The city of Shanghai has set its goals on developing a world-class reputation in four major areas: manufacturing, services, shopping and culture. In manufacturing, the city aims to become an international leader by 2020. 

While China’s technology is a few steps away from the international level, high-end industry development must be a priority strategy of “Made in Shanghai”. Shanghai Huali Macro-electronics is the city's leading manufacturer of integrated circuits and has started to testify and produce China’s most advanced technology-28 nanometer chips which are mostly sold to domestic mobile phone makers and for "national security" use.

The company said Shanghai's brand-building plan gives it a good opportunity to make progress in both capacity and technological achievement. “Our goal is to double our production capacity from the 2015 level by 2020. We also aim to produce 14 namometer chips, which will be a step up from the 28 nanometer chips,” said Chen Yujun, the director of Huahong Group.

Meanwhile, making over time-honored brands is also part of strategy. These old guys combined with high technology and a target to produce high-end production. Shanghai Manloulan is a haute couture company that specializes in making qipaos. It has adopted new technologies for its specialty -- custom-made silk dresses -- which includes using 3D measuring equipment. One analyst says Shanghai has many advantages for these companies. 

“Shanghai is an international city, and companies can pick up many new trends about industrial developments here. This is a big advantage compared to other cities. Also we've seen that the government is improving the efficiency of its administration, and accepting and adopting international standards and practices. So that means companies have less to worry about, which lowers their business costs here,” said Liu Liang, the senior researcher of Shanghai Social Academy of Sciences.

Liu also commented that Shanghai has many advantages for these companies. For the further development, Shanghai's three-year plan aims to ensure strategic emerging industries account for more than 20 percent of the city's gross domestic product by 2020.