1.The 4th China International Import Expo will set up a new zone dedicated to key biomedical industries
The Information Session of the Biomedicine Zone at the Medical Devices and Healthcare Exhibition Area in the 4th China International Import Expo (CIIE) was held at the National Convention and Exhibition Center (Shanghai), announcing the launch of a new Biomedicine Zone in the 4th CIIE to further focus on key industries for China’s development.
2.Shanghai Lingang New Area Financing Guarantee Co., Ltd. was unveiled
On March 11th, Shanghai Lingang New Area Financing Guarantee Co., Ltd. was unveiled and entered comprehensive strategic cooperation with 17 commercial banks that have landed at Lingang New Area of Shanghai Free Trade Zone. The cooperation mechanism between government and bank guarantee at Lingang New Area started, the Lingang Service Base of Shanghai Financing Guarantee Center was unveiled, and the Management Committee of Lingang New Area, Shanghai SME Policy Financing Guarantee Fund Management Center and Lingang New Area Financing Guarantee Co., Ltd. signed a tripartite cooperation contract.
The head of Lingang New Area Financing Guarantee Co., Ltd. Explained that the company is committed to alleviating the challenges of "difficult and expensive financing" of micro, small and medium-sized technological enterprises in key industries. With the policy advantages of the new area, it will extensively use financing guarantee, loan discount, risk compensation and other policy tools to provide comprehensive financial service solutions for enterprises, better support key enterprises that meet the functional orientation and industrial direction of Lingang New Area to access the funds needed for development and further enhance the financial system's support for key areas such as science and technology innovative enterprises and small and medium-sized enterprises (SMEs). In the next step, under the supervision and guidance of Shanghai Municipal Finance Bureau and the Management Committee of Lingang New Area, Lingang New Area Financing Guarantee Co., Ltd. will create integrated financial service plans with the characteristics of Lingang New Area and bring more technological SMEs into the scope of its products and services.
3. The COVID-19 neutralizing antibody invented in Shanghai was recognized by the European Union and authorized for emergency use in the United States and Italy
Lilly Pharmaceuticals, a global partner of Shanghai Junshi Biosciences Co., Ltd. Based in Shanghai, recently announced that the Human Drugs Committee of the European Drug Administration has issued positive scientific opinions on the double antibody therapy of etesevimab and bamlanivimab, suggesting that this therapy should be used to treat confirmed COVID-19 patients aged 12 and above who do not need auxiliary oxygen supply but with severe risk of progression. This means that the COVID-19 neutralizing antibody invented in Shanghai was recognized in the EU.
4. The Shanghai-Guangdong and Shanghai-Shenzhen cooperation greets greater potentials and opportunities: Li Qiang held a discussion with Li Xi and Ma Xingrui
On March 23rd, the Shanghai delegation arrived in Shenzhen, Guangdong Province, to study the advanced experience of deepening reform and opening up in Guangdong and Shenzhen, to feel on the spot the spirit of the Special Zone, which dares to venture, try, be the first and work hard, and to discuss the great plan of enhancing cooperation between Shanghai and Guangdong. In the afternoon, Li Qiang, Secretary of CPC Shanghai Municipal Committee, held a discussion with Li Xi, Secretary of CPC Guangdong Provincial Committee, and Ma Xingrui, Deputy Secretary of CPC Guangdong Provincial Committee and Governor of Guangdong Province.
Wang Weizhong, Deputy Secretary of CPC Guangdong Provincial Committee and Secretary of CPC Shenzhen Municipal Committee, was present.
5. Shanghai Private Economy Science and Technology Innovation Headquarters Park Unveiled
On March 28th, Shanghai Federation of Industry and Commerce signed a strategic cooperation framework agreement with Jiading District Government, and Shanghai Private Economy Science and Technology Innovation Headquarters Park was unveiled at Jiading New Town.
Covering an area of about 6.77 square kilometers, Shanghai Private Economy Science and Technology Innovation Headquarters Park is planned to consist of three zones, namely Lakeside Ecological High-end Cultural Industry Zone, Core R&D and Business Headquarters Cluster Zone and Rail-side Future Intelligent Industry Zone. It aims to form a science and technology ecosystem with private science and technology corporate headquarters as the leaders and related industrial chain enterprises developing together, enhance the development level of enterprises and play an exemplary role in promoting the agglomeration and development of private economic headquarters in Shanghai.
Shou Ziqi, Vice Chairman of Shanghai CPPCC and Chairman of Shanghai Federation of Industry and Commerce, attended the meeting.