Shanghai Xuhui: In 2025, several new track industries such as artificial intelligence, blockchain, and synthetic biology will be actively cultivated

the "Action Plan 8.0 for Optimizing the Business Environment in Xuhui District" and the new round of industrial policy system were successively released on February 14. By 2024, the regional GDP of Xuhui District will reach 393.12 billion yuan, ranking first in the central urban area of Shanghai. It will focus on key areas such as facilitating cross-border investment, standardizing digital governance, and internationalizing intellectual property protection, and will launch "ten major actions" with 34 tasks and measures. In addition, in 2025, Xuhui District will invest another 5 billion yuan in special funds for investment promotion, closely following the "sensitivity" of enterprises. In 2025, guided by artificial intelligence, Xuhui District will vigorously promote the vigorous development of key industries such as digital economy, life and health, cultural creativity, modern commerce, science and technology financial services, professional services, and high-end manufacturing, actively cultivate new industries in ten new tracks such as low-altitude economy, blockchain, synthetic biology, and embodied intelligence, seize the "nuclear explosion point" of the industry, and accelerate the growth of new quality productivity.