The Hongqiao International Open Hub has added RMB 1 trillion in economic output over the past five years.

March 24, 2026
Xinhuanet
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Highlights at a glance
The article reports the construction achievements of Hongqiao International Open Hub in the five years since the approval and implementation of the General Plan in February 2021. The hub covers 14 districts and counties in Shanghai, Jiangsu and Zhejiang, forming a "one core and two belts" development pattern with Shanghai Hongqiao International Central Business District as the core and connecting Suzhou, Jiangsu and Jiaxing, Zhejiang, with a total area of 7000 square kilometers. The core economic indicators show that the regional GDP has increased from 2.3 trillion yuan to 3.3 trillion yuan in five years, the economic density is 4.9 times the average level of the Yangtze River Delta, and the Hongqiao Development Index has steadily risen to 133.4. In terms of enterprise cultivation, nearly 1100 state-level "specialized, special and new" small giant enterprises and nearly 40000 high-tech enterprises have been added. As a "one core", the development of Hongqiao International Central Business District is particularly prominent. The regional GDP exceeded 200 billion yuan, the number of corporate enterprises increased from 49000 to nearly 100000, and the actual population increased by more than 88000 people. In addition, through the integration of government and professional services, the hub has innovatively launched the "three lists" of policies, services and sea-going activities, and has set up regional cooperation platforms such as "Huizhou Merchants Sea-going Service Center" and "Suzhou Merchants Sea-going Hongqiao Salon". In strategic cooperation with the Zhejiang Merchants Association, the hub is committed to building a service hub for enterprises in the Yangtze River Delta to "go global. Data for 2025 show that the business district will hold 382 sea-going activities throughout the year, with nearly 9000 service enterprises, 44% of which are Yangtze River Delta enterprises outside Shanghai, highlighting their regional service radiation capability.
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