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|Zhangjiang Hi-Tech Park|
|Zhangjiang Hi-Tech Park|
The Zhangjiang Hi-Tech Park is a technology park in the Pudong district of Shanghai, China. It is operated by Zhangjiang Hi-Tech Park Development Co., Ltd. The park specializes in research in life sciences, software, semiconductors, and information technology. As of 2009, there were 110 research and development institutions, 3,600 companies and 100,000 workers located in the technology park. In some circles the park is also known as China's Silicon Valley.
The Zhangjiang Hi-Tech Park was established in July 1992. It is situated in the Pudong New Area with a total area of 25 square kilometres (9.7 sq mi). The park is made up of the following areas: the Technical Innovation Zone, the Hi-Tech Industry Zone, the Scientific Research and Education Zone, and the Residential Zone.
In August 1999, the Shanghai Municipal Committee and Municipal Government developed a strategy and accompanying report called "Focus on Zhangjiang." The report identified that investments from the IC industry, the software industry, and the biomedical industry would be targeted. They were seen as the industries which should have leading roles in innovation and that would drive future economic growth and higher employment in Zhangjiang Town and the Hi-Tech Park.
The park is classified as a Special Economic Zone.
Major companies that have a presence in the park include life science firms GSK, Roche, Eli Lily, Pfizer, Novartis, GE, and AstraZeneca. Internet technology firms include Hewlett-Packard, Lenovo, Intel, and Infineon. Software firms include IBM, Citibank, eBay, Infosys, and SAP AG. Chemical companies include Wison Group, DSM, Henkel, Dow, Dupont, and Rohm and Haas. Semiconductor firms include Semiconductor Manufacturing International Corporation (SMIC), Hua Hong NEC, Grace Semiconductor, Spreadtrum, and VeriSilicon. Other firms present include Asia-Pacific Software, Sony, Bearing Point, Kyocera, Cognizant, TCS China, Satyam and Applied Materials. There are also a multitude of biotech firms, over a hundred of them being domestically owned companies.
Zhangjiang Hi-Tech Park can be reached via the inner or outer ring roads that serve the Shanghai metropolitan area. The park is 3.6 km from Nanpu Bridge and 13 km from People's Square. It is 9 km from The Bund.
Longdong Avenue on the park's northern boundary is the main road connecting the inner ring road and Shanghai Pudong International Airport. Luonan Avenue on the park's western boundary is the feeder road connecting the inner ring road and outer ring road.
Zhangjiang Hi-Tech Park can be reached by taking Line 2 of the Shanghai Metro to Zhangjiang Hi-Tech Park station, Jinke Road, or Guanglan Road, the western terminal of subway line 2. The Zhangjiang Tram system, which runs inside the zone and connects to the metro line is also available.