BEIJING, Nov. 12, 2022 /PRNewswire/ — Kunshan, in east China’s Jiangsu Province, has recently kicked off Kunshan Week in Shanghai, with a series of investment and promotion activities held to showcase the business environment, seek cooperation and accelerate integrated development with Shanghai.

During the event, an action plan on the innovation and development of the Kunshan Metaverse industry for 2022-2025 was unveiled, as well as detailed measures to support the development of industrial innovation clusters, and 20 cooperation projects were sealed. between Shanghai and Kunshan.

According to the action plan, Kunshan aims to build an industrial complex and industrial park covering an area of ​​more than 300,000 square meters, scale up Metaverse-related industries to 100 billion yuan by 2025, and complete more than 15 projects. of typical application scenarios.

Notably, Kunshan has accelerated integration with Shanghai amid the rapid regional integration of the Yangtze River Delta, one of the country’s economic hubs encompassing Shanghai, Jiangsu, Zhejiang and Anhui provinces.

Continuous efforts have been made to improve infrastructure connectivity, application of scientific and technological innovation, industrial collaboration, financial services and resource integration.

For example, the Kunshan Industrial Technology Research Institute has recently started the Shanghai-Kunshan science and technology innovation community together with the Eastern National Technology Transfer Center, the Shanghai Technology Exchange and other institutions and service agents. to make Kunshan a center for industrial applications and scientific and technological innovations.

Kunshan, a county-level city in Jiangsu Suzhou, is only 40 minutes away from Shanghai Hongqiao International Airport by expressway, and 17 minutes by high-speed train. Kunshan’s GDP exceeded 470 billion yuan in 2021.

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