population.
It generates nearly a quarter of the nation's GDP, making it one of the most economically vibrant, open and innovative regions in the country.
Over the past five years, the region has made great strides in infrastructure connectivity and innovation resource integration.
In terms of innovation, the region has built 25 major scientific and technological infrastructure projects.
In the capital markets, the three provinces and Shanghai signed a cooperation agreement in 2019 to provide integrated financial services to companies listed on the Shanghai Stock Exchange's STAR Market. As of the end of 2022, 236 "hard-tech" companies from the region have been listed on the STAR Market, accounting for 47.1 percent of the total on the exchange.
In terms of infrastructure connectivity, the region has the longest high-speed rail network in the country, covering over 6,600 kilometers. The network is expected to cover 80 percent of the region's urban areas by 2025.
The three provinces and Shanghai have worked closely together to promote the region's integrated development, making the region a leading example of regional cooperation and development in China.