On Mar. 29, PKU and the Lin-gang Special Area Administration, China (Shanghai) Pilot Free Trade Zone concluded a cooperation contract on the Peking University International Innovation Center, Lin-gang Special Area project.

With approval by the CPC Central Committee and the State Council, Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone (hereinafter referred to as Lin-gang Special Area) is set south of Dazhi River and south of Pudong airport.

Under the principle of "overall planning and step-by-step implementation", the development of Lin-gang Special Area is to start with Nanhui New Town, Lin-gang Equipment Industrial Zone, Xiaoyangshan Island and the southern part of Shanghai Pudong International Airport.

The establishment of Lin-gang Special Area is an important strategic deployment for further opening-up made by the CPC Central Committee. It's an important measure to show China's strong commitment to all-round openness in the new era and to actively lead the healthy development of economic globalization.

The special area is in southeast Shanghai, with Pudong airport to its north and Yangshan International Port to its south. It is an important node of the ShanghaiCoastal Thoroughfare. Waterways, air routes, railways, highways, inland rivers and the subway constitute a convenient integrated transport system.

The inauguration of the Peking University International Innovation Center, Lin-gang Special Area marks another significant step taken by PKU in the Yangtze River Delta region, with the support of the Shanghai municipal government and the Lin-gang Special Area Administration.

With the major industries envisaged for Lin-gang in mind, the Center will deploy innovation chain, capital chain, talent chain, and policy chain around the industrial chains, so as to produce more innovations. By means of deep nurturing and financial support, it will step up the conversion of sci-tech deliverables, incubate high-tech firms and build itself into a first-rated sci-tech innovation platform of global impact, thus serving to fuel growth of the industries in the Lin-gang Special Area and contributing to the building of Shanghai into a global leading sci-tech innovation hub. In addition, the Center will leverage PKU’s research resources and alumni resources to provide the teams moving into the Center with a full range of high-quality services and support, and to drive scientific research advancement and conversion of results.