Shanghai’s Jinshan District is advancing its 8.0 Business Environment Action Plan through the innovative "Bay Area Gravitation" initiative at the Shanghai Bay High-tech Zone, which has become a catalyst for industrial growth by combining targeted sector development with comprehensive enterprise services. The zone specializes in life sciences, smart manufacturing, and drone industries, creating a digital ecosystem that efficiently connects resources while providing end-to-end "family-style" support for businesses—from speedy approvals to expansion assistance. This approach has delivered tangible results, such as enabling Tebaijia Power to complete its factory relocation and regulatory approvals within just 48 hours, propelling the company’s annual output beyond ¥100 million. Beyond business facilitation, the zone has built a 15-minute living-work circle that addresses housing, education, and healthcare needs, ensuring talent retention and corporate stability.

Operational efficiency lies at the heart of the zone’s success, with a dedicated investment team implementing streamlined processes that cover the entire business lifecycle. In 2024 alone, it organized 44 policy and networking events serving 868 enterprises while deploying ¥769 million in "Bay Area Loan" funding to 12 high-potential firms. The zone’s "advance script-style" approval mechanism has dramatically accelerated project timelines—Shanghai Mazhao Cosmetics obtained all required permits in three days, with financing efficiency improved thirtyfold. 

Currently, the park hosts nearly 400 industrial enterprises, including 232 high-tech firms and 142 specialized "little giant" companies, supported by a service model that has evolved from basic assistance to holistic "family-style" partnership. This includes facilitating multinational headquarters setups as well as solving practical challenges like employee housing and children’s education.

By merging high-efficiency governance with industry-city integration, the Shanghai Bay High-tech Zone is carving out a distinctive position in the Yangtze River Delta’s economic landscape, transforming this southwestern corner of Shanghai into a thriving hub for innovation and enterprise.

Shanghai Nuodi Law Firm was founded in March 2007 and has been in operation for over 18 years, providing legal services to enterprises and public institutions at all levels, people's governments, streets and neighborhood committees and other organizations.

Our firm is currently stationed at the Shanghai Bay Area High-Tech Park Legal Service Center, we offer personalized and professional legal services for business establishment, investment and financing in the high-tech park. Meanwhile, we provide full-spectrum legal support for businesses throughout their entire life-cycle, from startup, development，growth, maturity, and closure, covering corporate governance, property rights protection, investment and financing, cross-border services, and labor employment.

If you have any legal inquiries, please do not hesitate to contact nuodi@shndlaw.com or visit our website at www.shndlaw.com.