21 Large Projects to Be Launched In Shanghai s Pudong New Pudong rises in Shanghai. The 21 signed projects fall into three categories that represent trends in Pudong s industrial development over the next five years. The first category consists of seven service trade and supporting projects. The opening up of the service trade currently involves more than 10 sectors, including finance, insurance, telecom, consulting and design. The second category consists of seven projects invested by large domestic and foreign companies.
Large companies continue to converge on Shanghai.
In the first 10 years since Pudong s opening, Shanghai has maintained a strategy of making use of foreign and domestic resources and markets, and attracting foreign and domestic investment. Thirty provinces and municipalities and 17 ministries have sponsored projects here. Eighteen headquarters of large s tate-owned enterprises and 32 companies with a value of more than 100 million yuan have settled in Pudong. Another seven IT and IC high-tech enterprises comprise the third section. After 10 years of development, Pudong possesses the six mainstay industries of telecoms, computers, autos and autoparts, integration of optical technology with machinery and electronics, biomedicine and new materials.