Shanghai's Jiading district held an opening ceremony for the Shanghai Intelligent Vehicle Software Park on Sept 8, during which the park's industrial development, layout, functions, and supportive policies were announced by officials.
The park is located in Shanghai International Automobile City and covers an area of 3.73 square kilometers.
It was granted approval by the Shanghai Municipal Commission of Economy and Informatization on Nov 18, 2021. The park is focused on establishing an industrial base for emerging industries, which include intelligent vehicle software, automotive driving, internet of cars, and smart traffic information services, in order to contribute to developing Jiading district's automobile industry.
As the only software park that focuses on the field of intelligent and connected vehicles nationwide, the park aims to achieve over 50 billion yuan ($7.18 billion) in revenue by 2025.
Six aspects including 23 measures for supporting the development of the software park were also announced at the opening ceremony.
A map of the newly opened Shanghai Intelligent Vehicle Software Park, which is located in Jiading district. [Photo/jiading.gov.cn]