The Silicon Bund: How Shanghai's Tech Corridor Is Challenging Global Innovation Centers Section 1: The Innovation Landscape (2025 Benchmark)- 47 multinational R&D centers established since 2022- $9.8 billion venture capital inflow in Q1 2025- 23% year-on-year growth in tech patent applications- 14 new unicorns headquartered in Pudong
Shanghai's Silicon Valley Dreams: How the City is Reinventing Itself as China's Innovation Hub In the heart of Yangpu District, where century-old red-brick factories now house buzzing tech incubators, Shanghai's economic metamorphosis becomes tangible. As China's financial capital enters 2025, the municipality has unveiled bold plans to allo